Currency and Thai Baht Essay Example for Free

Currency and Thai Baht Essay Assessing Future Exchange Rate Movements 1. How are percentage changes in a currency’s value measured? Illustrate your answer numerically by assuming a change in the Thai baht’s value from a value of $0.022 to $0.026. ANSWER: The percentage change in a currency’s value is measured as follows: where S denotes the spot rate, and St −1 denotes the spot rate as of the earlier date. A positive percentage change represents appreciation of the foreign currency, while a negative percentage change represents depreciation. In the example provided, the percentage change in the Thai baht would be: That is, the baht would be expected to appreciate by 18.18%. 2. What are the basic factors that determine the value of a currency? In equilibrium, what is the relationship between these factors? ANSWER: The basic factors that determine the value of a currency are the supply of the currency for sale and the demand for the currency. A high level of supply of a currency generally decreases the currency’s value, while a high level of demand for a currency increases its value. In equilibrium, the supply of the currency equals the demand for the currency. 3. How might the relatively high levels of inflation and interest rates have affected the baht’s value? (Assume a constant level of U.S. inflation and interest rates.) ANSWER: The baht would be affected both by inflation levels and interest rates in Thailand relative to levels of these variables in the U.S. A high level of inflation tends to result in currency depreciation, as it would increase the Thai demand for U.S. goods , causing an increase in the Thai demand for dollars. Furthermore, a relatively high level of Thai inflation would reduce the U.S. demand for Thai goods, causing an increase in the supply of baht for sale. Conversely, the high level of interest rates in Thailand may cause appreciation of the baht relative to the dollar. A relatively high level of interest rates in Thailand would have rendered investments there more attractive for U.S. investors, causing an increase in the demand for baht. Furthermore, U.S. securities would have been less attractive to Thai investors, causing an increase in the supply of dollars for sale. However, investors might be unwilling to invest in baht-denominated securities if they are concerned about the potential depreciation of the baht that could result from Thailand’s inflation. 4. How do you think the loss of confidence in the Thai baht, evidenced by the withdrawal of funds from Thailand, affected the baht’s value? Would Blades be affected by the change in value, given the primary Thai customer’s commitment? ANSWER: In general, a depreciation in the foreign currency results when investors liquidate their investments in the foreign currency, increasing the supply of its currency for sale. Blades would probably be affected by the change in value even though its Thai customer’s commitment, as the sales are denominated in baht. Thus, the depreciation in the baht would have caused a conversion of the baht revenue into fewer U.S. dollars. 5. Assume that Thailand’s central bank wishes to prevent a withdrawal of funds from its country in order to prevent further changes in the currency’s value. How could it accomplish this objective using interest rates? ANSWER: If Thailand’s central bank wishes to prevent further depreciation in the baht’s value, it would attempt to increase the level of interest rates in Thailand. In turn, this would increase the demand for Thai baht by U.S. investors, as Thai securities would now seem more attractive. This would place upward pressure on the currency’s value. However, the high interest rates could reduce local borrowing and spending. 6. Construct a spreadsheet illustrating the steps Blades’ treasurer would need to follow in order to speculate on expected movements in the baht’s value over the next 30 days. Also show the speculative profit (in dollars) resulting from each scenario. Use both of Ben Holt’s examples to illustrate possible speculation. Assume that Blades can borrow either $10 million or the baht equivalent of this amount. Furthermore, assume that the following short-term interest rates (annualized) are available to Blades: Currency Dollars Thai baht Lending Rate 8.10% 14.80% Borrowing Rate 8.20% 15.40% ANSWER: Depreciation of the Baht from $0.022 to $0.020 1. Borrow Thai baht ($10,000,000/0.022) 2. Convert the Thai baht to dollars ($454,545,454.50 million Ãâ€" $0.022). 3. Lend the dollars at 8.10% annualized, which represents a 0.68% return over the 30-day period [computed as 8.10% Ãâ€"(30/360)]. After 30 days, Blades would receive ($10,000,000 Ãâ€" (1 + .0068)) 4. Use the proceeds of the dollar loan repayment (on Day 30) to repay the baht borrowed. The annual interest on the baht borrowed is 15.40%, or 1.28% over the 30-day period [computed as 15.40% Ãâ€"(30/360)]. The total baht amount necessary to repay the loan is therefore (454,545,454.50 Ãâ€"(1 + .0128)) 454,545,454.50 10,000,000.00 10,068,000.00 460,363,636.40 5. Number of dollars necessary to repay baht loan ($THB460,363,636.40 Ãâ€" $0.02) 6. Speculative profit ($10,068,000 – $9,207,272.73) 9,207,272.73 860,727.27 Appreciation of the Baht from $0.022 to $0.025 1. Borrow dollars. 2. Convert the dollars to Thai baht ($10 million/$0.022). 3. Lend the baht at 14.80% annualized, which represents a 1.23% return over the 30-day period [computed as 14.80% Ãâ€"(30/360)]. After 30 days, Blades would receive (THB454,545,454.50 Ãâ€" (1 + .0123)) 4. Use the proceeds of the baht loan repayment (on Day 30) to repay the dollars borrowed. The annual interest on the dollars borrowed is 8.20%, or 0.68% over the 30-day period [computed as 8.20% Ãâ€" (30/360)]. The total dollar amount necessary to repay the loan is therefore ($10,000,000 Ãâ€"(1 + .0068)) 5. Number of baht necessary to repay dollar loan ($10,068,000.00/$0.025) 6. Speculative profit (THB460,136,363.60 – THB402,720,000.00) 7. Dollar equivalent of speculative profit (THB57,416,363.60 Ãâ€"$0.025) 10,000,000.00 454,545,454.50 460,136,363.60 10,068,000.00 402,720,000.00 57,416,363.60 1,435,409.09

