According to the ERG Theory

question 23

Multiple Choice

According to the ERG theory:

• A) motivation is not just putting things in place to encourage behavior, it also is concerned with removing things that could discourage desired behaviors.
• B) a person's behavior is motivated primarily by the lowest unsatisfied need at that moment in time.
• C) an employee's behavior is motivated simultaneously by more than one need level.
• D) relatedness needs are initially the most important and people are motivated to satisfy them first.

Understand the importance of object permanence in the sensory-motor stage.

Differentiate between preoperational and concrete operational stages in terms of conservation.

Identify Erikson's stages of development specific to early childhood, adolescence, and old age.

Comprehend the role of crisis in Erikson's personality development stages.

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Definitions:

Marginal Cost

The cost incurred by producing one additional unit of a good or service.

Simultaneous Consumption

A characteristic of services that indicates they are consumed at the same time as they are produced.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of production and the quantity of output increase.

Price Discrimination

A pricing strategy where a seller charges different prices for the same product or service to different consumers, based on market segments, capacity to pay, or purchasing contexts.