When an Agreed-On Result Is Obtained by the Agent and the Principal

question 26

Multiple Choice

When an agreed-on result is obtained by the agent and the principal does not benefit, the agent:

• A) will not be paid.
• B) is entitled to be paid.
• C) must return any pay to the principal.
• D) may only recover the expenses incurred, not the actual compensation.

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Definitions:

ERG Theory

A motivational theory proposed by Clayton Alderfer that categorizes human needs into existence, relatedness, and growth needs.

Growth Needs

Desires for personal growth and development.

Motivational Concepts

Theories or ideas that explain how and why individuals are driven to behave in certain ways to achieve personal or professional goals.

Effective Leadership

A leadership approach that emphasizes the ability to influence and guide others towards achieving specific goals in a manner that is efficient, inspiring, and productive.