Examlex
Identify the following costs as a (a) product cost or (b) period cost for a cake factory.
1. _____ Frosting
2. _____ Baker's wages
3. _____ Advertising fees
4. _____ Transportation out
McClelland's Acquired Needs Theory
A motivational theory that emphasizes the importance of three needs - achievement, affiliation, and power - in determining worker motivation.
Acquired Needs Theory
A psychological theory that suggests individuals are motivated by their desires for achievement, affiliation, and power, which they acquire over time based on their life experiences.
Need for Affiliation
A person's inherent desire to feel connected to others, seeking social bonds and meaningful relationships.
Need for Achievement
A psychological trait that drives individuals to achieve goals and excel in their endeavors.
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