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Alexandra bought a snow blower from Rajeev.The price was $5000.As payment, she gave him a document entitled "Promissory Note" that contained her unconditional promise to pay $5000 to him "when the snow next falls." Even though that document does not satisfy the requirements of the Bills of Exchange Act, Rajeev is still entitled to receive $5000 from Alexandra if the condition is met.
McClelland's Motivation Theory
A psychological theory that identifies three primary drivers of motivation: need for achievement, need for affiliation, and need for power.
Need for Achievement
The motivation to excel, to achieve in relation to a set of standards, or to compete successfully against challenging criteria.
Control
The power to influence or direct people's behavior or the course of events, often to achieve a desired outcome.
Herzberg's Two-factor Theory
A theory of motivation proposed by Frederick Herzberg that suggests job satisfaction and dissatisfaction arise from two different sets of factors - hygiene factors and motivators.
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