Both Entrepreneurs and Managers Have a High Need for Achievement

question 12

True/False

Both entrepreneurs and managers have a high need for achievement and a strong belief in personal control of destiny.

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Definitions:

Cash Equivalents

Temporary investments with high liquidity that can be quickly converted into precise cash amounts and carry minimal risk of fluctuating in value.

Marketable

Refers to assets or securities that are easily bought or sold in the market because of their high demand, liquidity, or both.

Bid Price

The highest price a buyer is willing to pay for a security or asset.

Treasury Bill

A short-term government security issued at a discount from the face value and matures at par, providing a return to the holder at maturity.