1.Which form of compensation would be most likely to motivate an employee according to Expectancy Theory? Why?2.Evaluate the effectiveness of merit pay using each of the four perspectives (Expectancy Theory, Equity Theory, Goal Setting Theory, and Psychological Empowerment). Under these theories is merit pay an effective motivator?3.Thinking of equity theory, what should a manager do to make sure that lump-sum bonuses and recognition awards are effective motivators?4.Per Expectancy Theory, would profit sharing be an effective motivator? Why or why not?