Maslow's Hierarchy of Needs and Theory of Motivation Is Based

question 75

Multiple Choice

Maslow's hierarchy of needs and theory of motivation is based on the principle that

• A) consumers increase their standard of living
• B) the per capita income will increase every year
• C) the supply of goods and services will always increase
• D) the free market system will produce an increase in the standard of living
• E) a person moves up to the next higher level need when the one lower is satisfied

---

Definitions:

Sale Of Shares

The process of selling ownership units of a company, usually in the form of stock, to investors or the public.

Lewin's Model

A change management model developed by Kurt Lewin which describes organizational change through three stages: Unfreezing, Changing, and Refreezing.

Economic

Relating to the production, distribution, and consumption of goods and services, as well as the management of money and resources.

Lewin's Change Model

A framework developed by Kurt Lewin which describes organizational change through three stages: Unfreezing, Changing, and Refreezing.