Hi what are some of the similarities and differences between the Equity theory and Realistic Conflict theory in general and specifically in terms of resources, compensation, c…ompetition, etc.? Thank you (MORE)
The difference between these theories is that the Equity theory basically states that you get from a relationship what you put in to it and the social exchange theory is about… getting everything you can from a relationship with out giving back. (MORE)
expectancy theory is about the mental processes regarding choice or choosing.it explains the processes that an individual undergoes to make choices.in organizational behaviour… study expentancy theory is a motivation theory first proposed by victor vroom of the yale school of management (MORE)
Victor Vroom (1932-) developed the expectancy theory, which suggests expectancy is the perceived probability that a certain effort or performance will result in the achievemen…t of a particular goal. (MORE)
According to this theory, people are motivated only if they expect a desired outcome or reward. The key idea here is: What is in it for me? The desired outcome here has two co…mponents: Objectives will be met with this effort, and the performers will be rewarded. .
Trivia : This theory works almost all the time. If as the manager, you can understand what your team needs (like promotion, better roles, onsite opportunities etc) you can motivate them to work better in return for the rewards they expect. It's a win-win situation. You get good results and your team gets what they want.. (MORE)
An equity theory is that which it is believed people obtain job satisfaction and further motivation by comparing their work related load and their salary against that of other…s in similar firms or positions. (MORE)
An example of where the expectancy theory can be found is motivation within a department at a shop, giving workers a pay increase if sales targets are met. Even if their targe…t is impossible to reach, they will still have high motivation to hit the target. (MORE)