MGTS1601 Study Guide - Final Guide: Equity Theory, Expectancy Theory, Business Ethics

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Final sample questions 2: provide definition of motivation, then define and describe in detail two key theories: (1) equity theory and (2) expectancy theory. Additionally, using examples, explain how each of these theories could be applied in a work setting to increase employee"s motivation. Motivation individual intensity, direction and persistence of effort towards achieving a goal. 3 key elements intensity, direction and persistence. Early theories: maslow hierarchy of needs, theory x, y x: employees dislike work, y: employees like work, herzberg"s two-factor theory intrinsic factors = motivation, extrinsic factors = dissatisfaction. It can be unequal, under- rewarded or over-rewarded: expectancy theory the tendency to acts depends on the attractiveness of the output. Employees put more effort when they believe it will lead to a reward or to satisfy its personal goals: firstly, provide a definition of business ethics and explain why managers need to be aware of it.

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