Which of the following best defines Theory Y?

Theory Y, developed by Douglas McGregor, presents a more optimistic view of human motivation compared to its counterpart, Theory X. This theory posits that employees are not inherently dissatisfied with work; rather, they can be self-motivated and eager to take on responsibilities. According to Theory Y, individuals find satisfaction in their work and are more likely to seek out challenges and responsibilities if given the right conditions in their workplace.

This perspective encourages a work environment where employees are empowered and engaged, fostering motivation through intrinsic rewards such as personal growth, achievement, and autonomy.

In contrast, the other definitions do not align with the principles of Theory Y. The claim that employees dislike work and need supervision reflects the assumptions of Theory X, which assumes a more negative view of workers. Proposing that employees prefer control over their tasks suggests a need for stringent oversight, which contradicts the Theory Y viewpoint that advocates for participative management. Finally, stating that financial incentives are required for motivation implies that employees are only motivated by external factors, whereas Theory Y emphasizes intrinsic motivation and personal fulfillment in work.