Describe Vroom's Expectancy Theory

question 45

Essay

Describe Vroom's Expectancy Theory.What are some implications for multinational management?

---

Definitions:

Inequality

The state of not being equal, especially in terms of status, rights, and opportunities, leading to disparities in income, wealth, and living conditions.

Preconditions

Conditions or requirements that must exist or be met before a certain event can occur or a process can proceed.

Economic Elites

A group of people who possess a disproportionate amount of wealth and economic power in a society.

Middle Classes

A social group between the upper and working classes, characterized by moderate to high income levels, education, and professional occupations.