MGMT 325 Chapter Notes - Chapter 13: Edward Thorndike, Ibm 7030 Stretch
13 May 2016
School
Department
Course
Professor
Document Summary
Alderfer"s erg theory - a human needs theory postulating that people have three basic sets of needs that can operate simultaneously. Empowerment - the process of sharing power with employees, thereby enhancing their confidence in their ability to perform their jobs and their belief that they are influential contributors to the organization. Equity theory - a theory stating that people assess how fairly they have been treated according to two key factors: outcomes and inputs. Expectancy - employees" perception of the likelihood that their efforts will enable them to attain their performance goals. Expectancy theory - a theory proposing that people will behave based on their perceived likelihood that their effort will lead to a certain outcome and on how highly they value that outcome. Extinction - withdrawing or failing to provide a reinforcing consequence. Extrinsic reward - rewards given to a person by the boss, the company, or some other person.
