According to Vroom's expectancy theory, what is the result of the equation M = E x I x V?

In Vroom's expectancy theory, the equation M = E x I x V represents motivation, where M stands for motivation, E represents expectation (the belief that effort will lead to performance), I denotes instrumentality (the belief that performance will lead to a reward), and V stands for valence (the value an individual places on the rewards). Therefore, the result of this equation is the motivation level of an individual.

The theory suggests that if any of the components—expectation, instrumentality, or valence—are low, the overall motivation will also be low, implying that an individual is less likely to exert effort if they do not believe it will lead to desired performance, rewards, or if the rewards are not valued. Hence, understanding this equation helps in comprehensively analyzing what drives motivation in a workplace or an organizational setting, elucidating how each factor contributes to an individual's overall motivation level.