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In Contrast to the Hierarchy of Needs Theory, ERG Theory

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In contrast to the hierarchy of needs theory, ERG theory suggests that


Definitions:

Difference

The result or discrepancy when comparing two or more entities, indicating distinction or variation between them.

Security Interest

A legal claim or right granted over an asset to secure the performance of an obligation, typically the repayment of a loan.

Enforceable Security

A financial instrument or an interest in property that can be legally upheld and enforced in a court of law.

Attachment

A legal process by which a court orders the seizure of property to secure the satisfaction of a judgment or as a means of obtaining jurisdiction.

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