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:

Perfectly Positively Correlated

A relationship between two variables where they move in the same direction at the same time with a correlation coefficient of +1.

Portfolio Risk

The potential for loss or underperformance across a collection of investments held by an individual or institution.

Expected Return

The anticipated return on an investment, taking into account all possible outcomes, their probabilities, and their corresponding returns.

Required Return

The minimum rate of return on an investment that is necessary for an investor to consider making that investment.