Maslows theory of hierarchy of needs

Briefly explain the term Maslow's theory of hierarchy of needs. What do you think it would be appropriate in real life?




i) Maslow’s theory of hierarchy of needs thinks that each and every individual has some wants placed in hierarchical order. Only if a lower want is satisfied, does the higher want come in picture

ii) Therefore the bonuses presented to the workers at each and every level have to be dissimilar.

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