1. Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees? Ans: Motivation may stem from personal interest such as keeping safe or from external factors such as praise and reward. Non-financial rewards: * appreciation of hard work * a sense of achievement * responsibility and empowerment * opportunity for advancement * a sense of challenge and enjoyment. 2. Describe the effects of an unmotivated workforce on a company. How
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The ABC Analysis What is it? ABC analysis‚ Pareto’s law or “80/20 rule” are all-synonymous of the same tool which basically states that 20% of a given population represents 80% of a specific characteristic. In purchasing‚ the basic ABC analysis is used to identify which segments represent most of the spend in a given category or portfolio. Most of the time‚ few segments in a portfolio constitute the largest part of the total spend. Usually‚ - The A segments represent approximately 80% of the total
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What is meant by the term Nature/ Nurture? These two terms are used to the individual behaviour in a physiological perspective. Nature is described to be the inherited characteristics individual obtains from their parents e.g. this could be hair colour. On the other hand Nurture is defined to be the influences of society are what shape the individuals characteristics. There are different opinions and views that people have on the nature verses nurture for example we inherit genes from both
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v Describe what Montessori meant by’ New Education’ Dr. Maria Montessori is the creator for the Montessori Education Method for a new world who devoted her life to improve children’s education excellence. Her educational method is widely used in schools or at home for children 3 t0 6 years old. Maria Montessori lived through one of the traumatic time eras of the world history‚ which changed everybody’s lives including children. It was the time of anxiety‚ cruelty‚ death‚ family separation and
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Describe what Montessori meant by ‘New Education’. As we know of our world today‚ there has been lots of development in technology and in its economy‚ progressed. However‚ despite all these good progresses‚ man still do not seem to be able to live in harmony‚ both with himself and the world around him. There have been two World Wars‚ which have been disastrous and still a lot of cruelty‚ warfare and poverty prevailing in the world. Man is still facing conflict and sufferings in the modern world
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A positive environment is one that supports all aspects of development‚ learning and provides ways for practitioners to extend on that‚ challenging children and promoting times for them to rest. It also means an environment where parents‚ colleagues‚ all work in partnership to actively make opportunities for children to achieve positive outcomes. Development: Physical development This is mainly about physical skills. Children need to master a lot of different types of movements as they grow
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Dr Maria Montessori dedicated and committed her life into education of the children. She has witnessed through some years with wars and conflicts and she thought; through education this can be turned into peace to this world. Since the year 1907 Montessori name has been recognized in the education system. Even though it has been over a century to this date Montessori principles are as powerful as it was. Dr Maria Montessori has relied on her actual observations on children to develop her method
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ABC Analysis What is it? There is nothing simpler than a business set up- gather capital‚ invest it with a proper business plan in mind and reap the profit! However the mechanisms involved in the second step of the process involves a lot of calculations‚ prior proper planning and formulating effective business methods. Generally if it is a small business set up the steps are simple but as the business continues to expand‚ the number of assets of the company increases and to maintain these assets
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Unit CU678 1.1 Describe what is meant by diversity and why it should be valued? Diversity can be differences in race‚ heritage‚ customs‚ belief systems‚ physical appearance‚ mental capabilities‚ etc. Diversity should be respected and valued because nobody is completely the same as anyone else. Why should these different traditions and customs be valued? They enrich a society because they allow people to experience different thinking processes‚ to see that there is more than one way of approaching
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ABSTRACT The ABC analysis is a well known and practical classification of inventory items based on the Pareto principle. The purpose of ABC analysis is to classify the inventory into different groups of A‚ B‚ or C‚ according to importance based on measure of a criterion. Traditionally‚ the classification of inventory into the A‚ B‚ or C categories have generally been based on dollar value per unit multiplied by annual usage rate‚ commonly known as dollar usage. In recent years‚ several multi criteria
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