McClelland's Learned Needs Theory

question 66

Multiple Choice

McClelland's learned needs theory:

• A)has limited application in a global environment.
• B)acknowledges that managers are primary motivators.
• C)replaces expectancy and equity theories.
• D)is the central theory from an applied perspective.
• E)addresses the person as the source of motivation.

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Definitions:

Note Duration

The term or length of time until a promissory note, bond, or other financial instrument reaches its maturity date.

Interest Rate

The percentage of a loan amount charged by the lender to the borrower for the use of assets, typically expressed on an annual basis.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.

Promissory Note

A financial document in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.