Saturday, February 22, 2020

McClellands Learned Needs Theory Assignment Example | Topics and Well Written Essays - 250 words

McClellands Learned Needs Theory - Assignment Example The individuals, who are achievement based, avoid both high and low risks and avoid norms for the fear of rejection at their workplace (Daft & Lane, 2008). Besides the need for the achievement, other people have a need for affiliation. This kind of people prefers to create and maintain social relationships and enjoys being a part of a particular group. They adhere to the norms in that culture, and they do not change them for the fear of rejection in their workplace. In addition, they prefer collaboration to competition and dislike high uncertainties and risks situations. This group of people works best in social areas like client interaction services and customer service. The other group of people has a need for power. In this class of person, they work to their best when they are in charge. They do well in competition hence doing well in goal orient (Daft & Lane, 2008). Employees are the most valuable resources in a company and therefore motivation is essential. Every bright idea, act of selfishness’ for the betterment of the organization, plan on money saving should be rewarded through online point system. An employee motivation increases their morale and reduces the turnover rates. To enhance employees’ motivation the management should break the monotonous of duty to reduce boredom and assign employees to challenging jobs. Secondly, in applying Maslow’s hierarchy of needs, managers do have a responsibility they meet the deficiency needs of the workers. Proper working environment should be created to develop full potential. In addition, the theory of needs requires workers to be assured of job security that lumps employees

Thursday, February 6, 2020

Not All Companies Are Viewed as Equal Assignment

Not All Companies Are Viewed as Equal - Assignment Example Various significant aspects including the role play by capitalism in corporate decision making, detailed analysis of a selected business situation and the execution of certain effective theories will also be discussed in the assignment. Nowadays, every company operating in dissimilar industries is apparently observed to be offering the products in accordance with the preferences or the choices of the customers. As an advocate, I would like to support the industries, as due to global economic pitfall; the purchasing power of the general people is getting limited, which in turn affects their profitability at large. It can be affirmed that in order to sustain in this land of free trade, industries of different scales need to produce low-cost goods for serving the customers according to their respective preferences (Frank, 2007). Evidently, the notion of capitalism is identified to play decisive roles in the context of corporate decision-making procedure. It can be apparently observed that the aspect of capitalism has risen by a considerable extent specifically in the corporate sector with the gaining momentum of free trade. This certainly affected the decision-making procedure of the corporate sector at large. Every industry desires to sustain in this competitive landscape and earn more profit. Thus, the decision-making procedure in corporate sector has certainly changed the entire business environment with the alignment of free trade. Identifiably, due to the prevalence of high competitive market, every entrepreneur has emerged with the execution of new ideas. These ideas may entail liberalizing the operational or business procedures and appropriately using the accessible resources among others (Bell & et al., 1988). The existence of varied ethical theories often advocates supporting either the consumers or the industries in the land of free trade. In the context of