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.
Answer:
$104,000
Explanation:
The computation is shown below:
= Bribe cost per each housing inspector × number of weeks in a year × number of newly built structures each week
= $1,000 × 52 weeks × 2
= $104,000
We simply multiply the three components i.e Bribe cost per each housing inspector, number of weeks in a year, and the number of newly built structures each week so that the accurate value can come.
The best speed limit for driving is a constant speed of 40 because you can stop and easier
Answer:
Option B is correct one.
The project with the greatest IRR, assuming that both projects have the same risk as the firm's average project.
Explanation:
If mutually exclusive projects are proposed that both have an IRR greater than the necessary WACC, the IRR method states that the firm should accept: <u>The project with the greatest IRR, assuming that both projects have the same risk as the firm's average project.</u>
If the mutually exclusive projects have IRR greater than the WACC and the risk of the both is same then the company should accept the project with greater IRR as per IRR methodology.
Answer:The answer is $134billion
Explanation:
Initial increase in spending = $20billion
Marginal propensity to consume = 0.85
To calculate increase in spending, we use the formula for multiplier
K = 1 / 1 - MPC
K = 1 / 1 - 0.85
K = 1/ 0.15
K = 6.66
K = 6.7 approximately
To calculate how much the spending increase
We use the formula
K = change in national income / change in government spending
6.7 = change in national income / $20 billion
We cross multiply
Change in national income = 6.7 × $20billion
Change in national income = 134billion
Therefore the total spending increase by $134billion
