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What do you mean by morale?
Morale:
The word morale usually has an implication of group reactions which is what motivation does to the particular; it does to the work group. It is an individual attitude within a group endeavour and a group attitude in the direction of the objectives of an organization. Most high morale is the confident strength of entire-hearted cooperation into a common effort.
An automobile manufacturer observes the demand for its brand increasing as per capita income increases. Sales increases also follow low interest rates, which ease credit conditions
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