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Define motivation.

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 Concept of Motivation The term motivation is derived from the Latin word movere which means "to move". In simple words, it is the will to work. Hence, motivation may be defined as the set of forces that leads people to behave in a particular way. It is the most difficult factor to manage. The performance of an employee is a function of his abilities and motivation. Motivation is basically a psychological process. It is one of the most complex and important concepts or functions of managers.

Explain Maslow's need hierarchy theory and herzberg's two theory of motivation,

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(According to syllabus book) NEED HIERARCHY THEORY Need hierarchy theory is developed by well-known psychologist Abraham Maslow in 1943 A.D. This theory is based on human needs. Maslow classified the human needs into a hierarchical form ranging from lower to higher order. In essence, he believed that only unsatisfied needs motivate the people. Further, only after fulfilling a given level of needs is satisfied, higher level of new needs will be emerged. Employees can be motivated for the new needs to fulfill. Assumptions of the Need hierarchy theory People seek growth. Needs move up in the hierarchical form. A satisfied need is not a motivator. A need that is unsatisfied activates seeking behavior.  If a lower level need is satisfied, a higher level emerges.  Adult motives are complex. Such need motives influence the behavior of person.  Higher level needs can be satisfied in many ways than can the lower level needs. No two subsequent levels of needs emerge in the person. Maslow's n

Explain Critical Evaluation of Maslow's Need Hierarchy Theory.

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 Critical Evaluation of Maslow's Need Hierarchy Theory As the hierarchy theory is the first formal study in motivation, it has made valuable contribution in the field of motivation. But, there are number of comments made by various researchers. Some of the critical comments are listed below: The needs may or may not follow a definite hierarchical order. So, to say, there may be overlapping in need in hierarchical order. But Maslow's basic assumption is that at a time only one level of needs emerges. The need priority model may not be equally applicable at all times in all the organization and places. Socio-economic, geo-political, culture and family structure, etc. are the factors which may differ the need priority. This is neglected by Maslow.  Behavior of the employees at different times may be guided by multiple factors. Hence, Maslow's proposition that one level of needs is satisfied at one time may also be doubtfully valid.  In few people, the level of motivation may b

Define Business ethics . Explain its significance.

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Business ethics   Business ethics are moral principles that guide the way a business behaves, wrong Acting in an ethical way involves distinguishing between right and then making the right choice. Business ethics are applied or professional ethics. They may take the form of actions within written and unwritten codes of principles, and values and are determined by an organization's culture. They largely govern the decisions in the organization. However, determining what practices are ethical or not is more difficult since the lines between ethical and unethical can become blurred. The following are some of the notable definitions of business ethics Decenzo & Robbins Ethics commonly refers to a set of rules or principles that defined right and wrong conduct. Ricky W. Griffin Ethics is an individual's personal beliefs about whether a behavior, action o decision is right or wrong. Managerial ethics are the standard of behavior the guides individual managers in their work. Clara

Describe different types of modern organizational structres.

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 MODERN ORGANIZATIONAL STRUCTURES Traditional organizational structures are less flexible because of which organizations fail to adapt in changing environments. The less flexible and more permanent nature of the organization structure increases the financial liability of the organization. Thus, organizational structures are modernized with greater flexibility and multiple responsibilities. Following modern organizational structures are common in practice: 1. Work team organization structure A team is a collection of people having complementary skills. The team concept is taken as important means of organizing work activities. It breaks down the departmental barriers and decentralized the decision-making authority to the level of work teams. Teams are formed at operating levels to improve productivity and enhance the performance of employees. Autonomous teams are effective to reduce stress and promote an environment of innovation and creativity. Problem-solving teams, self-managed teams

What is decentralization of authority? Explain the pros and cons of decentralization of authority.

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    Concept of Decentralization Decentralization may be defined as the dispersion (distribution) of functions and powers from a central authority to regional and local authorities. Under it, the decision-making authority is delegated to lower levels. It distributes authority and responsibility to different levels of an organization. It is particularly effective where important knowledge is dispersed throughout the organization and responsiveness to the changing needs of different customer segments is important. Some of the major definitions of decentralization are given below. Koontz and Weihrich" Decentralization is the tendency to disperse decision-making authority in an organized structure. Louis A. Allen"  Decentralization is the systematic and consistent delegation of authority to the level where the work is performed. Dale S. Beach " Decentralization means placing the authority and decision-making power as close as possible to the level at which the work is done. I

Discuss the fundamental principles of organization that are essential for effective functioning of the organization.

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  P RINCIPLES OF ORGANIZING Principles are guidelines that are formulated with the findings of a series of tests and practices. Management experts have propounded a number of principle guidelines for designing the organizational structure. Some basic principles of organizing are described below: 1. Principle of unity of objectives:   This principle states that the goals and objectives of the entire organization must be clearly defined and be the same for all the departments and units. This means that the objectives of departments and units should not contradict the goals and objectives of the organization. Objectives of all the departments and units must be directed to achieve organizational goals. This helps utilize the organizational resources to the maximum extent in the direction of attaining organizational goals. 2 Principle of specialization:   This principle states that responsibility to the employee should be assigned on the basis of their interest, qualification, knowledge, sk