The Centre-Of-Gravity Method Finds the Location of a Centralized Facility

question 148

True/False

The centre-of-gravity method finds the location of a centralized facility, such as a distribution centre, that will maximize the organization's revenue.

Identify the relationship between effort, performance, and outcomes as described in expectancy theory.

Distinguish between different motivational theories, including McClelland's acquired needs theory, Alderfer's ERG theory, and goal-setting theory.

Apply expectancy theory to practical situations in motivating staff and improving work performance.

Recognize the significance of organizational justice and how it influences motivation and behavior in the workplace.

---

Definitions:

Promoter

An individual or entity that initiates the formation of a company, raises capital for it, and takes necessary steps to legally establish the business.

Initial Setting

The original conditions or parameters established at the beginning of a process or activity.

Public Share Offering

The process of offering shares of a private corporation to the public in a new stock issuance, allowing the company to raise capital from public investors.

Separate Legal Personality

The legal principle that a corporation or certain other entities exist independently of their shareholders or members, capable of owning property, incurring debt, suing, and being sued.