Maslow's Theory of Motivation Suggests

question 108

Multiple Choice

Maslow's theory of motivation suggests

• A)employee needs are ordered.
• B)employee needs are grouped in three categories.
• C)employee needs are divided into motivator and hygiene categories.
• D)employee needs are acquired as the result of life experiences.

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Definitions:

Marginal Revenue

The extra revenue obtained by selling an additional unit of a product or service.

Demand Schedule

A table that lists the quantity of a good that consumers are willing to purchase at various prices.

Maximize Profits

The goal of businesses to achieve the highest possible level of profit through revenue maximization and cost minimization.