Review and provide feedback about the theories. Do these theories work in today's business/organizations? Why or why not.
Vroom's Expectancy Theory is geared toward motivation, especially in the work place. The theory states an individual will do what they can when they want to, (Reilly, Minnick & Baack, 2011). Vroom states there are three factors involved that affect motivation; Expectancy, Instrumentality, and Valence, (Reilly, Minnick & Baack, 2011).
Expectancy is the belief that working hard will result in a desired level of task performance being achieved.
Instrumentality is the belief that successful performance will be followed by rewards and other desirable outcomes.
Lastly, valence assigns to the possible rewards and other work-related outcomes, (Reilly, Minnick & Baack, ...
Explain how the concepts from Locke's goal setting theory can be incorporated into Vroom's expectancy theory, and if they are still acceptable in today' business. Explain how the concepts in Adams' equity theory can be incorporated into expectancy theory.