AFM280 Chapter Notes - Chapter 7: Goal Setting

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM280
• Professor: D'arcy Delamere

Document Summary

Motivation: a set of energetic forces that determine the direction, intensity, and persistence of an employee"s work effort. Engagement: a widely used term in contemporary workplaces that has different meanings depending on the context; most often refers to motivation, but can refer to affective commitment. Expectancy theory: a theory that describes the cognitive process employees go through to make choices among different voluntary responses. Expectancy: the belief that exerting a high level of effort will result in successful performance on some task. Self-efficacy: the belief that a person has the capabilities needed to perform the behaviors required on some task. Instrumentality: the belief that successful performance will result in some outcome or outcomes. Valence: the anticipated value of the outcome(s) associated with successful performance. Needs: groupings or clusters of outcomes viewed as having critical psychological or physiological consequences. Maslow"s five needs: existence: physiological and safety, relatedness: love and belongingness, control: autonomy and responsibility, esteem: self-regard and growth, meaning: self-actualization.