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- What do profit-sharing plans, stock options, and gain-sharing plans all have in common? They are systems that reward for results rather than behaviors. They are systems that reward for behaviors rather than results. They are nonmonetary and noneconomic in nature. They are not effective in motivating performance.Theories of motivation are fundamental in understanding what drives human behavior and decision-making. One of the most prominent theories is Maslow's Hierarchy of Needs, which posits that individuals are motivated by a hierarchical set of needs, starting with physiological needs such as food and shelter, and progressing to higher-level needs like self-esteem and self-actualization. Another influential theory is Herzberg's Two-Factor Theory, which distinguishes between hygiene factors (job-related factors that can cause dissatisfaction if missing) and motivators (factors that lead to satisfaction and increased work motivation). These theories, along with others like Expectancy Theory and Self- Determination Theory, offer different perspectives on why people act the way they do, shedding light on the intricate interplay of internal and external factors that shape human motivation. Question: Which theory of motivation do you find most applicable or compelling in understanding your own…In your own opinion, explain the phrase “money is important but it is not the essence of motivation”.
- Keeping employees motivated and happy is a key to success for many of the world’s top companies, including fast food chains like Taco Bell. From GED prep to educational support to college scholarships, Taco Bell helps its employees achieve their goals in all sorts of ways. While this level of support might seem strange for a fast food chain, the company recognizes that today’s workers tend to demand more from their employers. Besides collecting a paycheck, young employees also want to develop a healthy balance between their work lives and personal lives. That’s why Taco Bell provides both full- and part-time staffers with access to educational resources from their first day forward. For instance, the company fully funds an all-inclusive, start-to-finish GED program specially designed for its employees. Along with receiving unlimited access to study materials and practice tests, the program also provides students with advisers who guide them through every step of the process. For those…How can motivational theory help in business? (in your own words) What is the difference between short-term marketing and long-term marketing goals? What makes good teamwork?Employee motivation currently seems to be explained by the expectancy principle.
- How might a company that isn’t in a “fun” industry usethe motivational techniques that Blizzard uses?Motivation can be described as the driving force within individuals that impels them to action. a) Explain the Model of Motivation Process; b) Identify and discuss different types of needs; c) identify and describe different Types of Perceived Risk.Think of aspects of your job activities that you enjoy doing. Discuss the types of jobs they would enjoy doing and how managers could leverage your intrinsic motivation to keep you satisfied and performing at a high level?
- He designed the theory on motivation that people need to achieve a specific set of needs before moving to the next level of the hierarchy.NewtonDeweyMaslowDescartesProduce a detailed Maslow's motivational strategy for an organization that addresses intrinsic and extrinsic motivation.Imagine you want to motivate your customers to buy your products. Use the techniques from each of theories below and explain the strategies you can use to motivate and promote to yor target market. Theories of motivation: 1)Arousal Theory 2) Humanistic Theory