Definition. The definition of international business focuses on transactions. The use of this term recognizes that doing business internationally is an activity‚ not merely a passive observation. Closely linked to activity is the term “satisfaction.” It is crucial that the participants in international business are satisfied. Only if they feel they are better off after the transaction than they were before‚ will individual business transactions develop into a business relationship. IMPERATIVE
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1.0 INTRODUCTION 1.1 BACKGROUND Fiamma Holding Berhad (Fiamma) commenced its operations in a shop house in Johor Bharu in 1979‚ under Fiamma Sdn. Bhd‚ the first company of Fiamma Group. With only a stuff of five‚ the company marketed and distributed its own house brand of electrical home appliances in Malaysia under the name of ELBA & FABER. Despite is humble beginnings and small workforce‚ the company was big on ideas and growth plans. Within a short time‚ Fiamma expanded its activities
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Factors Affecting Employee Motivation—What Management Needs To Know Abstract Employee motivation plays a critical role in employee performance and productivity. There are many factors that can affect this motivation‚ both positively and negatively. The purpose of this paper is to explain in detail the underlined factors that affect motivation and to through research provide evidence that will support my belief in how more effective employees are if they have the right motivation to perform. Also
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Employee Motivation and Organizational Behavior What is Organizational Behavior? Organizational behavior can be defined as the systematic study of the behavior and attitudes of both individuals and groups within organizations Understanding how individuals and groups within organizations act and react with each other in everyday situations can be key to helping managers become more effective both in directing their own activities‚ the activities of their subordinates‚ and in working with others
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Employee Motivation‚ Recognition‚ and Rewards u06a1 Adriane L Thompson athompson74@capellauniversity.edu BUS 3004 Developing a Business Perspective February 20‚ 2011 Introduction This paper will address why employee motivation‚ recognition and rewards keeps employees working effectively and efficiently. Employee motivation is very important to a company’s production and quality of work‚ It is important for management and companies to recognize employees’ hard work and have an incentive
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ijcrb.webs.com INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS A STUDY ON THE IMPACT OF REWARDS ON EMPLOYEE MOTIVATION IN THE TELECOMMUNICATION SECTOR OF PAKISTAN Farheen B. Zaidi 1‚ Zahra Abbas 2 JULY 2011 VOL 3‚ NO 3 Abstract A good reward system is necessary to motivate the employees of an organization. This study was conducted in order to investigate the impact of rewards on the motivational level of employees of telecommunication sector of Pakistan. The impact of
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the level of motivation among its employees to whom its success can be accredited to‚ without a doubt. Motivation is must for the employees‚ because it converts ability to work into will to work or in other words contributes to high level of performance. Presence of effective motivational policies in the company leads to job satisfaction and consequent benefits of higher commitment and loyalty. Keeping in mind the growing attrition rates and the employee dissatisfaction
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ANSWER FOR QUESTION 1 CASE 1 EMPLOYEE MOTIVATION IN A GOVERNMENT ORGANIZATION" Q1. Discuss the long-term relevance of motivational techniques used by Baheti in the light of prevailing environment in the organization. ANS: Some of the most successful managers and executives have achieved their objectives by aligning the aims of their employees with those of their organization. Once an employee is able to understand‚ and empathize with the overall aims of the organization‚ they are
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system to be effective‚ it must encompass both sources of motivation. Studies have found that among employees surveyed‚ money was not the most important motivator‚ and in some instances managers have found money to have a de-motivating or negative effect on employees. This research paper addresses the definition of rewards in the work environment context‚ the importance of rewarding employees for their job performance‚ motivators to employee performance such as extrinsic and intrinsic rewards‚ Herzberg’s
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Motivation is nothing but an effort by the managers to help people focus their minds and capabilities on doing their work as effectively and efficiently as possible. Trust is another key to motivate people to perform at their best. Effective interpersonal communication also helps to develop an environment that motivates employees. If the employees are aware what the expectations of the managers are they can perform their jobs more effectively. A truly motivating environment is one where employees
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