Which of the following theories states that the belief held by people that they are not being treated fairly has a negative effect on their job performance?
A. Motivation theory
B. Goal-setting theory
C. Expectancy theory
D. Equity theory
Answer: D
You might also like to view...
All of the following are typically in the current file except:
A. lead schedules. B. chart of accounts. C. copies of the audit report. D. adjusting journal entries.
Discuss the most effective ways to use text messaging in business
What will be an ideal response?
Two barriers to discovering vocation are ______.
A. forgetfulness and avoidance B. anger and pride C. ambition and avoidance D. time pressures and lack of guidance
Marvel Bank & Trust operates in a very competitive marketplace, using a traditional labor-hour-based system to determine the cost of processing its mortgage loans. Recently, the firm explored a switch to activity-based costing to determine the wisdom of its previous ways. The following information is available:ActivityCostDriveDriver UnitsApplication processing $900,000 Applications4,000Loan underwriting 800,000 Underwriting hours16,000Loan closure 880,000 Legal hours8,000Total$2,580,000??Two loan applications, among many others, were originated and closed during the year. No. 7439 consumed 3.5 hours in loan underwriting and 1.5 hours in loan closure, for a total of 5.0 hours. No. 7809 also required 5.0 hours of time, subdivided as follows: 2.0 hours in loan
underwriting and 3.0 hours in loan closure.Required: A. Use an activity-based-costing system and determine the cost of processing, underwriting, and closing the two loan applications.B. Determine the cost of processing the two loans if Marvel uses the traditional labor-hour-based system. Conversations with management found that, on average, each application took nine labor hours of processing time, excluding underwriting and closure.C. Is Marvel making a mistake by continuing to use a traditional system that is based on an average labor cost per hour? Why? What will be an ideal response?