Business Finance Homework Help

1. To what degree do the policies, practices, and reward systems implemented by Welch at GE reflect the expectancy theory of motivation? Be specific with regards to Expectancy, Instrumentality, and Valence.

2. To what degree do the policies, practices, and reward systems implemented by Welch at GE reflect the job characteristics model of motivation? Be specific with regards to Skill variety, Task identity, Task significance, Autonomy, and Feedback.

3. Is the incentive (rank and yank) system an effective system for the company? (Explain)

4. What behaviors does the incentive system reinforce? Is this behavior in accordance with GE’s culture?

5. Considering GE’s current issues and position in the market, should GE go back to the incentive system implemented by Welch? Would it be effective today? (Explain)