According to Research, Which of the Following Are True of the Need

question 59

Multiple Choice

According to research, which of the following are true of the need for achievement?

• A) People who have a lower need to achieve perform better at higher levels.
• B) People who have a lower need to achieve may be more successful entrepreneurs.
• C) People who have a higher need to achieve are more effective leaders.
• D) People who have a higher need to achieve likely develop this need at a young age.

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Definitions:

Tender Offer

A proposal made publicly by an individual or entity to buy shares from shareholders of a publicly traded company at a specified price for a limited time.

Acquisition Cost

The total cost incurred to acquire an asset, including the purchase price and all related expenses.

Minority Shareholders

Shareholders who own less than 50% of a company's shares and, therefore, do not have a controlling interest in company decisions.

Exclusionary Self-tender

A corporate strategy in which a company offers to purchase its own shares from shareholders, typically at a premium, as a means to reduce the number of outstanding shares and thus potentially increase the share price.