economic entity assumption An accounting principle/guideline that allows the accountant to keep the sole proprietor’s business transactions separate from the owner’s personal transactions even though a sole proprietorship is not legally separate from the owner. monetary unit assumption The monetary unit assumption is that in the long run‚ the dollar is stable—it does not lose its purchasing power. This assumption allows the accountant to add the cost of a parcel of land purchased in 2006 to the
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operands of curiosity and exploration are motivational drivers. Motivation can be defined as the arousal‚ direction and persistence of behavior. (Franken‚ 1994) Motivation is an internal state or condition that activates behavior giving direction towards one’s desire or want. The motivational drive is a basic or instinctive need associated in the effort of behavior directed towards a goal-oriented cause. Curiosity is central to motivation for exploratory behavior. Curiosity has been referred as a
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Employees Motivation Outline: 1. Definition 2. Importance of Motivation 3. Types of Motivation 4. Motivation Techniques 5. Advantages of Motivation 6. Disadvantages of Motivation Definition: Employee motivation is a reflection of the level of energy‚ commitment‚ and creativity that a company’s workers bring to their jobs. Why is employee motivation important? The fact is employee motivation is directly linked to business profits‚ and the more self-motivated your
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Teamwork and Motivation Vanita Johnson BUS 520 Dr. Kimberly Millier July 19‚ 2013 Assignment 3: Teamwork and Motivation Due Week 7 and worth 200 points Imagine that you are the owner of a small manufacturing company. Your company manufactures a commodity‚ widgets. Your widget is a clone of a nationally known widget. Your company’s widget‚ WooWoo‚ is less expensive and more readily available than the nationally known brand. Presently‚ the sales are high; however
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It is very important to keep your staff motivated. There are various ways of doing this‚ but sometimes a simple quote posted on the board or talked about at line ups can help. Below is a list of quotes that I like. “The secret of getting ahead is getting started” Mark Twain “We are what we repeatedly do. Excellence‚ then‚ is not an act‚ but a habit.” Aristotle “It is hard to fail‚ but it worse never to have tried to succeed.” Theodore Roosevelt “The only man who never makes mistakes is the man
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who work in the organization. Human Resource Management is the organizational function that deals with issues related to people such as compensation‚ hiring‚ performance management‚ organization development‚ safety‚ wellness‚ benefits‚ employee motivation‚ communication‚ administration‚ and training. This is the reason why HR managers in some multinational companies are called people managers or people enablers and the process is called people management. The HR expert manages the relationship between
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All It Takes is for Good Men to do Nothing By Faye James B. Blankenship June 17‚ 2012 1. Would a TNA be needed in this situation? Why or why not? If yes‚ who would you need to talk to? In the case of Ms. Dillman at IMP‚ I do not think a task needs analysis is going to fix the problem nor would it have prevented it. Under normal circumstances‚ it would be a necessity to first perform one; I feel that in this case there are major underlining causes for concern‚ one being
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Workplace Motivation Employee motivation in the workplace is a major factor in helping a company to run smoothly. If employees are not motivated to perform to the best of their abilities the company could easily lose clients or take the company to the brink of bankruptcy. This paper will examine how various motivational strategies affect productivity at South Point Apartment Complex in Corpus Christi‚ Texas. The following paper will then identify and analyze the implications of applying two motivational
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2 Management and Motivation Nancy H. Shanks LEARNING OBJECTIVES By the end of this chapter the student will be able to: ■ ■ ■ ■ ■ Frame the context for understanding the concept of motivation‚ particularly who and what motivates employees; Provide an overview of the different theories of motivation; Identify extrinsic and intrinsic factors that impact motivation; Assess misconceptions about motivation; and‚ Suggest strategies to enhance employee motivation. INTRODUCTION Managers
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Motivation in the Work Place Motivation in the Work Place What is motivation? According to Kendra Cherry in her article What is Motivation?‚ it’s defined as “the process that initiates‚ guides and maintains goal-oriented behaviors” (Cherry‚ 2013). In the Essential Manager’s Manual‚ it’s defined as “the will to act” (Heller & Hindle‚ 1998). So what we need to know is what creates motivation; what happens that sparks action and greatness in the workplace? Before greatness is achieved‚ basic needs
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