Expectancy Theory Mainly Explains How Employees

question 16

Multiple Choice

Expectancy Theory mainly explains how employees:

• A)have different needs at different times.
• B)can use personal expectations to reduce work-related stress.
• C)can motivate themselves through power.
• D)have different levels of work effort based on their expectations of performance and reward outcomes.
• E)compare their inputs and outcomes to other people.

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Definitions:

Excise Tax

A tax levied on the sale or consumption of specific goods or services, such as tobacco and alcohol.

Demand Shift

Occurs when there is a change in the quantity demanded at every price level, caused by factors other than the price of the good itself.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved, often due to market failure or intervention.

Excise Tax

A charge imposed on the sale or use of particular products or services, including alcohol, tobacco, and fuel.