Expectancy Theory Mainly Explains How Employees

question 226

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.

---

Definitions:

Revenue Forgone

Potential income not earned or lost by choosing an alternative action, representing the opportunity cost of decisions.

Total Cost Method

A accounting approach that involves direct costs, indirect costs, and fixed and variable expenses to determine the overall cost of a product.

Manufacturing Costs

Expenses directly associated with the production of goods, including materials, labor, and overhead.

Total Cost Method

This method involves identifying the total cost of producing goods or services, including both fixed and variable costs.