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Question 1:
"Motivation denotes to the degree of readiness of an organism to pursue some designated goal and implies the evaluation of the nature and locus of the forces, including the degree of readiness".
Encyclopaedia of Management
(a) Explain the definition above.(b) Clearly explain Herzberg's two factor theory of motivation.(c) How far do you agree with this theory?
Question 2:
(a) Clearly differentiate between the terms ‘Training' and ‘Development'.
(b) Choose any two training methods and explain under which circumstances they are more appropriate, their advantages and disadvantages in an organisation.
What is Real GDP To be able to make reasonable comparisons of GDP over time, we must adjust for inflation. For instance, if prices are doubled over 1 year then GDP would doubl
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the circular flow of income in an governed economy
Knowing that a neoclassical, capitalist economy depends on continuous economic growth (by making its production, distribution, and consumption more efficient), what might a savvy p
You operate your own small building company and have decided to bid on a government contract to build a pedestrian walkway in a national park during the coming winter. The walkway
a) Get the latest data for each of the following variables for France in 2011: 1. Nominal GDP 2. Real GDP (Y) 3. Consumption (C) 4. Investment (I) 5. Government purchases (G)
What are the differences between perfect competition and monopoly competition? Ans) In a monopoly, you are gaining an unfair benefit over any competition because you own so many
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
Which of the following is a reason why the aggregate demand curve slopes downward? a. At a higher price level, fewer goods and services are available. b. Periods when the price lev
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