Recession 16Specifically‚ Freund (2009) defines global downturns as years when world real GDP growth is (1) below 2 percent‚ (2) more than 1.5 percentage points below the previous five-year average‚ and (3) at its minimum relative to the previous two years and the following two years. 1975‚ 1982‚ 1991‚ 2001‚ and 2008 Freund (2009) describes the evolution of world trade following four previous global downturns. She finds that the size of the decline in world trade during these episodes is
Premium Subprime mortgage crisis Recession Financial crisis
What is Motivation? –A state of mind‚ desire‚ energy or interest that translates into action“ A strong behavioral component –It leads to action –Managers can influence motivation –It is a key to performance Importance of Motivation Motivation impacts PERFORMANCE Performance = Ability x Motivation x Opportunity –Ability – what a person can do: a competence & skill –Motivation – interest in doing something include Internal motivation; External motivation –Opportunity – the set-up‚
Premium Management Strategic management Customer service
Current Great Recession (2009-2011) The Great Recession in the United States began in December 2007 and went on for year and a half. Over that period‚ U.S. genuine GDP fell by 4.7 for every penny‚ making the subsidence the longest and most profound since the Great Depression (Blinder & Zandi‚ 2010). U.S. private venture dove by nearly 60 for every penny from its crest in the final quarter of 2005 to its trough in mid-2011; as an offer of GDP‚ it dropped from 6.3 for each penny in the final quarter
Premium Economics Unemployment Inflation
Suggestions for Motivating the Employees [pic]Recognize individual differences [pic]Match people to jobs [pic]Use goals [pic]Individualize rewards [pic]Link rewards to performance [pic]Check the system for equity [pic]Don’t ignore money. The Satisfaction-Dissatisfaction Continum under the Traditional View and the Two-Factor Model Means of Motivation Experience suggests that some specialised teachniques to motivate can be used as follows:
Premium Motivation
managers face challenge in making employees perform his or her task efficiently. Employee satisfaction is utmost important in successful completion of work in an organization. For job satisfaction apart from monetary value job motivation is important. Each person has different motivation for working. Some people work for money‚ some work for recognition and some may work since they have passion towards they do. However whatever be the personal causes for job motivation may be the bottom line fact is
Premium Employment
given task which is measured against pre-set known standards. Why Motivation? Why is it so important for this statement Motivation What Is Motivation Motivation is simply defined “as the processes that account for an individual’s intensity‚ direction and persistence of effort towards attaining a goal” (Robbins and Judge 2007‚ p. 186) Types of Motivation Intrinsic Motivation “Intrinsic motivation refers to the motivation that comes from the performance of an activity for no apparent reinforcement
Premium Motivation
10/12/2009 Student Name: | Niall Byrne | | Corporate Social Responsibility In A Recession | Table of contents Introduction 3 Brief overview of CSR......................................................................................................3 CSR is an unnecessary expense 3 Reasons for continuing CSR 5 What exactly does CSR improve about business Strategy 6 Is there a happy middle ground 8 Conclusion 9 Reference list:...................................
Premium Corporate social responsibility Management Strategic management
Table below represent US trade balance with China over years (2007-2011): Years Export 2007 62‚936‚891‚576 2008 69‚732‚837‚543 2009 69‚496‚678‚611 2010 91‚880‚613‚079 2011 103‚939‚433‚941 Years Import 2007 321‚442‚866‚934 2008 337‚772‚627‚823 2009 296‚373‚883‚488 2010 364‚943‚854‚151 2011 399‚361‚922‚088 Years Trade balance with China (millions of dollars) 2007 -258‚505‚975‚358 2008 -268‚039‚790‚280 2009 -226‚877‚204‚877 2010 -273‚063‚241‚072 2011 -295‚422‚488‚147 China
Premium Great Depression Monetary policy Federal Reserve System
Melissa Green MOTIVATING AND REWARDING EMPLOYEES The processes of motivating employees is one of the most important functions of management. One of the biggest challenges faced by managers is getting employees to do what they are supposed to do (Lane & Rierdan‚ 2001). For some people‚ the rewards that employees receive from the organization are motivation enough for them to work their hardest. However‚ no two people are the same and what serves as motivation for one employee‚ could possibly be perceived
Premium Motivation
Rules for monitoring employees in professional and ethical manners Privacy in the workplace is one of the most professional concerns in today’s society. Due to the escalation in cyberloafing and lawsuits in workplaces‚ employee monitoring has become more prevalent. Nevertheless privacy issues cannot be effectively addressed; deprived of considering the ethics and ethical manners. Employee monitoring has risen up concerns to our society and workplaces such as – business & accounting organizations
Premium Ethics Business ethics Employment