What are secondary needs? Why is it important for international managers to understand the secondary needs of employees from multiple cultures?
What will be an ideal response?
Secondary needs like power and order are more psychological in character and are learned from the environment and culture in which the individual lives. Examples of secondary needs include the needs for achievement, autonomy, power, order, affiliation, and understanding. Secondary needs often manifest themselves in organizational settings. For example, if an individual is to be satisfied with her job the rewards provided by the organization must be consistent with her needs. Offering a nice office and job security may not be sufficient if the individual is primarily seeking income and promotion opportunities.
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Inter-Ocean Transfer owns 12 large cargo ships which transport goods. Inter-Ocean Transfer can obtain physical damage insurance on these vessels by purchasing
A) hull insurance. B) cargo insurance. C) protection and indemnity insurance. D) freight insurance.
Why do firms want to prevent hackers from stealing intellectual property?
A) Crooks may create unauthorized duplications. B) Rights are no longer protected. C) Ownership becomes unclear. D) Commercial value is diminished. E) The intellectual property can no longer be trademarked.