Examlex
Once a manager has determined that the reason for the poor performance is due to a lack of ability, in what order should the manager explore options?
ERG Theory
A motivation theory developed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth, suggesting individuals are motivated by these needs in a hierarchical fashion.
VIE Theory
A psychological theory proposing that an individual's motivational force is determined by the perceived value of the outcome, the expectancy of achieving the outcome, and the instrumentality of the action.
Need-Based Theories
Psychological theories that focus on understanding human needs and how they influence behavior, particularly in the context of motivation.
Agency Theory
An economic theory that examines the relationship between principals (owners) and agents (executives), focusing on the conflicts of interest that may arise.
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