Which Element of Expectancy Theory Is Illustrated by Each of the Following

question 44

Essay

Which element of expectancy theory is illustrated by each of the following statements?
1.After changing his major from finance to accounting, Andy planned a schedule that would allow him to finish his degree in four years.2.Anh's suggestions for business process improvements often result in changes at her company.3.Erin wasn't entirely sure that she wanted the extra responsibilities associated with a promotion.4.Gloria's boss promised her a reward if she completed a training course on business process management.5.Shortly after his hiring, Zachary knew he eventually wanted to be named "employee of the month."

---

Definitions:

Insurance

A contractual arrangement where one party, the insurer, compensates another party, the insured, for losses from specific events or dangers.

Accounts Receivable

Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.

Credit Sales

Sales for which payment is not received at the time of purchase, allowing customers to pay at a later date, thereby creating receivables for the seller.

Cash Sales

Transactions where payment is made in cash at the time of purchase, without the extension of credit.