With Reference to the Expectancy Theory, Which of the Following

question 88

Multiple Choice

With reference to the expectancy theory, which of the following examples indicates a weak rewards-personal goals relationship?

• A) The employee lacks the skill required for the desired performance level.
• B) The organization's appraisal system assesses nonperformance factors such as creativity and initiative.
• C) The organizational rewards are based on seniority.
• D) The employee expects a poor appraisal as he believes that his manager does not like him.
• E) The employee wants to be relocated to the Paris office but instead is transferred to Singapore.

Grasp the impact of perfect competition on the pricing strategies of a firm in the long-run.

Understand the characteristics and examples of monopolistic competition.

Analyze the long-run outcomes for firms in monopolistic competition, including profit or loss situations.

Recognize the role of excess capacity and its implications in monopolistic competition.