Jesse Manso 9/16/2014 Tues/Thurs 10:50 BUS101 Assignment on Economic Indicators 1.) Housing starts lowest in months Housing starts are the number of new residential construction projects that are being done at a given time. When housing starts are particularly low it could mean bad news for the economy and also for both large and small businesses. If houses are not being built‚ people are not spending money on the initial construction. If there’s not construction‚ there are no jobs being
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The increase in the evolving demographics are showing that India is going to remain as a nation which contributes the largest workforce within the next decades. The main dividend of India’s population is the young group of people. This factor gives india the required potential to become the global hub and also a huge consumer and producer for goods and services all over the world.Although India has a huge amount of working-age group of population it is not being enough for it to keep up its economic
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1 MEANING OF MOTIVATION Motivation has been variously defined by scholars‚ usually one or more of these words are include in the definition: desires‚ wants‚ aims‚ goals‚ drims‚ motives and incentives. “Motivation” is a Latin word‚ meaning “to move”. Human motives are internalized goals within individuals. As Berelson and Steiver state: “A motive is an inner state that energizes‚ activates or moves and directs or channels behaviour toward goals”. Definition of motivation “According
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studies have established a very close link between the two and concluded that it does exist (Denison 1990; Gordon & DiTomaso 1992; Kotter & Heskett; Petty et al. 1995; Wilderom & Vanden Berg.) Variety of definitions have been used to define “Organisation Culture” In simple words it maybe well defined as the customs‚ behaviours and artifacts that the members of society use to communicate with the world from one another and is transmitted to one another through the mode of culture. The surroundings
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Abstract Motivational theory is an important part of a business education for professional today. Though it stems from psychology‚ motivation deals with people‚ as does management. This paper will cover basic employee motivations and offer suggestions for motivating employees. What motivates employees and what part dies motivation play in today ’s workforce? Some people believe they are obligated to do their best at their job simply because that is what is expected of them. On the other hand‚ there
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including but not limited to values‚ beliefs‚ and norms‚ that ties together members of that society or group and that drives action and behavior.” Five of the major factors that influence the culture of Djibouti are: geographic location and environment‚ religion and language‚ military presence‚ people‚ and government. Each factor has significant contributions to the overall culture‚ creating a unique and growingly important country at the horn of Africa. Djibouti (previously known as French Somaliland)
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p.71). Maslow’s (1943) hierarchy was identified as eight steps but was broken down to 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
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Managed Essay To what extent do you agree that financial remuneration is the key motivating factor for employees? Z 04/09/2014 One of the reasons why most people work is that they want to live‚ thus they need money‚ which can also be
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Why is employee motivation important? The answer to "Why is employee motivation important?" is because in today’s down economy‚ it’s more important than ever to have a motivated workforce. That’s because a motivated employee is a productive employee. And a productive employee is a more profitable employee. See how that works? When people aren’t motivated‚ they become less productive‚ less creative‚ less of an asset to your company. Now more than ever‚ we need motivated employees! Then‚ obviously
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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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