Final answer:
Vroom's expectancy theory focuses on the relationship between effort and performance, and suggests that individuals are motivated by a combination of expected outcomes. It does not state that individuals are motivated solely by financial rewards.
Step-by-step explanation:
Vroom's expectancy theory is a motivation theory that focuses on the relationship between effort and performance and suggests that individuals are motivated to perform when they believe their effort will lead to a specific outcome. However, it does not state that individuals are motivated solely by financial rewards. Instead, Vroom's theory emphasizes that people are motivated by a combination of expected outcomes, including intrinsic rewards like personal growth and sense of accomplishment, as well as extrinsic rewards such as recognition and advancement opportunities.