In McClelland's View, the Successful Executive Is Likely to Possess

question 12

True/False

In McClelland's view, the successful executive is likely to possess a high need for social power that is greater than an otherwise strong need for affiliation.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting its liabilities, representing the ownership stake of the shareholders.

Additional Paid-in Capital

The excess amount paid by investors over and above the par value of the shares during the issuance of stock.

Total Assets

The cumulative total of all a company's assets, both current and non-current.

Stockholders' Equity

The portion of the balance sheet that represents the capital received from investors in exchange for stock, plus retained earnings or losses.