1. (Monthly compounding) If you bought a $1‚000 face value CD that matured in nine months‚ and which was advertised as paying 9% annual interest‚ compounded monthly‚ how much would you receive when you cashed in your CD at maturity? PV 1000 Annual interest Rate 0.09 r 0.0075 n 9 1069.560839 Amount at Maturity: $1‚069.56 2. (Annualizing a monthly
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An understanding of the psychological theories of motivation allows one to critically analyse a total rewards approach. Motivation is seen as an important notion in psychology. Psychologically people have their own interior motivations‚ such as love‚ happiness and self-worth and they are also motivated by things outside themselves that for some reasons may cause them to take action. It is the process by which we behave the way we do and direct and make us persevere in our efforts to accomplish
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Gawel‚ Joseph E. (1997). Herzberg ’s theory of motivation and maslow ’s hierarchy of needs. Practical Assessment‚ Research & Evaluation‚ 5(11). Retrieved September 19‚ 2008 from http://PAREonline.net/getvn.asp?v=5&n=11 . This paper has been viewed 245‚512 times since 11/13/1999. Herzberg ’s theory of motivation and Maslow ’s hierarchy of needs Joseph E. Gawel‚ The Catholic University of America Among various behavioral theories long generally believed and embraced by American business are
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Session 4 (Motivation) Motivation in an organizational context is the processes that account for an individual’s intensity (how hard the person tries)‚ direction (the orientation that benefits the organization)‚ and persistence of effort (how long a person can maintain his/her effort) toward attaining a goal. 1. Maslow’s Hierarch of Needs Theory – hypothesized that every human being has needs (shown in the form of a pyramid) that need to be satisfied at each level before moving upward to the
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There are many different theories when it comes to motivating people. One theory by Frederick Winslow Taylor (1856 – 1917) put forward the idea that workers are motivated mainly by pay. His Theory was that workers do not naturally enjoy work and so they would need close supervision and control. Elton Mayo (1880 – 1949) believed that workers are not just concerned with money but could be better motivated by having their social needs met at work. Mayo introduced the Human Relation School of thought
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MOTIVATION Concept of Motivation: Motivation is a psychological concept which acts as a force that propels a person to act or not to act in a certain way. Robert D. Irwin defines motivation as “Motivation means a process of stimulating people to action to accomplish a desired goal”. A manager needs to coordinate several factors of production and these factors can be classified into non human and human factors. The efficiency of non human factors such as material‚ machine‚ etc depends on the technology
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Motivation (Week 2) Reflection: I’ve never thought motivation as so important to the tourism before the moment I saw the relative details that have been reflected to the screen during the lecture. In my own words‚ motivation is some sort of power that lead you to move. It reminds me a scenario‚ when we saw the amazing facilities of Dream World on the YouTube during the break of class‚ they just can’t wait to jump into the roller coaster. And this sort of power of motivation finally led us to
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Affect/Motivation concept. 2. Psychology of is an imposed and scholarly area that studies both human mind and behavior. Research in psychology seeks to understand and interpret the way we think‚ act and feel. Requests of psychology shall include the mental health treatment; improve performance‚ self-help‚ ergonomics and many other areas which affect health and everyday life. [By Kendra Cherry‚ About.com Guide‚ http://psychology.about.com/od/psychology101/f/psychfaq.htm] The Motivation it is
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| 6. | | | Hearing music and listening to music are much the same thing. | | | Student Response | Value | Correct Answer | Feedback | 1. | true | 0% | | | 2. | false | 100% | | | | Score: | 0.72/0.72 | | | 7. | | | The best procedure to studying/listening to a musical work in this course is | | | Student Response | Value | Correct Answer | Feedback | 1. | listen while studying another subject‚ listen with Listening Guide‚ and then listen
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Motivation 1. How does Herzberg’s Two-Factor Theory explain how companies are attracting and retaining Gen Y employees? Herzberg’s two-factor theory identifies job context as the source of job dissatisfaction and job content as the source of job satisfaction. Hygiene factor in the job context are sources of job dissatisfaction. Motivator factors in the job content are sources of job satisfaction. In this theory‚ job satisfaction and job dissatisfaction are separate dimensions in the two-factor
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