The Most Important Needs for Managers,according to McClelland,are the Needs

question 36

Multiple Choice

The most important needs for managers,according to McClelland,are the needs for

• A)achievement,affiliation and power.
• B)existence,relatedness and growth.
• C)motivation and hygiene.
• D)equity and fair treatment.
• E)self-actualization and ego.

Calculate labor force participation rates.

Differentiate between types of unemployment.

Recognize the relationship between economic cycles and unemployment types.

Identify policies and factors that can reduce structural unemployment.

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Definitions:

Check Collection

The process where banks handle checks from the moment they are deposited until the funds are credited to the depositor's account and debited from the check writer's account.

Payment

The act of giving money or other compensation to settle a debt or obligation.

Certified Checks

Checks guaranteed by a bank, verifying that the signer has enough funds in their account to cover the amount specified on the check.

Dishonored

In financial terms, a dishonored instrument (like a check) refers to one that cannot be processed because the payor's account lacks sufficient funds or is closed.