According to the expectancy theory, the employee is likely to see the "effort-performance" relationship as weak and demotivating.
<h3>What is expectancy theory?</h3>
According to expectancy theory, people are more motivated to work hard if they believe their efforts will be noticed and rewarded.
The importance of expectancy theory are-
- When applied correctly, expectation theory can aid managers in understanding why people choose between various behavioural options.
- Managers should implement mechanisms that closely link rewards to performance to improve the relationship between effort and results.
- It is based on an individual's self-interest, who desires to maximize enjoyment and reduce dissatisfaction.
- This philosophy places a strong emphasis on perception and expectations, saying that reality is irrelevant. It places a focus on benefits or payoffs.
According to the Expectancy Value Theory (Vroom, 1964), two things affect why a person chooses to engage in a particular activity or action:
- Expectancy is the likelihood that a desired (instrumental) outcome will be attained as a result of the behaviour or activity.
- Value is the degree to which the individual appreciates the intended outcome.
To know more about the Expectancy Value Theory, here
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Answer:
$36,000 and $30,000
Explanation:
Corrugated company deals in the production of cardboard boxes
The expected production for each month is 40,000 units
The direct material cost is $0.30 per unit
The manufacturing fixed overhead costs are $24,000 for each month
Therefore, the flexible budget for the production of 40,000 units and 20,000 units can be calculated as follows
Flexible budget for 40,000 units
= 0.30×40,000+24,000
= 12,000+24,000
= $36,000
Flexible budget for 20,000 units
= 0.30×20,000+24,000
= 6,000+24,000
= $30,000
Hence the flexible budget for 40,000 units and 20,000 units are $36,000 and $30,000 respectively
Answer:
1/4
Explanation:
MPC = dC/dY
dC is the change in consumption
dY is the change in demand for goods and services.
MPC = 15/60 = 1/4
If allowance is made for crowding out, the new estimate will be larger.
Denmark is a good example of a nation-state because nearly all Danes speak D.anish and live in Denmark.
<h3>What is
nation-state?</h3>
Basically, a nation-state refers to sovereignty or state that is ruled in the name of a community of citizens that identify themselves as a nation.
Generally, the main component of a nation-state is presence of only one culture and language.
Therefore, the Option A is correct.
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