The Pecking Order Theory Says That Instead of Trying to Achieve

question 61

True/False

The pecking order theory says that instead of trying to achieve a specified target capital structure, firms use the cheapest form of capital available at any given time.

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Definitions:

Job Enrichment

Job enrichment is a method of job design aimed at increasing employees' satisfaction and performance by adding more meaningful tasks, giving more control over how tasks are accomplished, and encouraging personal growth.

Motivator Side

The aspects of a job or environment that can increase employee satisfaction and motivation, typically including factors like recognition, achievements, and personal growth.

Physiological Needs

The basic, essential human requirements for survival, such as food, water, shelter, and sleep, as outlined in Maslow's hierarchy of needs.

Abraham Maslow

Abraham Maslow was a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology proposing five tiers of human needs, from basic survival needs like food and shelter to higher levels of needs such as self-actualization.