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KengaRu [80]
3 years ago
13

Rick is a machine operator in a plastic manufacturing company. He believes that if he performs better, he will receive more ince

ntives. In the context of expectancy theory of motivation, this scenario best illustrates the factor of _____.
Business
1 answer:
Gennadij [26K]3 years ago
4 0

Instrumentality.

Since Rick believes that working hard will result in better incentives and his attitude towards these incentives is not known, we can say that in the context of expectancy theory of motivation, that this scenario best reflects the factor of <u>instrumentality</u>.

Vroom's expectancy theory of motivation attempts to explain that people choose to perform certain actions over other in a manner that aims to maximize pleasure and reduce pain to lowest possible extent.

There are three factors that affect motivation : expectancy, instrumentality and valence.

Expectancy : refers to the belief of working harder with the expectation of attaining the goals set within an organization.

Instrumentality : refers to the belief that one will be rewarded if certain goals are met. These rewards may take the form of increased wages, recognition, increased incentives etc.

Valence: refers to the value attached by the worker to the reward that has been attained.

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The average ticket price for a concert at the opera house was ​$50. The average attendance was 2500. When the ticket price was r
Ber [7]

Answer:

The price per ticket should be $37.5

Explanation:

First we need to determine the change in demand (attendance) as a result of every $1 increase in the price of ticket.

The ticket price increased by $4 (from 50 to 54) and the demand fell by 400 (from 2500 to 2100). The change per dollar is,  400 / 4 = 100.

So, for every $1 increase in price, demand falls by 100.

The revenue is calculated by multiplying price by quantity demanded. Revenue equation will be,

Let x be the change in price from $50.

Revenue = (50 + x)  * (2500 - 100x)

Revenue = 125000 - 5000x + 2500x - 100x²

Revenue = 125000 - 2500x - 100x²

To calculate the price that maximizes the revenue, we need to take the derivative of this equation.

d/dx = 0 - 1 * 2500x° - 2 * 100x

0 = -2500  -  200x

2500 = -200x

2500 / -200 = x

-12.5 = x

Price should be 50 - 12.5 = 37.5

At price $37.5 the revenue of the Opera House is maximized.

6 0
3 years ago
Under the gold standard, what occurs when Japan has a trade surplus? Multiple Choice The prices of commodities will be low in th
Olin [163]

Answer:

There will be a net flow of gold from the United States to Japan

Explanation:

A trade surplus represents a net inflow of domestic currency from foreign markets. It is the opposite of a trade deficit, which represents a net outflow, and occurs when the result of the above calculation is negative.

7 0
2 years ago
Which of the following are steps in the planning process of an organization? (Check all that apply.) Multiple select question. F
vovangra [49]

The steps in the planning process of an organization include:

  • A. Formulating strategies to achieve the goals.
  • B. Determining the organization's mission and goals.
  • D. Selecting the most effective way to implement the organizational strategy.

<h3>What is planning?</h3>

Planning is a management function that ensures the achievement of organizational efficiency and effectiveness.

Planning usually takes place at three levels of the organization, including:

  • Functional
  • Business
  • Corporate levels.

Thus, the steps in the planning process of an organization include Options A, B, and D.

Learn more about the planning function at brainly.com/question/3504046

#SPJ12

5 0
1 year ago
4. Each year, Holly's Best Salad Dressing, Inc. (HBSD) purchases 50,000 gallons of extra virgin olive oil. Ordering costs are $1
Norma-Jean [14]

Answer:

HBSD should take the discount because it will

lead to as savings of  $1,120.00  

Explanation:

step 1

<em>Determine the the inventory cost of EOQ</em>

EOQ =√ (2× Co× D)/Ch

= √(2× 100× 50,000)/ 80% × $0.50

= 5,000 units

Inventory cost = Purchase cost + Ordering cost + carrying cost

                                                                     $

Purchase cost = 50,000 × $0.50   =   25,000.00

Ordering cost   = (50,000/5000)× 100  = 1,000

carrying cost  =  (5000/2) × $0.50 × 80% = <u>1,000</u>

Total cost                                                   <u>27,000.</u>

Step 2

<em>Determine the inventory cost for order of 10,000 gallons</em>

Order of 10,000 gallons

Purchase cost = $(0.50-0.03) × 50,000      = 23,500.

Ordering cost = (50,000/10,000) × 100   =          500

Carrying cost = (10000/2) × $(0.50-0.03)× 80%  =<u>1880</u>

Total cost                                                          <u>   25,880.</u>

Step 3

<em>Compare the cost under the two options</em>

HBSD should take the discount because it will

lead to as savings of  $1,120.00   i.e (927,000 - 25,880.)

                   

6 0
3 years ago
A company produces a cardboard box in the shape of a cube. The surface area of the box is represented by S=6x2, where x is the e
nydimaria [60]

Answer:

x = \sqrt{\frac{S}{6} }  or ( \frac{S}{6} )^{\frac{1}{2} }

Explanation:

The cardboard box is in the shape of a cube. The surface area of the box is given by:

S = 6x^{2}

To find the inverse, we have to solve for x. To solve for x means we will make x the subject of the equation above

Divide both the right and left hand side by 6, we have:

6x^{2} ÷ 6 = S ÷ 6 ⇒ x^{2} = \frac{S}{6}

x^{2} = \frac{S}{6}

Take the square root for both the right and left hand side, we have:

\sqrt{x^{2} } = \sqrt{\frac{S}{6}} ⇒ x =  \sqrt{\frac{S}{6}}

x = \sqrt{\frac{S}{6} }  or  ( \frac{S}{6} )^{\frac{1}{2} }

Therefore, x is equivalent to the square root of (S/6)

7 0
3 years ago
Read 2 more answers
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