Most Current Motivation Theories Have a Strong Emphasis on Individualism

question 75

Multiple Choice

Most current motivation theories have a strong emphasis on individualism and quality of life. Why is this?

• A) They were developed in the United States by Americans.
• B) These are the traits needed to successfully motivate people.
• C) Researchers tend to concentrate on those traits that are easiest to quantify.
• D) Motivation theory relies on the study of personality traits to understand what drives people.
• E) These are the two traits that are most distinct in most people worldwide.

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Definitions:

Interest

The cost of borrowing money, often expressed as a percentage of the amount borrowed.

Positive Covenant

Positive covenant refers to stipulations in financial contracts that require the borrower to perform specific actions, such as maintaining certain financial ratios or insurance levels.

Loan Agreement

A legal contract between a borrower and a lender that outlines the terms and conditions of a loan, including repayment schedule, interest rates, and collateral.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.