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List and discuss the three-needs theory according to David McClelland.Provide examples of job situations that demonstrate how these needs can motivate.
Fixed Costs
Expenses that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.
Unit Variable Cost
It's the cost associated with producing one additional unit of product, including materials, labor, and other costs that vary with production output.
Overall Product
The complete final product resulting from a manufacturing or production process.
Cost-Volume-Profit Chart
A graphical representation that shows how changes in cost, sales volume, and price affect a company's profit.
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