According to Four-Drive Theory, Three Drives Are Proactive (I

question 42

True/False

According to four-drive theory, three drives are proactive (i.e. we actively seek to fulfill them), whereas the drive to defend is reactive (activated only in reaction to threat).

---

Definitions:

Present Value

Today's equivalent monetary worth of future cash sums or flows, discounted at a specific rate of return.

Ordinary Annuity

A series of equal payments made at regular intervals, with the interest compounded at a fixed rate.

Outstanding Balance

This refers to the total amount of money owed on a loan or credit line that has not yet been paid back by the borrower.

Annual Installments

Payments made yearly towards the settlement of a debt or purchase price over a fixed period.