Briefly Explain McClelland's Learned Need Motivation Model

question 136

Essay

Briefly explain McClelland's learned need motivation model.

---

Definitions:

Goodwill

An intangible asset that arises when a company acquires another company for a price higher than the fair value of its net assets, representing the value of the brand, customer relationships, and other intangible aspects.

Dividend Payable

A liability recognized on a company's balance sheet when it declares dividends to be paid to shareholders.

Pre-acquisition Entries

Accounting entries made to adjust the assets and liabilities of a company being acquired to their fair market values at the date of acquisition.