Scenario 9.1 Colette University, an Institute of Higher Learning That Educates Confectionery

question 30

Multiple Choice

Scenario 9.1
Colette University, an institute of higher learning that educates confectionery chefs, offers a very attractive benefits package.Costs associated with the benefits are about double those of rival institutions.However, the university's administrators feel thatextensive benefits attract the most talented faculty and staff in the world.Due to recent societal trends in fitness and health, Colette University has experienced a downturn in its funding support from global confectionery corporations seeing lower profits.The university's budget is adversely impacted.Joy, the human resource manager of the university, has been asked to find ways to reduce expenditures on benefits so that important university programs do not suffer.
-Refer to Scenario 9.1.The administrators of Colette Universityjustify the high costs of its benefits programs.Which of the following theories supports their claim?

• A) The equity theory
• B) The efficiency wage theory
• C) The motivational theory
• D) The expectancy theory
• E) The goal-setting theory

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Definitions:

Right Time

The most suitable or appropriate moment to take action or make a decision to ensure the best possible outcome.

Behaviour

The actions, reactions, or conduct of an individual or group in response to external or internal stimuli.

Laws

The system of rules that a particular country or community recognizes as regulating the actions of its members and may enforce by the imposition of penalties.

Top Executives

High-ranking officials in an organization responsible for strategic planning, decision-making, and overseeing operations to ensure company goals are met.