Which Motivation Theory Is Based on the Idea That Work

question 163

Multiple Choice

Which motivation theory is based on the idea that work effort is directed towards behaviours that people believe will lead to desired outcomes?

• A)Four-drive theory
• B)Expectancy theory
• C)Equity theory
• D)ERG theory
• E)Goal setting theory

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Definitions:

Average-cost Pricing

Average-cost pricing is a pricing strategy where the price is set based on the average cost of production, including fixed and variable costs, plus a markup.

Regulated Natural Monopolist

A company that legally operates a monopoly because it is more efficient to have a single provider of a service or good, but its operations and pricing are supervised by the government to prevent abuse.

Social Well-being

Refers to the overall quality of life and level of happiness and fulfillment experienced by individuals within a society.

Deregulating

The process of reducing or eliminating government regulations on industries to foster a more efficient and competitive business environment.