In General,a Current Ratio of 2:1 or Higher Is Satisfactory

question 164

True/False

In general,a current ratio of 2:1 or higher is satisfactory.

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Definitions:

Herzberg

Refers to Frederick Herzberg, a psychologist who is best known for introducing the two-factor theory of motivation, distinguishing between hygiene factors and motivators.

McClelland's View

refers to David McClelland's theory that human motivation is primarily driven by three needs: achievement, power, and affiliation.

Need for Social Power

The desire to have influence or control over others in social settings or interpersonal relationships.

Successful Executive

Refers to a high-ranking corporate officer who effectively leads, manages, and makes strategic decisions that contribute to the organization's success.