Case study at BI Norwegian Business School - Case 1: The Procter & Gamble Company: Mexico 1991- Exam code and name: GRA 6544 – Multinational Corporate Finance Hand out date: 11.09.2012 Hand in date: 25.09.2012 Study place: BI Oslo Table of Contents Abstract: ii 1. Mexican economic conditions 1 a. Change in Mexican economic and political conditions during the 1970s and 1980s 1 b. Mexico’s economic and political climate in 1991 2 2. Financing options 2 3
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1) Various managerial techniques used to motivate people Motivation is the act of stimulating someone or oneself to get a desired course of action‚ to push the right button to get a desired result. Motivation has been shown to have roots in physiological‚ behavioral‚ cognitive‚ and social areas. Various managerial techniques used to motivate people A) Monetary or financial incentives Monetary incentives are offered in terms of money. Such incentives provide more cash or
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the text book‚ motivation refers to a psychological process that gives behavior purpose and direction. Managers attempt to motivate individuals to pursue organizational objectives willingly and persistently and be loyal to the organization. According BusinessDictionary.com motivation is Internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job‚ role or subject‚ or to make an effort to attain a goal. Motivation results from the
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Activity 5 Topic 6: Motivation and rewards In this topic you have covered an important theory of motivation called Expectancy Theory. Let’s apply this theory to your university study‚ specifically the upcoming essay assessment. There are three expectancy factors that will affect your motivation to succeed: * Expectancy is your belief that working hard on your essay will result in the production of a good quality piece of work (i.e. a least a high pass or credit although more able students
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LLC ISSN: 0364-3107 print/1544-4376 online DOI: 10.1080/03643100902769160 Administration in Social Work‚ Vol. 33‚ No. 2‚ February 2009: pp. 0–0 1544-4376 0364-3107 WASW Work Motivation and Leadership in Social Work Management: A Review of Theories and Related Studies ELIZABETH A. FISHER E. A. Fisher Motivation and Leadership in Social Work Administration Department of Social Work‚ Shippensburg University‚ Shippensburg‚ Pennsylvania‚ USA Social work managers are confronted with the
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study Many researchers and authors have defined the concept of motivation. It has been defined as: * The psychological process that gives behavior purpose and direction (Kreitner‚ 1995) * A predisposition to behave in a purposive manner to achieve specific‚ unmet needs (Buford‚ Bedeian‚ & Lindner‚ 1995) * An internal drive to satisfy an unsatisfied need (Higgins‚ 1994) * The will to achieve (Bedeian‚ 1993). Motivation is defined as the inner force that drives individuals to accomplish
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CASE ANALYSIS “Leadership‚ Innovation and Change at Procter and Gamble” Procter and Gamble has capitalized on innovation and creativity to lead the consumer and household product industry. This paper will explore some strengths and weaknesses‚ as well as opportunities and threats that Procter and Gamble had utilized to sustain its success and competitiveness. This case study will also explore some characteristics of innovative organizations and why they have chosen to be innovative. I. Situation
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1 Theories of Motivation Motivation is regarded as one of the most important areas of study in the field of organizational behavior (Cadwallader‚ S. K. 2003). In a general way‚ the term motivation theory is concerned with the processes that describe how and why human behavior is directed and activated. How to improve and enhance the industry or company is based on how to motivate employees‚ which is an effective method to increase competitive businesses’ advantage and extend their value (Rahman
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Motivation Every Individual has specific goal to achieve. These goals are only achievable if the individual is enthusiastic about the goal. One of the most key factors that lead one to their goals is the drive. This drive is also known as Motivation‚ a process that starts with a physiological or psychological need to do an aimed task or it can be said as the reason for doing something. Though motivation is essential in our life it cannot be purchased like we purchase other necessities. But luckily
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five‚ with highest needs at the top and lowest needs at the bottom (Mullins‚ 2010). Each stage has a set of needs that motivates employees. Managers should understand how to motivate their employees‚ consequently improving productivity rates and employee wellbeing. There are a small range rewards and outcomes that have the capability of satisfying more than one need. For example promotion‚ bonuses and benefits which can be applied to all levels of Maslow’s (1943) hierarchy of needs (Mullins‚ 2010)
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