1. Which of the following is a drawback of David McClelland's three-needs theory?
It explains motivation in limited contexts.
It has limited practicality in terms of identifying needs.
It is criticized because of the methodology used in the original research.
Subsequent research was unable to validate the model.
It is illogical.
2 .Altman Distribution fills catalog orders. Samples of size n = 100 have been taken each day over the past 6 weeks. The average defect rate was .05. Calculate the standard deviation of the sampling distribution. State your answer to four decimal places.
3. Think of a company you are familiar with. Briefly describe a couple problems the company faces that could be addressed, at least in part, through optimization. The problems can be either strategic or operational in nature.