COST ACCOUNTING
INFORMATION FOR DECISION MAKING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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These are the things we desire to have.
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Wants
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Goals
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Opportunity Costs
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Explanation:
Detailed explanation-1: -Often, we want things not because of their physical manifestation but because of the way we think having those things will make us feel. For example, we may want a significant other to feel loved, or a fancy house to feel successful. Spend some time thinking about why you want what you want.
Detailed explanation-2: -Once we have food, water and shelter we must feel safety, belonging and mattering. Without these 3 things humans crave we can not get in their smart state.
Detailed explanation-3: -Maslow’s theory was that people progress through five general stages in the pursuit of what they want: physiology, safety, belongingness/love, esteem, and self-actualization.
There is 1 question to complete.