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According to Four-Drive Theory, Social Norms, Past Experience, and Personal

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According to four-drive theory, social norms, past experience, and personal values translate emotional signals into goal-directed effort.


Definitions:

Capital Equity

The amount of money that would be returned to shareholders if all of the assets were liquidated and all of the company's debts were paid off.

Partnership Contract

A legal agreement between partners that outlines the terms and conditions of their business relationship.

Profits

The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Income Ratio

A financial metric comparing earnings to another element, such as sales or assets, to assess profitability or performance.

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