BASIC CONCEPT OF EXPENTANCY THEORY
Performance Related Beliefs
- 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.
T/F and Explain: Based on figure 5.1, entrepreneurs are high in creativity and innovation
and low in general management skills, business know-how and networks.
FALSE Entrepreneurs are HIGH in general management skills, busine
ENTREPRENUERSHIP DISCUSSION QUESTIONS
1. Contrast a small business and an entrepreneurial venture.
Small business has fewer than 100 employees, is independently owned and operated its not
dominated in its field and not characterize by many innovative prac
PERSONNEL MANAGEMENT QUIZ
T/F and Explain: Most small business ventures are high in innovation and low in risk
because most entrepreneurs have novel ideas which are difficult to imitate. Refer to
figure 5.2 to respond.
FALSE- Most small business venture
ii Forces that energize, direct, and sustain a persons efforts.
ii Motivating for Performance practical and effective techniques for
Increasing peoples efforts and performance.
vv Managers must motivate people to:
ii join the
Strategic Control System supports managers in evaluating the orgs progress with its
strategy and, when problems occurs, take corrective action
A Budget (key aspect of strategic plan)
-to monitor & control major financial expendi
The New Team Environment
Team- a small number of people with complementary skills who are committed
to a common purpose, set of performance goals, and approach for which they hold
themselves mutually accountable
Organizations have different types
-The general goal of Quality of Work Life programs is to
provide socialization opportunities.
improve working conditions.
satisfy the full range of employee needs*
-Low need for affiliation and moderate to high need for
ENTREPRENEURSHP Quiz 2
1. A description of the good or service, an assessment of the opportunity, an assessment of the
entrepreneur, specification of activities, and resources needed to translate the idea into a viable
business, and the source(s) of capit
Managing Employees Needs
Second Type of Motivation Theory
Content Theories indicates the kinds of need that people want to satisfy
> Maslows Hierarchy
> Alderfers ERG Theory
> McClellands needs
Maslows need hierarchy
-A conception of human needs organizi