Examlex
Which of the following is not an approach used by organizations to try to lower labor costs?
External Events
Occurrences outside an organization that might impact its operations, strategy, or performance, such as economic changes, natural disasters, or regulatory shifts.
McGregor's Theory Y
A management theory that suggests employees are inherently motivated and will fulfill their work and responsibilities without coercion if provided with the right conditions.
Lower-order Needs
Basic human necessities in Maslow's hierarchy of needs, such as physiological and safety needs, which are fundamental for survival and security.
High Need
Refers to a critical requirement or an urgent desire that motivates individuals' behaviors or actions towards its fulfillment.
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