Final answer:
In the study of OB, the term 'need' refers to things an employee requires for basic survival and well-being, not their wants or desires.
Step-by-step explanation:
In the study of OB (Organizational Behavior), the term 'need' is used to refer to things that an employee requires for basic survival and well-being, such as food, clothing, and shelter. It represents the essential necessities that are fundamental for an individual's existence and functionality within a workplace.
Wants, on the other hand, encompass the desires or preferences beyond basic needs that individuals may have. While needs are essential, wants are those things that a person may desire or prefer but are not essential for survival.
Therefore, the statement is True. In the study of OB, the term 'need' specifically refers to the essential requirements for an employee, not their wants or desires.