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Equity Theory of Motivation

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

[cite] Back To: LEADERSHIP What is Equity Theory? Pursuant to Equity theory, individuals are motivated by being treated fairly. Perceptions of fairness is generally a result of social comparison. That is, we compare our efforts (inputs) and the results of our effort...

Procedural Justice and Interactional Justice

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

[cite] Back To: LEADERSHIP What is Procedural and Interactional Justice? Equity theory is a distributive justice theory. Distributive justice concert the extent to which output is fair with regard to inputs as compared to others. Other types of fairness include:...

Expectancy Theory of Motivation

by TheBusinessProfessor | Feb 23, 2025 | Management, Leadership, & Organizational Behavior

[cite] Back To: LEADERSHIP What is Expectancy Theory? Expectancy theory was proposed by Victor Vroom in the 1960s. This theory states that individual motivation with regard to the amount of effort expended is a result of a rational calculation. There is a link between...

Types of Business Strategy

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY What are the Types of Business Strategy? There are generally 3 Types of Business Strategies: Organizational (Corporate) Strategy – A corporate-level strategy focuses on high-level decisions that affect the market in which the...

Strategic Management

by TheBusinessProfessor | Feb 23, 2025 | Strategy, Entrepreneurship, & Innovation

[cite] Back To: BUSINESS STRATEGY What is Management Strategy? Strategy is the process by which one achieves her objectives. Strategic management is the process employed by a company (through its managers) to achieve its identified goals and objectives. More...
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