In Maslow's Hierarchy of Needs,the Need for _____ Is the Need

question 26

Short Answer

In Maslow's hierarchy of needs,the need for _____ is the need to achieve one's highest potential.

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs (direct materials, direct labor, and both variable and fixed overhead) in the cost of a product.

Variable Costing

Variable Costing is an accounting method that only considers variable costs—costs that change with production volume—in product pricing and decision-making.

Net Operating Income

A financial metric that calculates a company's profit after all operating expenses, excluding taxes and interest, have been deducted from total revenue.

Operating Loss

Operating Loss occurs when a company's operating expenses exceed its gross profits, indicating that the core business operations are not profitable.