Explain how far money is the main motivating factor at work, Business Management

Assignment Help:

QUESTION 1

According to the instrumentality theory of motivation, money is the main motivating factor at work. This can explain the existence of performance related pay in many organisations today. However, the instrumentality theory has been criticised on several grounds. Using Maslow's hierarchy of needs, explain how far money is the main motivating factor at work

QUESTION 2

An organization has decided to buy several computers in order to enhance performance in an organization. Given that there are different brands and alternatives on the market, the manager has to make a decision among the different brands. In addition, the manager has some budgetary constraints. Explain how the manager can use the rational decision making process in order to identify the best decision for the organization in this particular situation


Related Discussions:- Explain how far money is the main motivating factor at work

What are the steps in developing a product, What are the steps in developin...

What are the steps in developing a product? The various steps included within developing a product are as follows: 1. Acquire New Ideas through initiating, adaptation, throu

Carrying cost, Also known as the loading cost or the storage cost carryi...

Also known as the loading cost or the storage cost carrying cost represents the cost that is associated with storing an item in inventory. It is proportional to the amoun

Causes of factors contributes to accidents in organization, Accidents  are ...

Accidents  are  usually the  results  of a combination of  factors each one of which  may very  from  situation. An  accident  does no have  a single cause but  multiplicity  of ca

#SWOT, Rate, from best to worst, each of the sources you indicate in Questi...

Rate, from best to worst, each of the sources you indicate in Question 1 above as being sources you will use in your analysis in terms of its probable reliability. Discuss the ste

Purchasing and supply management, steps in the process of evaluating the pu...

steps in the process of evaluating the purchasing and supply

Define the term sustainable development, Question: (a) Define the term ...

Question: (a) Define the term sustainable development (b) What is environmental sustainability (c) What are the different steps involved in the development of an EIA for

Conduct a force-field analysis, Enacting change is difficult. The forces th...

Enacting change is difficult. The forces that create the need for change often bump up against equally powerful forces of resistance. Think of an organization with which you are fa

Describe breaking geographic business barriers, Q. Describe Breaking Geogra...

Q. Describe Breaking Geographic Business Barriers? Several companies today operate from several locations and have customers or suppliers at distant locations and do business i

Discuss the rationale for technical analysis, Question 1: (a) With the ...

Question 1: (a) With the use of a diagram describe what is meant by indirect investing. (b) What are mutual funds? (c) The total market value of all stocks of Dodo Investmen

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd