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A Manager Provides Outcomes to His Subordinates for Good Performance

question 34

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A manager provides outcomes to his subordinates for good performance in the form of rewards that they value. According to expectancy theory, the manager is motivating through


Definitions:

Price

The economic worth conjectured, obligatory, or handed over as a consideration for something.

Resource Market

A marketplace where resources (such as labor, capital, and natural resources) are bought and sold, facilitating economic production.

Factors of Production

Resources used in the creation of goods and services, including land, labor, capital, and entrepreneurship.

Firms

Business organizations engaged in professional, commercial, industrial, or service activities.

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