1.4.4 Motivation

Question 1

why is motivation important for a business?

Answer 1

Motivation is key for a business because it drives the business and determines where a business goes. Motivation can increase productivity therefor employees can get more done

Question 2

what are some financial motives for staff?

Answer 2

profit share, performance-related pay, pay-per-piece, shares, bonuses

Question 3

what are some non-financial motives for satff?

Answer 3

flexible working, job rotation, team working

Question 4

what makes someone an entrpreneur?

Answer 4

an entrepreneur is someone who takes the risk in starting a business.

Question 5

What are the roles of an entrepreneur?

Answer 5

takes risks and spots business opportunities

Question 6

what is intrapreneurship?

Answer 6

when someone within the business creating or discovering new business opportunities.

Question 7

what are the barriers to intrapreneurship?

Answer 7

lack of ideas, finance, support, lack of motivation