Examlex
What is Thorndike's Law of Effect and explain its significance with reference to the reinforcement theory.
E. L. Thorndike's Law of Effect states that a response followed by a reward is more likely to recur in the future. The implication for compensation management is that high employee performance followed by a monetary reward will make future high performance more likely. By the same token, high performance not followed by a reward will make it less likely in the future. The theory emphasizes the importance of a person's actual experience of a reward.
Resource Allocation
The process of distributing available resources among various projects or departments within an organization to maximize efficiency and achieve goals.
Strategies
Plans or methods devised to achieve a particular goal or to deal with specific challenges and opportunities.
Marketing Plan
A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the future.
Performance Causes
Factors that lead to changes in the performance levels of individuals or organizations.
Q4: Mathew, a production manager, conducts an employee
Q28: When an employee takes up a self-assessment
Q29: An advantage of behaviorally anchored rating scales
Q41: Which of the following is true of
Q41: In collective bargaining, an important element of
Q51: Outplacement counseling tries to help dismissed employees
Q60: _ refers to participants taking the part
Q64: E-learning is likely to replace the blended
Q73: Discuss the expectancy theory.
Q99: _ refers to the relative pay of