Lucas Enterprises Recently Opted to Open a New Retail Outlet

question 10

Multiple Choice

Lucas Enterprises recently opted to open a new retail outlet.If the outlet outperforms the expectations,the manager can opt to increase the store's size.If it underperforms,the manager can opt to close the store.These choices that the manager has been given are called:

• A)call options.
• B)put options.
• C)straddles.
• D)managerial options.
• E)executive options.

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Definitions:

Self-Determination Theory

A psychological framework positing that individuals are motivated to grow and change through three innate psychological needs: competence, relatedness, and autonomy.

Particular Needs

Specific requirements or desires of an individual that vary depending on personal circumstances or contexts.

Needs for Competence

The intrinsic motivation that drives individuals to seek out challenges and opportunities to enhance their skills and abilities.

Autonomy

The capacity to make an informed, uncoerced decision; in psychology, it often relates to the sense of control or agency over one's actions and life.