Briefly Explain McClelland's Acquired Needs Theory

question 145

Essay

Briefly explain McClelland's acquired needs theory.How should managers use this model to motivate employees? What do you think your levels are of the needs that McClelland identified? Explain why.

Know the correct approach to follow up after job interviews.

Understand how to evaluate job offers beyond salary considerations.

Recognize different types of interview questions and how to respond effectively.

Appreciate the avoidance of including unnecessary personal data in professional documentation.

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Definitions:

Economic Value

The worth of a good or service determined by its capacity to provide utility to buyers or the income it generates for sellers.

Personal Finances

The management of an individual's or family's money, including budgeting, saving, investing, and spending.

Benefit Costs

Expenses incurred by organizations due to the provision of employee benefits, such as health insurance, retirement plans, and paid leave.

Organization Knowledge

The collective expertise, skills, information, and processes that exist within an organization, contributing to its ability to achieve objectives.