David McClelland Has Done Extensive Research on the Various "Needs

question 79

Essay

David McClelland has done extensive research on the various "needs" of managers.Discuss the three major types of needs of managers according to McClelland and explain their possible advantages and disadvantages on the effectiveness of a manager.

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Definitions:

Sales Receipts

Documents that evidence the sale of goods or services and the payment received for those sales.

Bank Statements

Monthly or quarterly documents issued by a bank detailing all transactions in a customer's account.

Cash Dividends

Payments made by a corporation to its shareholders, typically out of its earnings, as a distribution of profits.

Income Statement

An income statement is a financial report that details a company's revenues and expenses over a specific period, culminating in a net income or loss to show the company's financial performance.