Maslow's Needs Hierarchy Theory Was Dismissed by Experts More Than

question 88

Essay

Maslow's needs hierarchy theory was dismissed by experts more than three decades ago, yet Maslow's writing has had a lasting and valuable effect by advocating a more holistic, humanistic, and positive approach to human motivation.Discuss these three approaches and point out how they were applied in Maslow's needs hierarchy theory.

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Definitions:

Net Sales

The amount of sales revenue left after deducting sales returns, allowances, and discounts.

Ending Inventory

The total value of all goods still available for sale at the end of an accounting period.

Beginning Inventory

The amount of inventory a company has at the start of an accounting period.

Markup

The sum added onto the purchase price of products to encompass both overhead expenses and profit margins.