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?

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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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