According to the Deficit Principle of Maslow's Theory of Human

question 79

Multiple Choice

According to the deficit principle of Maslow's theory of human needs:

• A) people are always in need of something.
• B) no matter what their condition in life, all people are looking for basic security.
• C) people are not motivated by a satisfied need.
• D) people have a variety of needs, or deficits, that they must satisfy at any given time.
• E) each person has different needs.

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Definitions:

Break-Even Sales Revenue

The amount of revenue needed to cover all fixed and variable costs of a business.

Safety Margin

The difference between the actual performance or capacity of a system and its expected or required performance, serving as a buffer for uncertainty.

Fixed Costs

Expenses that do not change with the level of production or sales over a short period, such as rent or salaries.

Unit Contribution Margin

The amount by which the selling price of a unit exceeds its variable cost, often used to assess the profitability of individual products.