Managerial theories and their relevance to modern management applications… In the history of management, there are numerous theories on the subject of motivation. Three such theories discussed in Chapter 13 of your text, described as “content theories”, are Maslow’s Hierarchy of Needs, Alderfer’s ERG Theory, and McClelland’s Needs Theory. Compare and contrast these three theories and explain in your own words how they are similar and dissimilar. How are they relevant for today’s managers?

You are to research Maslow’s Hierarchy of Needs and compare and contrast the three theories explain in your own words how they are similar and dissimilar. How are they relevant for today’s managers?

Provide a short bibliography. The bibliography should reflect not less than 2 sources of reference and should not be from the Internet.