McClelland's Learned Needs Model of Motivation Suggests People Have Three

question 171

Multiple Choice

McClelland's learned needs model of motivation suggests people have three particularly important learned needs that are rooted in the culture of a society:

• A) existence,relatedness,and growth
• B) achievement,affiliation,and power
• C) esteem,relatedness,and self-actualization
• D) deficiency,growth,and motivation

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Definitions:

Net Present Value

Net Present Value (NPV) is a financial metric used to evaluate the profitability of an investment or project, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual rate, influencing savings and borrowing costs.

Saving

Current income that is not spent on consumption goods. Saving makes it possible for resources to be devoted to investments (like the making of tractors or other equipment used in production).

Investment

The purchase, construction, or development of resources, including physical assets, such as plants and machinery, and human assets, such as better education. Investment expands an economy’s resources. The process of investment is sometimes called capital formation.