Exam (elaborations)
MHA 702 SPECIAL TOPICS FOR EXAM 5 QUESTIONS AND ANSWERS
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MHA 702 SPECIAL TOPICS FOR EXAM 5 QUESTIONS AND ANSWERS
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Name: Score:20 Multiple choice questions
Term 1 of 20
What type of workers receive minimum wage?
the need for retraining and taxes that were taken out of employees paychecks.
motivation= valence x expectancy x instrumentality. In other words, all three variables
must have significant positive value to motivate the chosen performance.
Most are female 20+y/o and are part time or in food service industry
factories, office staff, and banking/financial services.
Term 2 of 20
What are Maslow's hierarchy of needs?
increase earnings (duh). An increase in aggregate demand- more economical spending.
Reduced inequality- lessen the gap between the lowest earners and the highest. Reduce
employee turnover- higher wages may increase chances of an employee staying at the
job longer.
Self-actualization, need for esteem, social needs, safety needs, and physiologic needs.
Assumes people were quite simple but actually brought about the realization that a
person can exist on multiple levels of need in different situations.
motivation= valence x expectancy x instrumentality. In other words, all three variables
must have significant positive value to motivate the chosen performance.
dependent upon the amount of rewards the person achieves. Each person may value the
same award differently. Satisfaction is the right amount of the reward and Dissatisfaction
is the the reward falling short of expectation.
,Term 3 of 20
What type of impacts will AI/Robotics have on jobs?
Most are female 20+y/o and are part time or in food service industry
the need for retraining and taxes that were taken out of employees paychecks.
factories, office staff, and banking/financial services.
the lowest wage that an employer can legally pay to workers. Started at $0.25 and is now
$7.25 (raised 22 times in between).
Term 4 of 20
What is the key difference between L&P and Vroom take on the theory?
30% of tasks are completed by machines and the other 70% by human workers. But in 5
years they are estimating it will be an even 50/50. Automation will supplant about 85M
jobs in 2025 but potentially create 97M new jobs.
L&P showed effort/motivation does not lead directly to performance, but that
performance is mediated/modified by one's abilities, personality and person's
perceptions.
the lowest wage that an employer can legally pay to workers. Started at $0.25 and is now
$7.25 (raised 22 times in between).
Companies are fast tracking AI/Robotics because the new technologies are projected to
slash costs, enhance productivity and be less reliant on real-life people.
Term 5 of 20
What is the minimum wage?
New Zealand was the first to enact minimum wage laws in 1894. The US followed many
years later in 1938 with the passage of FLSA.
the lowest wage that an employer can legally pay to workers. Started at $0.25 and is now
$7.25 (raised 22 times in between).
motivation= valence x expectancy x instrumentality. In other words, all three variables
must have significant positive value to motivate the chosen performance.
L&P showed effort/motivation does not lead directly to performance, but that
performance is mediated/modified by one's abilities, personality and person's
perceptions.
, Term 6 of 20
How could the recent covid pandemic effect the speed of adoption of AI/Robotics?
L&P showed effort/motivation does not lead directly to performance, but that
performance is mediated/modified by one's abilities, personality and person's
perceptions.
motivation= valence x expectancy x instrumentality. In other words, all three variables
must have significant positive value to motivate the chosen performance.
Companies are fast tracking AI/Robotics because the new technologies are projected to
slash costs, enhance productivity and be less reliant on real-life people.
30% of tasks are completed by machines and the other 70% by human workers. But in 5
years they are estimating it will be an even 50/50. Automation will supplant about 85M
jobs in 2025 but potentially create 97M new jobs.
Term 7 of 20
What is Vroom's motivation level equation?
New Zealand was the first to enact minimum wage laws in 1894. The US followed many
years later in 1938 with the passage of FLSA.
L&P showed effort/motivation does not lead directly to performance, but that
performance is mediated/modified by one's abilities, personality and person's
perceptions.
the lowest wage that an employer can legally pay to workers. Started at $0.25 and is now
$7.25 (raised 22 times in between).
motivation= valence x expectancy x instrumentality. In other words, all three variables
must have significant positive value to motivate the chosen performance.
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