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"White Knights" Refers to a Situation Where Key Players Have

question 27

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"White knights" refers to a situation where key players have the right to purchase shares at a huge discount, which makes takeovers extremely expensive.


Definitions:

Herzberg's Two-Factor Theory

A motivation theory which suggests that there are two sets of factors that influence job satisfaction in the workplace: hygiene factors and motivators.

ERG Theory

A theory of human needs and motivation developed by Clayton Alderfer, which condenses Maslow's hierarchy into three core needs: Existence, Relatedness, and Growth.

Progressive Need Gratification

Progressive need gratification refers to the ongoing process of satisfying one’s needs and desires in a stepwise or continuous manner.

Existence Need Category

Basic human needs related to physical and material well-being, such as food, water, shelter, and safety.

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