According to David McClelland, Persons with a High Need for Achievement

question 129

Multiple Choice

According to David McClelland, persons with a high need for achievement tend to take

• A)high risks.
• B)moderate risks.
• C)low risks.
• D)no risks.

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Definitions:

Common Stock Option Warrants

Financial instruments that give the holder the right to purchase a company's common stock at a specified price within a certain time period.

Financial Statements

Reports that summarize the financial performance, position, and cash flows of a business over a specific period, typically including income statement, balance sheet, and cash flow statement.

Stockholders' Equity Account

A financial statement that shows the ownership value held by the shareholders of a company, consisting of share capital plus retained earnings and less any treasury shares.