Siddiqi Has Been a Team Leader in a Company for Five

question 105

Multiple Choice

Siddiqi has been a team leader in a company for five years. He was promoted to a managerial role after taking his leadership qualities and his ability to inspire his teammates into consideration. According to McClelland's Learned Needs Theory, Siddiqi was motivated by the _____.

• A) need for existence
• B) need for power
• C) need for belongingness
• D) need for safety

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Definitions:

Producer Surplus

The difference between the amount producers are willing to sell a good for and the amount they actually receive.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.

Seniors

Older adults, typically those aged 65 and above, who may qualify for certain benefits and considerations due to their age.

Students

Individuals engaged in the process of learning, typically within an educational institution such as a school or university.