What Is TRUE Regarding Vroom's Expectancy Theory

question 4

Multiple Choice

What is TRUE regarding Vroom's expectancy theory?

• A)It states that people's needs are arranged on a hierarchy of importance and the higher-order needs must be satisfied first before they move on to lower-order needs such as safety needs.
• B)It states that employees compare their results with those of coworkers and decrease their efforts if they feel they are under-rewarded for similar work.
• C)It describes the process by which people are motivated to accept challenging goals and receive feedback on their progress.
• D)It describes the process people use to evaluate the likelihood that their efforts will yield the results they want,along with the degree to which they want those results.

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Definitions:

Death of a Partner

A situation in a partnership where one of the partners passes away, requiring the partnership to address the consequences and redistribution of the deceased partner's interest.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, a key indicator of the company's financial health and profitability.

Financial Statements

Documents presenting a summary of a firm's financial status, encompassing the balance sheet, income statement, and cash flow statement.

Book Value

The value of an asset as it appears on a balance sheet, calculated by subtracting any depreciation, amortization, or impairment costs from its original cost.