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More specifically, in small businesses; like that of Specialist Computers, the employee satisfaction is an important factor because if the employees do not feel catered or motivated they would prefer to switch or quit their job. And losing employees is a big issue for an organization that is operating in a small scale.
The processes or theories of motivation can be divided into two main categories. By applying these two theories, employees can be persuaded to work effectively which would be beneficial for the company (Oppapers, 2008):
The content theories define and argue that the employee or an organization possesses the same needs and feelings. It emphasizes on the factors that motivate an employee. The content theories basically and more specifically deal with the individual needs and aspirations of an employee. By gaining sight and understanding of one’s needs, it becomes easy for the managers or authorities to make the work place environment a better place for their co-workers and for the employees of the company.
In 1943, Maslow represented his theory of needs. According to him, it is important to identify the needs of an employee one by one, and not collectively. It means that one should try to overcome the needs one by one because when one level of need is acquired then it will no longer remain a need but will become a motivation for the employees to work. As soon as one need or level of need is managed than it is important to look for another so that it can be satisfied. For him, the level of need varies from physiological to self actualization. If we analyze his theory, the facts that come before us would be the needs that are preferred less, like the thirst or hunger should be dealt first because when these needs are fulfilled then the bigger issue will be easy to handle (Beck, 2003).
The theories of both, Aldefer and Maslow are considered to be the best among all the presented for the organizational behavioral. As these belong to
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Motivation is achieved through human resources efforts, supporting participation, autonomy and empowerment as well as personal career development. The role of HR manager is to align employee behaviours and job roles with strategic organisational goals to ensure high levels of employee performance and loyalty to the corporate identity.
(60 marks) 2. Analyze the differences you would expect to find in the ways in which a research study is reported in an academic journal article and daily newspaper. (40 marks) Part 1 There are six main sections in which research findings are typically communicated.
It is composed of evaluation, decisions, and implementation an organization carries out so as to build and maintain competitive advantages (Hunger & Wheelen, 2000). It is the task of the leader of the organization. According to Hill and Jones (2011), it concentrates on developing a strong foundation for the organization that will afterward be expanded through the concerted endeavors of the members of the organization.
To comprehend how this relates to the dabbawalah success one has to bear in mind the context of the dabbawalah industry. First of all, in Mumbai there is huge unemployment and poverty therefore people are concerned with survival and meeting their physiological and safety needs of a material nature.
This has consequently meant that organizations operating at the global scene have had to adapt to the constantly changing settings in order to continue functioning effectively. One of the areas that have seen much development is the one of the roles an organization plays in the society through terminologies such as social and corporate citizenship.
In this case, abnormal condition originates psychosis as a Greek word. Psychosis can be associated with other prior conditions such as inner (mental) conditions, general therapeutic conditions and substances, such as alcohol or drugs (Gleeson, 2004). Psychosis is treatable through medication; social support and psychological support.
These projections are then discounted back to the present by the risk-adjusted, weighted-average cost of capital. This cost of capital accounts for interest payments and/or equity returns expected by investors in the Company over the projection period.
Sophisticated investors such as VCs, institutional investors and corporate investors generally begin the valuation analysis by examining management's cash flow projections to test the underlying assumptions and business model.
Protectionism describes the control of varying economic factors by the state. A range of businessmen, economists and even politicians have voiced disagreement with the practice of governmental involvement in trade since the early 19th century.
Exchange rates therefore directly affect businesses since changes in prices can have an impact on the import and export of commodities resulting in increments and reductions in the cost of raw materials that
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