Which of the Following Is a Need-Based Theory of Motivation

question 140

Multiple Choice

Which of the following is a need-based theory of motivation?

• A)Expectancy theory.
• B)ERG theory.
• C)Reinforcement theory.
• D)Equity theory.

Understand the conditions under which a seller must offer to cure non-conforming goods.

Identify situations where implied and express warranties are created in sales transactions.

Comprehend the buyer's rights to inspect goods before accepting or paying for them.

Differentiate between a commercial unit and its implications for sales transactions.

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Definitions:

Break Even

is the point at which total costs and total revenues are equal, meaning there is no net loss or gain, and it's a rephrased term for determining financial balance.

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and direct labor costs.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been deducted from revenues.

Variable Costs

Expenses that change in proportion to the production or sales figures, like direct labor and raw materials.