Which of the Following Helps Explain Why Some People Do

question 124

Multiple Choice

Which of the following helps explain why some people do not work as hard as they can when their salaries are based purely on seniority?

• A) two-factor theory
• B) Maslow's hierarchy of human needs
• C) scientific management
• D) expectancy theory

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Definitions:

Trading Costs

Expenses associated with buying and selling securities, including commissions, spreads, and slippage.

Collection Float

The time period between when a payment is initiated by a debtor and when the funds are actually available to the creditor.

Transaction Motive

Refers to the need to hold cash for the purpose of conducting daily business transactions and operations.

Lockbox System

A service provided by banks to process payments by collecting and depositing checks into the company's account quickly.