ABC CorpIntroduced a Training Program That Ensured Everyone Had the Required

question 120

Multiple Choice

ABC Corp.introduced a training program that ensured everyone had the required knowledge and skills to perform the work.The company also brought in a performance-based reward system that accurately identified employees who performed better than others.These practices improve employee motivation by:

• A)increasing employee needs.
• B)reducing feelings of inequity.
• C)improving E-to-P expectancies.
• D)improving P-to-O expectancies.
• E)both 'C' and 'D'.

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Definitions:

Board of Regents

An administrative body that governs institutions of higher education, overseeing budgetary matters, academic policies, and major appointments.

Elastic Demand

A situation in which the quantity demanded of a good or service is highly responsive to changes in its price.

Price Cut

A reduction in the selling price of goods or services, usually aimed at increasing demand or facing competition.

Elastic Demand

An instance where the demand for a product exhibits substantial sensitivity to adjustments in its pricing.