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The article presents information on the expectancy theories of managerial motivation.A discussion is presented about the main lines of investigation into motivation research such as drive x habit, expectancy x valence, equity, goal, and two-factor theories and focuses on drive x habit theory and expectancy x valence theory. A discussion is presented about the theories' origins with the ancient Greek philosophy of Hedonism as well as in the work of the English Utilitarians such as Jeremy Bentham and John Stuart Mill. Details related to modern applications of such theories are presented.
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