To Homeschool or Not to Homeschool, That is the Question Essay

When a child walks out the door to his first day of school, a parent may ponder about his child’s future. Will he be a doctor or a lawyer? Is music or art in his future? Although most of the questions parents deliberate are positive in nature, fears also arise. Will he be smart? Will he fit in socially with others? From a child’s educational to social growth, parents have a responsibility to navigate their child down a path which will yield the greatest reward. Of these paths are public schools, private schools, online school or homeschooling. Within these schooling options, numerous factors enter into the final determination. Time commitment and money required are two of the biggest factors parents consider when choosing how their children will be educated. Caring parents want the best for their children and know they have only one chance to make the right educational decision. Although the homeschooling option may have some positive attributes steering par ents toward choosing this method, the negative aspects prove it is not the most beneficial choice for a student or his family. Different scenarios of instruction fall under the homeschooling umbrella. Whether a child is actually taught at home with a curriculum his parents either purchased or drafted themselves, or the child is taught online via a home-study course, all are types of homeschooling. In addition, some parents practice a homeschooling method known as unschooling. In this situation, parents fill their house with â€Å"encyclopedias, history books, art supplies, games and other learning tools that children are free to take up if or when they choose.† (Home schooling). This type of schooling uses daily life lessons to incorporate the core subject learning... ...r. Web. 30 Apr. 2012. â€Å"Preface to ‘Why Do Parents Choose to Homeschool?’.† Homeschooling. Ed. Myra Immell. Detroit: Greenhaven Press, 2009. Current Controversies. Gale Opposing Viewpoints in Context.Web. 25 Apr. 2012. Shives, Steve. â€Å"Homeschooling Curricula Do Not Meet Academic Standards.† Homeschooling. Ed. Noah Berlatsky. Detroit: Greenhaven Press, 2010. Opposing Viewpoints. Rpt. From â€Å"Homeschoolers Who Don’t Learn Science Shouldn’t Receive a Diploma.† American Chronicle. 2008. Gale Opposing Viewpoints in Context. Web. 30 Apr. 2012. â€Å"Tuition & Class Fees.† The Academy of Creative Learning. 2012. N.p., n.d., Web. 30 Apr. 2012. http://www.azpianoforte.com/464001.html Wilson, Jacque. â€Å"Unschoolers learn what they want, when they want.† cnn.com. 2011. N.p., 3 Aug. 2011. Web. 27 April 2012.

