Vroom's Expectancy Theory States That the Three Key Variables,effort,performance,and Outcome,interact

question 108

True/False

Vroom's expectancy theory states that the three key variables,effort,performance,and outcome,interact in an additive manner to determine the amount of effort people will choose to expend on a particular task.

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Definitions:

Differential Revenue

The difference in revenue generated from two different business decisions or periods, used to analyze the financial impact of those decisions.

Alternative Proposed Use

A potential use of resources or assets under consideration as an option different from their current application.

Cash

Money in the form of bills or coins, used as a medium of exchange; in accounting, it often refers to assets that are readily available for use.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision.