Question

Bob, a successful businessman in his late fifties, has decided that he wants to retire from work. He would like to help with various charities and take an active part in raising his grandchildren. Bob is motivated by _____ needs.

Answer 1

Answer: self actualization needs

Explanation: In simple words, self actualization needs refers to the desires that one have regarding self fulfillment, peace of mind or for prestige in society. Usually the fulfillment of such needs does not prove any material benefits like increase in money or resources.

These needs are generated from the urge of self growth. In the given case, Bob wants to do charities and spend time with grandchildren. Both of these desires will bring only self satisfaction to him thus he is motivated by self actualization needs.