Psychology and It’s function Essay

The American Heritage dictionary defines psychology as â€Å"the science that deals with mental processes and behavior.† The difference between a literature and a psychology major is that a literature major is already seeing their patients. Every day a literature major opens up their books, and finds out something else upon a host of characters psyches. They are presented with odd situations, with broken characters, and they must come to an understanding of whom that character is in order to understand their actions. Literature aids us in our understanding of reality by giving us fictionalized example of how real people would act in intense situations. A good author makes you believe his or her characters are real, and understand why they do what they do. This is particularly apparent in Araby by James Joyce, and As I Lay Dying by William Faulkner Araby, by James Joyce allows its reader to see life through the eyes of an adolescent struggling to be a man. It allows the reader to see the reality of what it’s like to feel unaccomplished and pathetic. The boy in the story is trying to make his voyage to the bazaar, his new adventure to mean that he’s entered a new phase of life. Time suddenly seems to slow down in the story as the boy waits for Saturday to arrive. â€Å"I could not call my wandering thoughts together† he complains â€Å"I had hardly any practice with the serious work of life which, now that it stood between me and my desire seemed to me child’s play, ugly monotonous child’s play.† (Joyce, 29) Illustrated in the story are the real emotions the boy is feeling as both a man too old to be child, and a child too young to be a man. The boy’s arrival at the bazaar, and inability to purchase anything shows him that he is not ready to be the man he is striving to be by triumphantly impressing Mangan’s sister. The story is a study on the popular reality of adolescence. â€Å"Gazing up into the darkness I saw myself as a creature derided by vanity; and my eyes burned with anguish and anger† reflects the boy, finally  realizing that the whole quest was frivolous, the girl was a fantasy. So, in this end he has gained some self-realization. His ability to recognize his youth and his ignorance is a growth. This sort of insight into the psyche of an adolescent could be found after years of study of adolescent psychology, or it could be learned through a powerful illustration like Araby. Araby, like much literature, provides us with an example of how many young boys feel about life–frustrated, unaccomplished, and eager to grow up. In â€Å"As I Lay Dying† by William Faulkner we the reader get a unique opportunity to understand and see into the psyche of nearly every character in the book. We get a full picture of the character’s reality by seeing the actions of the novel from various perspectives. Faulkner teaches As I Lay Dying readers that no one perspective is correct, which is a valuable lesson to bring to the real world. The novel, simply from the way it is written, teaches us a great deal about how different people’s views of situations effect how they interact within them. In the novel Cash is able to feel accomplished, important, and like he can do something about his mother’s death by building a coffin. Dewey Dell cannot understand this, she is disgusted that he’s built his coffin right outside the window where Addie can see it. Neither one of them communicates with each other or allows their emotions to be revealed. This sort of breakdown of communication between families is often a cause of fighting within households. Often, we do not understand that different people almost always have different perspectives, and explaining them could prevent resentment and anger. By giving us various narrators and no overall â€Å"judge† of the situation, Faulkner is allowing us to see this about both the novel, and reality. Often in literature gives us an example of how people act in real life. I find myself relating literary examples to what’s happening in my life almost every day. How often do we as a society hear the term â€Å"Big Brother† in reference to the way our government is acting? Many novels we read in class gave us an understanding on how people interact with each other in real life. A true literary analyst sees the characters world as a reality, and often feels like a psychologist, trying to get the root of the meaning of a character’s actions.

