Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Let us assume that you are an owner of a large daycare center in the Central Texas area. There are about 2,000 kids in the

Let us assume that you are an owner of a large daycare center in the Central Texas area. There are about 2,000 kids in the center, and you employ about 400 daycare teachers. Your daycare center is the top choice among parents because you are well known for providing quality service for a low price. To appreciate the hard work of daycare teachers and motivate them to work harder, you are planning to implement the Employee of the Year Award. However, since your competitive advantage is providing the service at a lower price, you do not want the prize to be costly. Describe your plan for the award and evaluate the award from the Expectancy Theory perspective.

1) Describe your plan. Make sure that you provide answers to the following questions. What will be the prize? What will be the selection criteria for the award winner? How many winners? Keep in mind that you do not want the cost of the prize to be too high.

2) Evaluate the award program from the Expectancy Theory perspective. Evaluate the program using all three factors (valence, instrumentality, and expectancy) in the theory. Be clear about valence, instrumentality, and expectancy factors in your evaluation. Were these factors high or low, and did the award motivate the teachers or not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Electronic Media Management

Authors: Peter Pringle, Michael F Starr

5th Edition

024080872X, 978-0240808727

More Books

Students also viewed these General Management questions

Question

=+Dec. 9. Received the regular cash dividend of $0.60 per share.

Answered: 1 week ago