The Three Process Motivation Theories Are Equity Theory,hierarchy of Needs

question 5

True/False

The three process motivation theories are equity theory,hierarchy of needs theory,and expectancy theory.

Describe the early stages of international expansion and the use of home-country nationals.

Understand the process and criteria for selecting expatriates.

Recognize the role and definition of work permits in international employment.

Appreciate the unique challenges and advantages associated with employing women expatriates.

---

Definitions:

Total Profits

The sum of earnings from a business operation, after all expenses have been deducted from total revenue.

Price-discriminating Monopolist

A monopolist that charges different prices to different consumers or groups of consumers for the same product, not based on cost differences.

Market

Any structure that allows buyers and sellers to exchange any type of goods, services, and information.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a strong response.