In Managing Her Workers,Mary First Makes Sure That They Have

question 165

Multiple Choice

In managing her workers,Mary first makes sure that they have good supervision and working conditions before she focuses on things like providing a challenging job.What motivational theory is she applying?

• A) Equity theory
• B) Theory X and Y
• C) Jacob's three-factor theory of motivation
• D) Maslow's hierarchy of needs
• E) Two-factor theory

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Definitions:

Production Function

A mathematical representation of the relationship between inputs (like labor and capital) and the maximum output possible.

Profit Maximizing

The process or strategy employed by firms to increase their profits to the highest possible level by adjusting output, pricing, or other operational decisions.

Price Of Output

The selling price of goods or services produced by a company.

Long-Run Equilibrium

A state in economics where all factors of production and costs are variable, leading to a situation where firms are earning normal profits and no new firms enter or exit the industry.