The Two-Factor Theory of Motivation Holds That Two Sets of Factors

question 29

Multiple Choice

The two-factor theory of motivation holds that two sets of factors influence job satisfaction.These are _____.

• A) inducement and subsistence
• B) advancement and responsibility
• C) hygiene factors and motivators
• D) recognition and rewards

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Definitions:

External Customers

Individuals or entities outside an organization who purchase the company's products or services.

Goods Or Services

Tangible products (goods) and intangible offerings (services) that fulfill the needs or desires of consumers.

Fixed Costs

Costs that do not vary with the level of output or production, such as rent, salaries, and insurance premiums.

Monopolistically Competitive

Refers to a market structure where many firms sell similar, but not identical, products, allowing for some degree of market power and differentiation.