Which of the Following Describes How Managers Should Use the Expectancy

question 44

Multiple Choice

Which of the following describes how managers should use the expectancy model?

• A) They should recognize that employees have different needs.
• B) They should try to understand each employee's key needs.
• C) They should help employees determine how to satisfy their needs through performance.
• D) They should be aware that employees would be motivated to change something if they do not experience high expectancy levels.
• E) All of these choices

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Definitions:

Growth Strategy

A plan of action designed to increase the size, revenue, market share, or profitability of a business through expansion efforts, product development, market penetration, or acquisition.

Diversification

A risk management strategy that involves adding a wide range of investments, products, or markets to a portfolio or business model.

Market Development

Strategies aimed at finding new markets or expanding existing markets for a product or service to increase sales and market share.

Product Development

The process of bringing a new product or service to market, from the initial idea through design, manufacturing, and marketing.