marks ) ANSWER FOR Q2. Definition Of Motivation Motivation is defined as the incentive that is given for inspiration to accomplish something. Motivation can persuade someone to think a certain way or a drive that moves them to do a certain thing.Definitions of motivation abound. One thing these definitions have in common is the inclusion of words such as "desire"‚ "want"‚ "wishes"‚"aim"‚"goals"‚ "needs"‚ and" incentives". Luthan (1998) defines motivation as‚ "a process that starts with a physiological
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studies Module name : international business management module Teacher : Ian Norman student Name : Mokbul Hossain Student Id : 000762547 Question: As a management consultant advising a country of your choice‚ explain how u can use Porter ’s Diamond model to evaluate and improve the nation ’s competitive position. Introduction Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are
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Motivation is any internal or external process‚ which is involved in prompting and terminating behaviour. All our instinctive responses are reflexes‚ whereas all our intended activities involve motivation. But one’s motivation cannot be observed directly. It is inferred from the behaviour of the being.Motivation is a driving state; it is also a behaviour encouragement state within the individual. Motivation directs the behaviour towards a goal. It is thus an inner everlasting condition of the being
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INDIVIDUAL ASSIGNMENT QUESTION 1 COMPARISON BETWEEN MASLOW’S THEORY OF MOTIVATION AND SKINNER’S REINFORCEMENT THEORY AND THEIR RELEVANCY AND APPLICABILITY TO THE SA WORKPLACE Introduction In this question one tries to understand the concept of motivation as studied from distinct theories of Maslow and Skinner with their relevancy and applicability in Organisations particularly for SA workplace. The concept of motivation‚ generally mean or entails a voluntary force of inspiration within
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Introduction to Business Chaminade University of Honolulu Date (May 3April 17‚ 2013 Motivation Motivation plays a key role in the daily lives of most people. A well-motivated individual will be more attentive‚ efficient‚ hardworking‚ and happy. So what leads a person to be motivated? How can one obtain motivation? Maintain it? How is having a personal drive‚ or goals motivators for you in the work place or private life? When we look at what drives
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What is motivation? Motivation is generally defined as the force that compels us to action. It drives us to work hard and pushes us to succeed. Motivation influences our behavior and our ability to accomplish goals. There are many different forms of motivation. Each one influences behavior in its own unique way. No single type of motivation works for everyone. People’s personalities vary and so accordingly does the type of motivation‚ that is most effective at inspiring their conduct. Types
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I. Rivalry: In the traditional economic model‚ competition among rival firms drives profits to zero. But competition is not perfect and firms are not unsophisticated passive price takers. Rather‚ firms strive for a competitive advantage over their rivals. The intensity of rivalry among firms is very large in case of jewelry business. There are a lot of big brands and even small small jewelers are present in the market. II. Threat Of Substitutes In Porter’s model‚ substitute products refer
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Motivation in Individual Prepared by: LOURDES MARIAN P. PEŇALOSA Chapter Objectives • Characterize the nature of motivation‚ including its importance and basic historical perspectives • Describe the need-based perspectives on motivation. • Explain the major process-based perspectives on motivation. • Describe learning-based perspectives on motivation. The Nature of Motivation • Motivation – The set of forces that leads people to behave in a particular way. • The Importance of Motivation – Job
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Porter’s Five Forces Analysis for the Pharmaceutical Industry Degree of rivalry among existing firms (HIGH) Pharmaceutical industry is one of the most competitive industries in the country with as many as 10‚000 different players fighting for the same pie. The rivalry in the industry can be gauged from the fact that the top player in the country has only 6% market share‚ and the top five players together have about 20% market share. Thus‚ the concentration ratio for this industry is very low. High
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Porter’s Analysis February 10‚ 2013 MGT 210-001 Barriers to Entry Depending on the individual’s financial situation‚ it could be very difficult to open a “Great Steak and Potato Company” restaurant. One needs a total capital investment of approximately $180‚000 to $250‚000 which would include the initial franchise fee of $30‚000‚ royalty fee of 6%‚ and $5000 renewal fee during the 10 year term of agreement. One would also need $100‚000 to $125‚000 liquid capital for the initial startup and
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