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A manufacturing company has implemented an across-the-board cost-cutting strategy. The company's goal is to reduce expenses by 10 percent without sacrificing product quality. The decision was made by the company's top management without input from its employees. How are its employees likely to show their resistance to the organizational change?
Return On Sales
A financial ratio that measures the percentage of profit made from sales after covering operating expenses.
Expectancy Theory
A motivational theory suggesting that an individual's motivation depends on their expectation of the outcome and the value they place on that outcome.
Valence
In psychology, the extent to which a person values the expected outcome of an action; in chemistry, the combining power of an element.
Expectancy
The anticipated outcome or occurrence of an event, often used in the context of probability or investment returns.
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