Lynn Is in Charge of a Nursing Shift at a Hospital

question 101

Multiple Choice

Lynn is in charge of a nursing shift at a hospital. She wants to improve the motivation and performance level of the nurses under her direction. According to expectancy theory, one element of an effective motivational strategy is to:

• A) simplify the job.
• B) determine what types of rewards are valued by the nurses.
• C) set performance standards that are beyond the ability of most nurses to challenge them to achieve.
• D) rotate the nurses so that they perform different jobs each day.

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Definitions:

Inflation

is the rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Savings

Savings refer to the portion of income that is not spent on consumption but is set aside for future use, often in a bank account or other investment vehicle.

Nominal Interest Rates

Refer to the interest rates before adjustments for inflation, representing the face value of interest paid or received.

Money Growth

Money growth refers to the rate at which the supply of money in an economy increases, influencing inflation and economic activity.