Maslow's (1954) Hierarchy of Needs Theory; Alderfer's (1969) Existence, Relatedness

question 23

Essay

Maslow's (1954) hierarchy of needs theory; Alderfer's (1969) existence, relatedness, growth theory; Herzberg's (1968) two factor theory; and McClelland's (1955) acquired needs theory all propose that people's desires to fulfil their needs and wants direct their behaviour.What are the similarities and differences between these theories?

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Definitions:

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of the company's profitability.

Mandatorily Redeemable

Financial instruments or securities that the issuer is obligated to buy back or redeem at a predetermined price and date.

Equity

Equity refers to the ownership interest held by shareholders in a corporation, represented by their shares of the company's stock.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, usually with fixed dividends.