The Expectancy Theory Involves the Interplay of Expectancy That Effort

question 31

Multiple Choice

The expectancy theory involves the interplay of expectancy that effort will lead to a given performance; probability of reward associated with the performance result, and:

• A) the value of the effort to the individual.
• B) the value of the reward to the individual.
• C) the value of the hierarchy to the individual.
• D) the value of the performance to the individual.

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Definitions:

Franchisor

A person or company that grants the license to third parties for the conducting of a business under their brand's name and operation model.

B-Corp Certification

A designation that a business meets high standards of verified social and environmental performance, public transparency, and legal accountability.

Profitable Growth

The process of increasing a company's revenue and profits effectively and sustainably over time.

Entrepreneurship

The act of creating, managing, and operating a business venture in order to gain profit, often characterized by risk-taking.