A Comparison of Federal and Puerto Rican Employment Protections

Following the Industrial Revolution of the Nineteenth Century, the federal government of the United States pursued the enactment of various laws to protect the rights of individual laborers.This was primarily spawned at the insistence of labor unions, which were legalized in the same time period. Throughout the following century, a number of revisions and improvements were made upon these laws, to the point where at the present individual workers enjoy the full legal protections of the United States government at their places of employment.These federal statutes cover all areas from age discrimination to discrimination against those with disabilities. One major statute is based on Title VII of the Civil Rights Act, which makes it illegal for an employer to discriminate against a worker on the basis of race, color, religion, sex, or national origin.This applies to not only treatment on the job, but to all aspects of the employment process, including hiring, promotion, discharge, pay, fringe benefits, job training, classification, and referral.Employers are prohibited from showing preference while advertising or recruiting. For example, an employer may not post advertisements for a position that are tailored exclusively to a particular gender, or insinuate during the hiring process that individuals fitting a certain description are more likely to be hired. (Department of Labor.)Falling under the same statute, employers cannot dismiss an employee for any of the above classifications, and cannot pay less on the basis of gender, race, etc. This was a common practice before the creation of such protections, as in many circumstances women were paid much less for working the same jobs that men were being paid much higher to complete.In addition to this, the federal statutes prohibit child labor, which means in most states that workers under the ages of 18 or 16 are subject to certain restrictions in the number of hours a week they may work, and other aspects of working the job including the use of tools and operation of machinery. (Department of Labor.)As well, Title I of the Americans With Disabilities Act prohibits employers of fifteen or more employees to discriminate against qualified individuals with disabilities.This law is inapplicable in some circumstances. Obviously, if an individual is disabled in such a way so as to make them wholly unable to perform the duties of a given job, it is not considered discrimination for the employer to refuse to hire them. However, in some cases involving minor mental illness, where individuals are still able to adequately perform the function of a job, which may or may not require less skill, employers are not permitted to discriminate on the basis of the disability, and are subject to being penalized if they are discovered doing so. (Andrade.)The federal government left some areas of employment protection to be decided by the individual states. One example of this is minimum wage. Though there is a fairl y low standard of minimum wage established by the federal government, individual states may establish a higher minimum wage. In the case of Puerto Rico, the minimum wage is $5.15 per hour worked, though over the summer of 2006 members of the House of Representatives introduced legislation to raise this minimum wage to $5.40.This minimum wage only applies to employers who are covered by the Federal Fair Labor Standards Act (FLSA). Employers not covered by the FLSA may pay their workers much lower rates, close to $3.00 per hour. (Department of Labor.)Even so, Puerto Rico is said to have some of the most strictly regulated labor laws within United States jurisdiction. This is due in part to highly successful labor movements within the territory. All federal statutes regarding labor apply to states, and this includes territories such as Puerto Rico. If these regulations are not followed, the Department of Labor will intervene in some manner and enforce the law. At a minimum, Puerto Rica n labor laws must comply with the labor laws established by the federal government of the United States. (Andrade.)In some areas, Puerto Rico has gone above and beyond the minimum established standards. As mentioned, the House of Representatives has made an effort to raise the minimum wage. As well, the territory has established the Puerto Rico Occupational Safety and Health Administration, which enforces the Occupational Safety and Health Act of Puerto Rico (OSHA).Among other things, this act guarantees to each employee in the Commonwealth of Puerto Rico â€Å"safe and healthful working conditions†. Employers must ensure that each employee has a job and jobsite free of hazards which may cause death or physical injury. (Constitution of the Commonwealth of Puerto Rico; Serrano.)Employers must also obey all occupational safety and health standards, and any rules or regulations that are applicable to the worksite. This includes federal statutes, as well as Puerto Rican laws.This is enforced through the use of inspections, which are conducted on the basis of priority in the following order: imminent danger, fatalities/catastrophes investigations, complaint/referral investigations, programmed inspections, and follow-up inspections to ensure that any necessary modifications have been carried out by the employer. An additional measure established a Boiler and Elevator Inspection Program, the title of which is self-explanatory.In this program, inspectors ascertain the safety of boilers and elevators on jobsites, judging all aspects including manufacture, installment, and safe operation. These measures, while adopted by several other states, are not specifically enforced or provided by the federal government.Contrary to the bad reputation that many labor sites outside of the continental United States have earned, Puerto Rico vigorously follows federal standards of employment protection, and has made initiatives to improve upon the federal model. With a decent mi nimum wage, laws promoting safe workplaces, and an administration in place that actively inspects employers to ensure the enforcement of these laws, Puerto Rico has been deemed by many to be a safe, profitable place for laborers to work.Works CitedAndrade, N (2006, October 4). Puerto Rico-State-Labor Law Center Blog. Retrieved October6, 2006, from Labor Law Center Web site: http://blog.laborlawcenter.com/category/state/puerto-ricoAuthor Unknown, (2006). Constitution of the Commonwealth of Puerto Rico. Retrieved October6, 2006, from ToPuertoRico.org Web site: http://www.topuertorico.org/constitu.shtmlAuthor Unknown, Puerto Rico State Information Page. Retrieved October 6, 2006, from U.S.Department of Labor Web site: http://www.osha.gov/oshdir/stateprogs/Puerto_Rico.htmlSerrano, M, Labor Laws Weigh Heavily on Puerto Rico’s Employers. (2005, August 25). PuertoRico Herald, http://www.puertorico-herald.org/issues2/2005/ vol09n34/ CBLaborLaws.shtml

“Poor People would be better off if they had fewer children to feed and clothe”. Essay Essays

