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Given the information below, place an (SP) if the statement describes a sole proprietorship, a (P) if the statement describes a partnership, and a (C) if the statement describes a corporation.
Theory X and Y
A concept describing two contrasting models of workforce motivation developed by Douglas McGregor; Theory X assumes that employees are naturally unmotivated and dislike work, while Theory Y assumes that employees are self-motivated and thrive on responsibility.
Maslow's Theory
A psychological concept proposing a hierarchy of human needs, from basic physiological needs to self-actualization, influencing motivation.
Evidence-Based Management
The practice of making managerial decisions based on the best available scientific evidence, aiming to improve organization outcomes.
Knowledge Management
The process of creating, sharing, using, and managing the knowledge and information of an organization.
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