People High in the Need for Power Are Very Concerned

question 18

Multiple Choice

People high in the need for power are very concerned with

• A)making an impact on other people.
• B)making money.
• C)altruistic acts.
• D)a desire for relationships.

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Definitions:

Factor Model

A way of decomposing the factors that influence a security’s rate of return into common (systematic) and firm-specific influences.

Firm-specific Events

Events that directly affect a company's operations, financial performance, or stock price, independent of the market or economic conditions.

Macroeconomic Events

Large-scale economic events that affect the economy on a national or global level, such as inflation, unemployment, or fiscal policies.

Unsystematic Risk

The segment of risk that is unique to a specific company or industry, also known as diversifiable risk, which can be mitigated through diversification.