Final answer:
The statement in question is false. People with a high need for achievement are more driven by personal accomplishment rather than just external rewards, aligning with Theory Y and the functional perspective of work motivation as explained by the Davis-Moore thesis.
Step-by-step explanation:
The statement "People with a high need for achievement strive for the trappings and rewards of success rather than for personal achievement" is false. Individuals with a high need for achievement are often driven more by personal goals and a sense of accomplishment than merely by the external rewards of success, such as income, prestige, and power. This concept is related to Theory Y, which posits that people enjoy work and find it natural, are more satisfied when given responsibility, and want to take part in setting their own work goals. The Davis-Moore thesis is an example of a functionalist perspective on work and economy, implying that stratification, or rewarding more important work with higher levels of income and prestige, is necessary to motivate individuals to take on highly skilled and difficult tasks in society, such as those requiring lengthy education or medical degrees.
This is contrasted by situations where individuals, such as the businessman who believes that hard work is its own reward, find satisfaction in the effort and personal commitment rather than external entitlements and rewards.