According to Maslow's Theory of Motivation

question 311

Multiple Choice

According to Maslow's theory of motivation:

• A) optimal human functioning can occur only if the psychological needs of autonomy, competence, and relatedness are satisfied.
• B) only a few exceptional individuals ever achieve self-actualization.
• C) all people are motivated by an inborn tendency to strive for self-actualization.
• D) only a small percentage of self-actualized people experience peak experiences, or moments of intense ecstasy, wonder, and awe.

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Definitions:

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Average Daily Cost

The average daily cost refers to the total cost per day, calculated by dividing the total expenses by the number of days in the period under consideration.

Days' Sales

A financial metric that estimates the average time it takes a company to convert its inventory into sales.

Cost Of Goods Sold

Direct expenses associated with creating the goods a company sells, including both materials and labor.