MHA 702 EXAM 3 STUDY GUIDE 2026/2027 ACCURATE QUESTIONS WITH CORRECT DETAILED SOLUTIONS || 100% GUARANTEED PASS NEWEST VERSION

MHA 702 EXAM 3 STUDY GUIDE 2026/2027 ACCURATE QUESTIONS WITH CORRECT DETAILED SOLUTIONS || 100% GUARANTEED PASS NEWEST VERSION 1. Succession planning - ANSWER -useful for managerial positions (CEO, COO etc) -prepares single designated successor -proactive approach to ensuring continuity of leadership 2. Career planning - ANSWER -succession plans for middle managers -focuses on many particular individuals -prepares several candidates for a position 3. Senior organization leaders - ANSWER Expected to retire over 5 to 10 years 4. Organizations without succession plans - ANSWER Uneasiness is intensified and negatively affect performance Leaving development of future leaders to chance 5. CEO is responsible for - ANSWER Initiating succession planning 6. Organizations with succession plans - ANSWER More likely to have smoother leadership transition 7. Board of directors is responsible for - ANSWER Appointing a successor 8. Succession planning should begin - ANSWER 4 years prior to CEO leaving 9. HR responsibility - ANSWER Managing succession planning process 10. Succession planning saves organizations - ANSWER -Money -Executive search fees eliminated -Maintains leadership continuity when inside person is promoted 11. Grooming an internal person - ANSWER -key element of for-profit succession planning 12. Hiring outside of an organization - ANSWER -requires 6-12 months before financial performance regains the level that existed prior to replacement 13. 5 principles to succession planning - ANSWER -board driven, collaborative process -governing boards 2 or 3 most important task* -communicate openly between board and ceo -agreements made must be communicated to succeeding board leadership and must be honored -governing board has final say 14. Valence - ANSWER The value or benefit level one places on a particular reward (goal) 15. Expectancy - ANSWER Belief that giving the right amount of effort will produce the desired output (performance level) 16. Instrumentality - ANSWER The belief that achieving the desired output (performance level) will result in the expected reward (goal) 17. Vroom's equation - ANSWER Motivation= valence x expectancy x instrumentality All three valuables must a positive value to motivate chosen performance 18. Lawlers expectancy theory - ANSWER Build on vrooms Cognitive theory Effort or motivation does not lead directly to performance Performance is mediated by one's abilities, personality traits and a persons perceptions Effort Performance Satisfaction Two types of rewards 19. Effort - ANSWER Refers to amount of energy an employee exerts on a given task Amount of effort employee will exert on a task is determined by value an employee assigns to the reward yees perception of effort results in reward probability 20. Performance - ANSWER -Effort leads to performance -Not a linear relationship -Amount of performance determined by amount of labor energy and the ability and role perception of employee -If employee possesses less ability and/or has inaccurate role perception, his/her performance may be low in spite of his putting in significant effort 21. These theories propound that people actually think about (even connive and plot) their behaviors in great depth and far into the future. - ANSWER vrooms expectancy theory and porter and lawlers expectancy theory 22. Vroom stated that people will be motivated to exert a high level of effort when they believe ____. - ANSWER significant relationships exist between the effort they put forth, the performance they achieve, and the outcomes/ rewards they will receive 23. the cognitive theories said that the link between behavior and expected rewards must be palpable in order to - ANSWER achieve action 24. The value or benefit level one places on a particular reward (goal). - ANSWER valence 25. The belief that giving the right amount of effort will produce the desired output (performance level). - ANSWER expectancy 26. The belief that achieving the desired output (performance level) will result in the expected reward (goal). - ANSWER instrumentality 27. vroom said motivation was equal to ______; all three variables must have significantly positive value to motivate the chosen performance - ANSWER valence x expectancy x instrumentality 28. If any one of the variables is too low, it will ____. - ANSWER markedly decrease the possibility of adequately motivating performance 29. Also, note that the valence or value people place on various rewards varies from ___. - ANSWER person to person 30. lawler and porter hoped to improve on vrooms theory with key difference is that they showed that effort or motivation does not - ANSWER lead directly to performance 31. said that performance is mediated by ones abilities, personality traits, and perceptions - ANSWER lawler and porter 32. L & P believe that ultimately, performance leads to satisfaction, but the path is - ANSWER quite complex 33. Effort refers to the amount of energy an employee exerts on a given task. The amount of effort an employee will exert on a task is determined by two factors: - ANSWER the value the employee assigns to the reward and employee's perception of effort-results-in-reward probability 34. Effort leads to ____. However, this is not a linear relationship - ANSWER performance 35. the amount of performance is determined by - ANSWER the amount of labor (energy) and the ability and role perception of the employee 36. if the employee possesses less ability and/or has an inaccurate role perception, his/her performance may be low in spite of his putting in ____. - ANSWER significant effort