Maslow's Hierarchy of Needs Theory of Motivation

question 128

Multiple Choice

Maslow's hierarchy of needs theory of motivation

• A)suggests once basic needs are satisfied,higher order needs become motivators.
• B)enjoys strong research support.
• C)is a systematic approach managers can utilize to explain the similar needs employees have at any given time and the similar reactions of employees to similar treatment.
• D)was developed based on Maslow's observations of individual employees in a variety of workplace settings.

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Definitions:

Commitment Fee

A banking charge imposed on a borrower to keep a line of credit open or to guarantee a loan's terms.

Bank Line

A bank line or line of credit is an arrangement between a financial institution and a customer that sets the maximum loan balance that the borrower can access.

Interest Payments

Interest payments are the amounts paid by borrowers to lenders as compensation for the use of borrowed money or assets, typically expressed as an annual percentage rate.

Compensating Balances

Compensating balances are minimum account balances that a company agrees to maintain in a bank account as part of a borrowing arrangement to offset bank service charges or qualify for better loan terms.