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Differentiate between a static budget variance and a flexible budget variance.
Intrinsic Motivation
The drive to engage in activities for their own sake and personal rewards, rather than for some external compensation.
Maslow's Hierarchy
A psychological theory proposing a five-tier model of human needs, from basic (such as food and shelter) to more complex (such as self-actualization), which people are motivated to achieve in a hierarchical order.
Sequential Order
The arrangement of objects, events, or ideas in a specific linear sequence based on some criteria, often time or priority.
Self-Actualization
The process of actualizing one's inherent talents and possibilities, viewed as an essential urge or need across all individuals.
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