Labor Unions Generally Prefer It If an International Business Keeps

question 30

True/False

Labor unions generally prefer it if an international business keeps highly skilled tasks in its home country and farms out only low-skilled tasks to foreign plants.

Understand the basics of expectancy theory including its components (expectancy, instrumentality, and valence) and their relationships.

Recognize the principles of equity theory, including inputs, outcomes, and the concept of fairness in comparison with others.

Identify the various motivation models and how they explain motivation in organizational settings.

Determine how expectancy and equity theories apply in cultural contexts and organizational practices.

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Definitions:

Final Choice

The ultimate decision made after considering all options and outcomes.

Routine Decisions

Decisions that are made frequently, following established policies or procedures with predictable outcomes.

Momentous Decisions

Decisions of great importance or significance, often having far-reaching consequences.

Technical Knowledge

The specific expertise and skills required to perform tasks related to technology, engineering, or specialized areas of a field.