people in business

Question 1

Q
what is motivation
A
reason why people work hard or urge to work hard

Question 2

2
Q
list all motivation theories and explain them
A
F.W. TAYLOR worker want money

MASLOW HEIRACHY OF NEEDS a pyramid showing the different types of needs and how some are more important than others

HERZBERG Humans have two sets of needs:
Basic human needs (called ‘Hygiene’)
To be able to grow physiologically (called ‘Motivator’ needs)
3

Question 3

Q
payment rates and explain
A
Wages
Wage is a payment given weekly

Time Rate (payment per hour, i.e. 10$/hour)
Paid according to number of hours worked

Piece Rate
Workers are paid depending on the quantity of products made

Salaries
Paid monthly

Commission
Given to sales staff

Share ownership
Shares of a company are given out to employees

Bonus
A lump sum amount of money is given to workers who have done a good job

Profit sharing4

Question 4

Q
non financial rewards
A
Company Car
Discounts of products
Health Care
Children’s school paid for
House is paid for
Free trips abroad (holidays)

Question 5

5
Q
give both hygeine and motivator factors
A
Company Car
Discounts of products
Health Care
Children’s school paid for
House is paid for
Free trips abroad (holidays)