Imagine That a Sociologist Had Been Tracking the Patent Index

question 1

Multiple Choice

Imagine that a sociologist had been tracking the patent index in a developing country for the past 30 years.Over that time,the number of patents applied for has been steadily increasing.Based on David McClelland's work,it is likely that this country's need for achievement will

• A) also have steadily increased over the past 30 years.
• B) have shown a steady decline over the past 30 years.
• C) not have changed over the past 30 years.
• D) have fluctuated randomly over the past 30 years.

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Definitions:

Net Working Capital

Net Working Capital is a measure of a company's short-term financial health, calculated as current assets minus current liabilities.

Present Value

The contemporary valuation of future financial inflows or a lump sum, adjusted for a specific rate of return.

Rate of Return

A measure of the gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Net Working Capital

Net Working Capital is a financial metric that calculates the difference between a company's current assets and its current liabilities, indicating the company’s short-term financial health.