The Owner of a Small Local Chain of Retail Stores

question 142

Multiple Choice

The owner of a small local chain of retail stores that target affluent women and carry eclectic lines of wrapping paper, stationery, invitations, and gifts has expressed a strong need to expand nationwide. According to McClelland's Learned Needs Theory, the owner has a need for____________ .

• A) achievement
• B) esteem
• C) growth
• D) self-actualization
• E) affiliation

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Definitions:

Direct Labor

The work of factory employees that can be easily traced to the production of specific goods or services.

Factory Overhead

Indirect manufacturing costs not directly tied to production, including maintenance, utilities, and equipment depreciation.

Direct Labor

The wages or salaries paid to employees directly involved in the production of goods or services.

Finished Product

An item that has undergone the entire manufacturing process and is available for purchase.