According to McClelland,top Managers Should Have a High Need for Affiliation

question 72

True/False

According to McClelland,top managers should have a high need for affiliation coupled with a low need for power.

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Definitions:

Profit

The financial gain realized when the amount of revenue gained exceeds the expenses, costs, and taxes needed to sustain the activity.

Profit-Maximizing

A strategy or approach aimed at achieving the highest possible profit from business operations.

Fixed Cost

Costs that do not change with the level of output produced, such as rent, salaries, and insurance expenses.