Two-Factor Theory Examines the Relationship Between Effort and Performance

question 33

True/False

Two-factor theory examines the relationship between effort and performance.

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Definitions:

Intangible Resources

Non-physical assets owned by a business, such as intellectual property, brand reputation, and customer relationships.

Substitutable Resources

Resources in a firm that can be replaced by other resources to perform the same function, affecting competitive advantage and strategic planning.

Value Chain

A series of activities performed by a company to deliver a valuable product or service to the market.

Strategic Importance

Significance associated with a decision or action that affects the long-term objectives and competitive positioning of an organization.