Examlex
Which of the following statements is/are correct when describing expectancy theory?
i. The preference that an employee has for a particular reward is called valence.
ii. Expectancy is the likelihood of achieving the performance necessary to earn the reward.
iii. An individual's perception that the effort put into a task will lead to a specific reward outcome is fundamental to expectancy theory.
Overconfidence
The psychological condition of being more confident than is justified; this can lead to mistakes and poor decision-making due to underestimating risks or overestimating one's abilities.
Political Change
Alterations in the governance, policies, or societal structures of a political entity, often leading to significant shifts in power dynamics.
Pro or Con Views
Refers to arguments or opinions in favor of (pro) or against (con) a particular topic, policy, or idea.
Availability Heuristic
A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
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