Ruth’s Chris: ‘The High Stakes of International Expansion’ Defining the Issues As a newly publically traded company‚ Ruth’s Chris was responsible for the development of a new business strategy to focus their efforts on revenue growth in order to meet shareholders expectations. By maintaining continued growth in established restaurant locations‚ this strategy needed to concentrate on building equity capital by planning/executing an international expansion to increase profitability of
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Motivation Why is the study of different theories of motivation important to managers? (References provided as numbers wherever needed and referenced at the end of the essay) Introduction A couple of decades ago‚ the topic of motivation were just another term in the books of managers trying to implement behavioural techniques on their employees. Give perks‚ give monetary benefits‚ performance rewards and employees are bound to be motivated – as simple as that. But gradually as the years passed
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1.0 INTRODUCTION Motivation refers to “the reasons underlying behavior” (Guay et al.‚ 2010‚). Paraphrasing Gredler‚ Broussard and Garrison (2004) broadly define motivation as “the attribute that moves us to do or not to do something” (p. 106). Intrinsic motivation is motivation that is animated by personal enjoyment‚ interest‚ or pleasure. As Deci et al. (1999) observe‚ “Intrinsic motivation energizes and sustains activities through the spontaneous satisfactions inherent in effective volitional
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TABLE OF CONTENTS 1. THEORIES OF MOTIVATION 2 1.1. INTRODUCTION 2 1.2 WHAT IS MOTIVATION? 2 1.3 DEFINING MOTIVATION 3 2.0. PROCESS OF MOTIVATION 4 2.1 MOTIVATING DIFFERENT PEOPLE IN DIFFERENT WAYS 6 2.2 DIFFERENCE BETWEEN MOTIVATION‚ SATISFACTION‚ INSPIRATION AND MANIPULATION 6 3.0 THEORIES OF MOTIVATION AND ITS IMPLICATIONS TO TANZANIA WORKING ORGANIZATIONS. 7 3.1. ABRAHAM MASLOW’S “NEED HIERARCHY THEORY”: 7 3.2. APPLYING MASLOW’S NEEDS HIERARCHY – BUSINESS
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Portfolio assignment 1: Motivation theories There are many theories about motivation from different aspects that study some phenomenon in working circumstances such as the arousal or energizing of the organism and the direction of behavior. (Vroom‚ 1984‚ p.8) Just like many important concepts in psychology‚ there is no single universally accepted definition of motivation. Arnold (2005‚ P.309) considered that “Motivation concerns what drives a person’s choice of what to do‚ and how long they keep
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motivational theories you are aware of. The word motivation according to Richard Romando is gotten from the Latin phrase "movere"‚ which means to move. Motivation is defined as an inner drive that activates performance and gives it direction. The term motivation theory is concerned with the process that explains why and how human behaviour is stimulated and directed. It is considered as one of the most significant areas of learning in the field of organizational behaviour. Motivation according to
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Theories of Motivation 1. Instinct Theory The assumption of the theory is that there is an innate biological force causing an organism to act in a certain way. These “forces” are perceived to be automatic‚ involuntary‚ and unlearned behavior patterns or reflexive behaviors that are elicited when certain stimuli are present. 2. Homeostatic Theories The assumptions of the homeostatic theory are that organisms attempt to maintain homeostasis‚ the balance of physiological state or equilibrium
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Motivation Theories Mc Gregor Theory X and Theory Y Mc Gregor outlined two sets of theories and he labelled them theory X and theory Y. Theory X and Theory Y offer different perspectives on how to best motivate employees as a manager. Your management style is strongly influenced by your beliefs and assumptions about what motivates members of your team: If you believe that team members dislike work‚ you will tend towards an authoritarian style of management (Theory X); On the other hand‚ if
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Motivation Theory Introduction In this competitive market it is easy to replicate products‚ but cannot replicate motivated employees. The important factor to achieve success in the business is that the manager should have the ability to understand and motivate their employees. Since every individual employee is different from others so it can be challenging to understand each employee’s need and to apply the right motivational theory. Maslow’s Hierarchy of Needs Abraham Maslow’s theory is focused
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Motivation: Motivation is derived from Latin word mover which means “to move” motivation is the process that account for an individual’s intensity direction and persistence of efforts toward attaining a goal. While general motivation is concerned with effort to word any goal we will narrow the focus to organizational goals in order to reflect our singular interest in work related behavior. The three key elements in our definition are intensity direction and persistence intensity is concerned
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