John Citizen Is Primarily Driven by a Need to Establish

question 72

Multiple Choice

John Citizen is primarily driven by a need to establish close social relationships with other people.Alderfer would say he is motivated by:

• A) growth needs
• B) relatedness needs
• C) existence needs
• D) self-actualisation needs
• E) physiological needs.

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Definitions:

Vertical Integration

A strategy where a company expands its operations into different stages of production within the same industry, controlling multiple aspects of its supply chain.

Value Creation

The process by which companies or individuals generate increased worth for a product, service, or brand, often leading to competitive advantage and higher profitability.

Strategy Formulation

The process of developing plans and actions to achieve organizational goals and objectives, taking into account internal strengths and weaknesses and external opportunities and threats.

Strategic Management Process

A methodical approach involving the formulation and implementation of major initiatives and goals taken by a company's top management on behalf of owners, based on the assessment of internal and external environments.