As Managers, Individuals with High Achievement Needs

question 33

Multiple Choice

As managers, individuals with high achievement needs:

• A) tend to delegate too much.
• B) have strong affiliation needs.
• C) do not want feedback on their performance.
• D) tend to be rapidly promoted.

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Definitions:

Antitrust Legislation

Antitrust legislation comprises laws intended to regulate competitive conduct among businesses, prevent monopolies, and promote fair competition.

Sherman Act

The Sherman Act is a landmark federal statute in the antitrust law of the United States, prohibiting monopolistic business practices and promoting competition.

Monopoly Power

The ability of a single company or entity to control or dominate an entire market, preventing competition.

Trust-Busting

Government activities aimed at breaking up monopolies and trusts to restore competition in the market.