â€Å"Poor People would be better off if they had fewer children to feed and clothe†. Essay Essays â€Å"Poor People would be better off if they had fewer children to feed and clothe†. Essay Essay â€Å"Poor People would be better off if they had fewer children to feed and clothe†. Essay Essay â€Å"Poor Peoples would be better off if they had fewer kids to feed and clothe† . The competency of the hapless in rise uping kids will ever be a impression of concern in every society. notably in the Caribbean part. Sadly. we suffer from different economic and societal developmental issues which dates back as far to the issue of independency from our colonial provinces with the exclusion of some Gallic Caribbean states such as ; Martinique. Guadeloupe. St. Martin and British Virgin Islands. However. most states are plagued with the devil of unemployment courtesy of the fluctuating economic system in the universe at big and in the West. Most states besides suffer from encephalon drain taking back to the slow economic system. For each society to be efficaciously studied. one has to travel beyond the surface and dissect the state of affairs. as cells are to the organic structure so are people to the society/ state that we live in. hence the importance of population surveies in happening out issues that plague the society. further taking us to the subject of treatmen t and rating today which is â€Å" Poor people would be better off if they had fewer kids to feed and clothe† . There is no uncertainty in my head that this statement is so factual. Poor by definition agencies holding small or no money. goods or agencies of support. Therefore if I was hapless and I had less dependants to worry about I would be better off holding fewer kids to feed and apparels. and if I should take the autonomy of pulling your imaginativeness to the world of holding the duty to besides direct multiple kids to school and supply them with technological advancements†¦ hapless people are 120 % better off if they had less duty. The rich nevertheless. make non endure from the achings of holding excessively much kids or excessively small because in kernel they can last this predicament. For this impression of response. the author will be pulling cognition from the Malthusian theory and besides the Neo – Malthusian and Marxist theory. but for now allow us concentrate a spot on the Mathus political orientation and how effectual it is on the rating of the population growing and tendencies. Thomas Malthus. the laminitis of this theory postulates that if the population continues to turn quickly. so the effects would be damaging. he pointed this out in his celebrated treatise. He states that the population increases in geometric proportions ( 2. 4. 6. 8 ) while the nutrient resources available for them would merely increase arithmetically i. vitamin E 1. 2. 3†¦ in simple words if the human population was â€Å"allowed† to increase at a faster rate than the nutrient supply. a point would come when nutrient beginnings couldn’t back up the turning population. Malthus in his thought doubted the inventiveness of world and engineering and even though his theory is non precisely incorrect it doesn’t needfully suit the Caribbean position. Food and apparels are available yes. but do we all have the capital to buy these goods to do life comfortable? Further taking us to believing of Karl Marx who is hell set on that it is the inequality of the opinion cate gory that causes poorness. malnutrition. offense and hungriness. This would be solved if just chances were given to other people and non merely those with wealth running through their venas ; this theory fits in to the Caribbean society today. The opinion would be the politicians and those who are apart of large organisations. These are the people whose kids are better off in life and they besides receive heavy rewards and they perform less burdensome work. Compared to the in-between category and lower workers. who work for such unjust rewards. Therefore taking to the underdevelopment of the destitute and certain population tendencies such as the heavy migration degrees in each state. This farther leads to the loss of human development because the people who leave their place states for better occupation chances and betterments in life criterions leave a spread in the society which the authorities has to make full. bing more. The issue of offense and aberrance in the society can be related to holding hapless back evidences and broken places. particularly juvenile delinquency. The author took it upon herself to measure these deductions and to the extent at which they are true and I came across a household in my community who can be considered as hapless. This household life in one 2 sleeping room house. wit h an outside bathroom and kitchen has 35 people populating in it. In this household there are 2 people over 60 old ages old. their 4 kids and their children’s many kids. Each kid has no less than 5 kids and to add all of them are without male parents. as they have refused to take up their duties. It is sad to state that these sisters have non obtained an instruction higher than a secondary degree. and so they are virtually unemployed with the exclusion of one sister who is a domestic assistant. They are besides populating without electricity and running H2O. We were asked to measure the population in relation to development. How precisely development is possible when surrounded in state of affairs such as these? In most instances such as these. the kids like the 1s in my community will stop up go forthing school and history will reiterate itself. other state of affairss such as aberrant behaviour and teenage gestation will besides gyrate out of control taking to an uneffective society full of dead persons. who will merely finally weigh the economic system down. increase in revenue enhancement to back up public assistance systems. a low GDP rate. addition in condemnable activities and even prematurely deceases. The wellness attention of these less fortunate are besides at inte rest. As persons how can we halt the on-going wretchedness of an overpopulated society. offense and aberrance. wellness attention lacks. encephalon drain. hungriness and the rhetorical rhythm of unemployment? Well there are several organisation which seeks to relief the hapless such as UNICEF and Food for the hapless. who are ever present when natural catastrophes ( hurricanes. temblors. vents ) wreaks mayhem in states. orphanhoods and in the instance of dire demands and physically challenged. In Jamaica there is besides the PATH plan which was instituted to assist kids who are traveling to school. pupils on this plan receive a monthly stipend. wellness attention and tiffin at school. a large aid to most. Besides. if they excel academically. they are awarded scholarships to go on their district instruction. Now back to Malthus. who has his solution which takes the signifier of moral restraint. The use of utilizing birth control methods ( contraceptives/ rubbers ) or merely merely abstaining from sexual activity until one is ready emotionally and economically. acquiring married older. spacing kids and holding less kids. These methods when combined will swerve the turning population and make more productive persons. the hapless would be able to take advantage of the aid they are having and they will so be able to acquire an effectual occupation which will assist them to go less dependent on the society to take attention of them. therefore hapless people would be better off because in kernel they wouldn’t be hapless once more.

