Examlex

Solved

Although Marvin, a Sales Manager, Did Not Perform Well as a Salesman

question 67

Multiple Choice

Although Marvin, a sales manager, did not perform well as a salesman, he performs exceptionally well in his current supervisory role. Marvin is good at motivating people and getting things done by them. His team has been meeting quarterly targets ever since he became the supervisor. In the context of McClelland's Learned Needs Theory, Marvin is most likely motivated by the need for _____.


Definitions:

Derivative Suit

A lawsuit brought by a shareholder on behalf of a corporation against a third party, often an insider of the corporation, alleging harm to the corporation.

Disinterested Directors

Board members who do not have a personal or financial stake in the decisions being made, ensuring unbiased governance and compliance.

Quorum

The least number of attendees required for a meeting's activities to be considered valid.

Proper Purpose

Acting with a legitimate objective, especially in the context of corporate governance where actions should align with the best interests of the company and its shareholders.

Related Questions