Table A.3 Use the Following to Answer the Questions Below

question 90

Multiple Choice

Table A.3
Use the following to answer the questions below.
In choosing between three new jobs,Joe MBA considers the potential payoffs over the next three years.The following table contains the payoffs,given the speed of promotion in each of the organizations.The probability of fast promotion is 0.6,and the probability of slow promotion is 0.4.

-Use the information in Table A.3 and the expected-value rule.Which statement is TRUE?

• A)The expected value of the consultant job is more than $300,000.
• B)The expected value of the utility analyst job is more than $300,000.
• C)The expected value of the research assistant job is less than $250,000.
• D)The job with the highest expected value is the research assistant.

Comprehend the principles of equity theory, including how perceptions of inequity can influence employee behavior.

Grasp McClelland's acquired needs theory and how it differs from other motivation theories.

Recognize the importance of job enrichment and how it relates to motivator factors.

Understand the role of expectations in Vroom's expectancy theory, including the concepts of expectancy, instrumentality, and valence.

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Definitions:

Corporate Mergers

The combination of two or more companies into a single corporate entity, with one of the companies surviving and the others ceasing to exist.

Conglomerate Merger

A business combination of two or more companies operating in entirely different industries.

Sherman Act

A landmark U.S. antitrust law passed in 1890 that prohibits monopolistic business practices and promotes fair competition.

Clayton Acts

The Clayton Acts are a series of U.S. antitrust laws enacted in 1914 intended to promote competition and prevent monopolies and unfair business practices.