Dissatisfied vs. Unsatisfied

Dissatisfied vs. Unsatisfied Dissatisfied vs. Unsatisfied Dissatisfied vs. Unsatisfied By Sharon Dont mix up dissatisfied with unsatisfied. Dissatisfied applies only to people who are unhappy, frustrated or disappointed with a thing, person or situation. Examples: I was dissatisfied with the service I received at the restaurant. She was dissatisfied with his response to her question. Unsatisfied refers to the feeling of needing more and can be used with abstract items. Examples: Despite the hearty meal, his hunger remained unsatisfied. She has had the bill for three weeks, but it still remained unsatisfied. The adjective is dissatisfaction. Here are some quotations from publications around the web: No, thats not a real statistic. Yet Ilana hasnt been alone in her sexual frustration. Several shows recently have been depicting women as unsatisfied. Like Ilana, theyre determined to do something about it and a finding man isnt necessarily part of the equation. LA Times More people than ever are dissatisfied with the products and services they buy, according to a new report from Arizona State Universitys W.P. Carey School of Business. And when there is a problem, were less happy with the customer service we receive. USA Today Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Vocabulary category, check our popular posts, or choose a related post below:Grammar Test 125 Russian Words Used in English (and 25 More That Should Be)12 Misunderstood and Misquoted Shakespearean Expressions

Organisation and behaviour Assignment Example | Topics and Well Written Essays - 500 words

Organisation and behaviour - Assignment Example 52). Motivation is among the key determinant of work output of employees. There is a positive association between motivation and work output. When employees are adequately motivated, their output has been shown to increase considerably (Northouse, 2012.p 36). As such, managers ought to be well equipped with knowledge on how to motivate employees. Their primary role is to see goals and objectives of the firm realized and such requires dedicated employees. If employees are not motivated, their performance is not optimal and may not sustain the firm. Managers are; therefore, better off aware about motivation that will keep employees enthusiastic to realize the firm’s goals and objectives. Maslow hierarchy of needs tries to establish human motivations. It is the achievement of certain needs that motivates people, and they are in a hierarchical order from the very basic existence needs. It is upon fulfilling one need that a person ventures into fulfilling the next (Bass and Bass, 2009. p. 78). The model consists five stages that can be classified into three broad categories namely basics, needs, and growth needs. Basics include deficiencies, the needs include physiological needs, safety, love and self-esteem and lastly, growth needs accommodates self-actualization (Nel, 2011. p. 17). An individual toils to satisfy basic needs in the lower levels before progressing to growth needs in higher level. According to Maslow, a person stagnates on a specific level of need until that need is either partially of fully satisfied. When a need aggravates or the person is constantly not able to meet the need, the easy option often becomes to regress back to an earlier need to fulfill it more and to avoid the frustration (Bass and Bass, 2009. p. 80). This result in what the ERG theory calls frustration-regression aspect. The theory assumes that there are two