According to Four-Drive Theory,the Drive ______ Is a Fundamental Ingredient

question 100

Multiple Choice

According to four-drive theory,the drive ______ is a fundamental ingredient in the success of organizations and development of societies.

• A)to defend
• B)for fairness
• C)to bond
• D)to acquire
• E)to achieve goals

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Definitions:

Market Equilibrium

Occurs when the quantity of a product demanded by consumers equals the quantity supplied by producers, leading to a stable price.

Socially Optimal Level

An economic condition where resources are allocated in a way that maximizes the overall benefit to society, considering both efficiency and equity.

Regulation

A rule or directive made and maintained by an authority.

Taxation

The process by which governments charge fees on individuals and corporations to fund public services and infrastructure.