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One Theory Is Based on the Theoretical Concept That Employees

question 53

Multiple Choice

One theory is based on the theoretical concept that employees should exert greater work effort if they have reason to expect it will result in a valued reward. What is this theory?

Understand the concept of reciprocity and its implications in organizational behavior.
Identify and explain the dimensions of emotional intelligence crucial for managerial success.
Recognize the categories of managerial skills as proposed by Robert Katz.
Understand the concept of escalation of issues within organizational hierarchies.

Definitions:

Optimal Allocation

The most efficient distribution of resources within an economy to maximize the output or welfare.

MB = MC

A principle in economics indicating the optimal level of output or consumption, where the marginal benefit (MB) equals the marginal cost (MC).

Marginal Benefit

The added utility or pleasure that comes from the consumption of one more unit of a good or service.

Marginal Cost

The escalation in aggregate cost linked to the fabrication of an extra item of a good or service.

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