Max Has the Need to Master Difficult Challenges,to Outperform Others,and

question 8

Multiple Choice

Max has the need to master difficult challenges,to outperform others,and to meet high standards for excellence.According to researchers such as McClelland and Atkinson,Max MOST likely

• A) has high affiliation needs.
• B) is high in achievement motivation.
• C) is low in achievement motivation.
• D) has a high fear of failure.

---

Definitions:

Factor Beta

Sensitivity of security returns to the realization of a systematic factor. Also called factor loading and factor sensitivity.

Economic Growth

The increase in the amount of goods and services produced by an economy over time, often measured by the annual percentage growth of a country's gross domestic product (GDP).

Equally-Weighted Portfolio

An investment portfolio where each asset is allocated the same proportion of the total investment, disregarding market capitalization.

Portfolio Return

The overall gain or loss of an investment portfolio, considering all sources of income and capital gains.