When Mary Smith Accepted a Position with Intel Corporation in Hillsboro

question 135

Multiple Choice

When Mary Smith accepted a position with Intel Corporation in Hillsboro, Oregon, she knew little about what to expect.However, all her fears soon dissolved.One week before she began, she received a thorough orientation to the company, was introduced to her coworkers, was invited to lunch daily, and was encouraged to join a company-sponsored employees' club.Xerox seems to be satisfying Mary's ____ needs.

• A) Esteem
• B) self-actualisation
• C) physiological
• D) Social
• E) Safety

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Definitions:

Economic Perspective

A viewpoint that analyzes individuals' decisions based on costs, benefits, and rational self-interest within the framework of scarcity and resource allocation.

Economizing Problem

The fundamental economic issue of meeting unlimited wants with limited resources, necessitating choices and priorities in resource allocation.

Economic Wants

are desires for goods and services that can be met by consuming products.

Economic Means

The methods or resources available for achieving economic objectives, such as wealth accumulation or resource allocation.