The Two-Factor Theory Proposes That ________

question 59

Multiple Choice

The two-factor theory proposes that ________.

• A) within every human being, there exists a hierarchy of five needs and as each of these needs becomes substantially satisfied, the next one becomes dominant
• B) employees inherently dislike work and must therefore be directed or even coerced into performing it
• C) employees can view work as being as natural as rest or play, and therefore the average person can learn to accept, and even seek, responsibility
• D) the factors that lead to job satisfaction are separate and distinct from those that lead to job dissatisfaction
• E) achievement, power, and affiliation are three important needs that help explain motivation

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Definitions:

Monopolistically Competitive

Pertaining to a market scenario characterized by many sellers offering differentiated products or services, creating a competitive atmosphere.

Marginal Cost

The growth in overall expenses resulting from the manufacture of an extra unit of a product or service.

Average Total Cost

The total cost of production divided by the quantity of output produced, representing the average cost per unit of output.

Concentration Ratio

A measure of the total market share held by a specific number of the largest firms within an industry, indicating the degree of market concentration.