The expectancy theory of motivation has been first developed by Victor Vroom in 1964. It attempts to explain the choice of behaviour, which individuals make in response to the motivational stimuli (Koontz & Weihrich, 2008). According to Vroom people try to achieve a goal only if they believe that the final result is worth their effort and if they understand the connection between their actions and the achievement of the final objectives. Therefore, motivation can be defined as a product of the anticipated value of the final result and the probability of achieving this result. Based on the expectancy theory, human ...
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