Question

The CEO of Charter & Co. has a good compensation, a house, a family, and many friends. He is respected by his employees and is recognized as an efficient manager. Now, he wants to start his own company. Which of the following needs is he responding to?

A. Esteem needs
B. Physiological needs
C. Self-actualization needs
D. Social needs
E. Safety needs

Answer 1

The CEO, in this case, is responding to self-actualization needs, the highest level in Maslow's Hierarchy of Needs.

Step-by-step explanation:

In this scenario, the CEO of Charter & Co. who has a good compensation, a house, a family, and many friends, and is respected by his employees and recognized as an efficient manager, is responding to self-actualization needs.

Self-actualization is the highest level in Maslow's Hierarchy of Needs, representing the need to achieve one's full potential. It is a process of personal growth and fulfillment that can only be pursued once the lower needs on the hierarchy are satisfied. Starting his own company would allow the CEO to fulfill his entrepreneurial aspirations and continue his personal and professional development.