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For Which Motivation Theory Is It Important for Organizations to Pay

question 39

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For which motivation theory is it important for organizations to pay attention to the training and development needs of their employees?


Definitions:

Market Economy

An economic system in which economic decisions and the pricing of goods and services are guided chiefly by the aggregate interactions of a country's citizens and businesses.

Personal Liability

The legal responsibility of an individual to cover the loss or damage incurred by their actions, potentially affecting their personal assets.

New Middle Class

A socio-economic group that emerged in industrial societies, characterized by higher education levels, professional occupations, and relatively high income.

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