1) Answer the questions below dealing with Management/Business
A) Describe the motivation process according to expectancy theory. Be sure to identify and describe the three core constructs and how they relate. Feel free also to draw a diagram if that would help in your explanations. Next, after explaining the theory in general, explain how incentive pay as a compensation strategy can act as a motivator within the framework of expectancy theory. Finally, explain how a manager’s decision to award incentive pay based on an individual team member’s performance versus overall team performance could influence an individual’s motivation through the framework of expectancy theory.
B) According to job characteristic theory (Hackman & Oldham, 1974; 1980), there are five characteristics of jobs that ultimately promote “satisfaction with the work itself.” Identify and define/describe these five characteristics. Then, describe “growth need strength” and explain how this construct may influence the relationship between the five characteristics and employees’ satisfaction with the work itself.