The net present value has been computed for Proposals P and Q. Relevant data are as follows:
Determine the present value index for each proposal. Round your answers to two decimal places.
Definitions:
Process Theories of Motivation
Theories that describe how various personal factors, job characteristics, and environmental factors interact to drive motivation and behavior at work.
Expectancy Theory
A motivational theory suggesting that an individual’s motivation is an outcome of how much an individual wants a reward, the assessment of the likelihood that the effort will lead to expected performance, and the belief that the performance will lead to a reward.
Equity Theory
A theory in social psychology that explains how individuals perceive fairness in the distribution of resources and rewards, influencing their motivation and satisfaction.
Goal-Setting Theory
An organizational framework positing that specific and challenging goals, along with appropriate feedback, facilitate improved worker performance.
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