Your Forecast Shows $500,000 Annually in Sales for Each of the Next

question 2

Multiple Choice

Your forecast shows $500,000 annually in sales for each of the next 3 years.If your second and third year predictions have failed to incorporate the 3% expected annual inflation,how far off in total dollar sales is your 3-year forecast?

• A) $45,450
• B) $60,900
• C) $52,550
• D) $76,250

Grasp the integrative approach to motivation and how it amalgamates different theories of motivation to enhance employee performance.

Understand the concepts of profit-sharing and gain-sharing plans and their differences in distributing organizational earnings to employees.

Explain the reinforcement theory of motivation and the strategies of reinforcement employed in managing employee behaviour.

Describe the content theories of motivation including Maslow's hierarchy of needs, Alderfer's ERG theory, Herzberg's two-factor theory, and McClelland's acquired needs theory.

---

Definitions:

Equal Basis

A principle aimed at ensuring that individuals or entities are treated equitably, without any form of discrimination or bias, in a given context.

Civil Law Systems

Legal systems based on written codes or statutes, as opposed to common law systems that rely on judicial precedents.

Common Law Systems

Legal systems where the laws are primarily derived from court decisions and case law rather than statutes.

Case Law Legal Systems

Legal systems where laws are developed through court decisions and judicial rulings, often based on precedents.