BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
High achievers perform best when they perceive that they have a 50-50 chance of success.
A
True
B
False
Explanation: 

Detailed explanation-1: -High achievers perform best when they perceive their probability of success as being 0.5, that is, when they estimate that they have a 50-50 chance of success. They dislike gambling with high odds because they get no achievement satisfaction from happenstance success.

Detailed explanation-2: -People motivated by achievement need challenging, but not impossible, projects. They thrive on overcoming difficult problems or situations, so make sure you keep them engaged this way. People motivated by achievement work very effectively either alone or with other high achievers.

Detailed explanation-3: -People who possess high achievement needs are people who always work to excel by particularly avoiding low reward low-risk situations and difficult to achieve high-risk situations. Such people avoid low-risk situations because of the lack of a real challenge and their understanding that such achievement is not genuine.

Detailed explanation-4: -People with a high need for achievement seek to excel and thus tend to avoid both low-risk and high-risk situations. Achievers avoid low-risk situations because the easily attained success is not a genuine achievement. In high-risk projects, achievers see the outcome as one of chance rather than one’s own effort.

Detailed explanation-5: -Achievement Theory of Motivation is all about how needs of an individual change over a period of time with changes in his experience. The theory also explains what effects an individual’s need for achievement, power, and affiliation have on their behavior.

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