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Motivational Theories

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Surname 1 Name Course Professor June 26, 2019 Theories of motivation In several enterprises, motivation plays a very important role in helping the employees achieve the enterprise’s goals as well as their personal goals. Many theories of motivation have been created to attempt to explain the relationship that exists between motivation and the employee outcomes. These theories are divided into two main groups: content theories and process theories. The content theories focus on the what the needs of the employees are and what can be done in order to motivate them. The process theories major on the process of how motivation occurs in employees. The content theories include: Maslow’s hierarchy of needs, McClelland’s theory of needs, Herzberg’s two-factor theory and Alderfer’s ERG theory. The process theories include: Skinner’s reinforcement theory, Adam’s equity theory, Vroom’s expectancy theory and Locke’s goal-setting theory (Badubi, 2017). Maslow’s hierarchy of needs was created by Abraham Maslow in 1943. It is one of the first theories of motivation. According to this theory, human needs are divided into 5 main categories: physiological needs (most basic), safety and security, belongingness and love, selfesteem and self-actualization (most significant) (Badubi, 2017). Maslow states that human needs are divided according to priority and humans attain the urge to achieve them in depending on their importance. Therefore, satisfaction and motivation depend on ...
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OverviewSuccessful entrepreneurs understand all aspects of business, especially costs and costing systems. In the course project, you will assume the role of the owner of a small business and apply managerial accounting principles to evaluate and manage costs related to your services within a costing system. In the first milestone of the project, you will determine and classify the costs necessary for opening your business.ScenarioYou plan to open a business manufacturing collars, leashes, and harnesses for pets. To begin, you will manufacture these in a standard style and size with plans to expand your range over the year. In a few weeks, you will present your company’s financial strategy to some key investors. To begin creating your strategy, you need to consider and record all the costs associated with operating your business. You have decided to use the job order costing system.PromptUse the given operational costs in the Milestone One Operational Costs Data Appendix document to complete the first two tabs, “Cost Classification” and “Variable and Fixed Costs,” in the Project Workbook.Specifically, you must address the following rubric criteria:Cost Classification. Accurately classify all your costs in the “Cost Classification” tab of your workbook.Identify direct material, direct labor, overhead, and period costs. (Note: Fixed and variable costs have been classified for you.)Variable and Fixed Costs. Complete the “Variable and Fixed Costs” tab of your workbook. (Note: Some costs are provided for you. Fill in only the missing costs.)Determine your total variable cost per unit and the total fixed costs for each product. Show your work using calculations to the side of the table or using appropriate formulas in the table.Guidelines for SubmissionSubmit the Project Workbook with the “Cost Classification” and “Fixed and Variable Costs” tabs completed. This file should be completed and submitted using Microsoft Excel.

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Post question

total marketing effort

Total marketing effort is a term used to describe the critical decision factors that affect demand. Let the variable x re ...

total marketing effort

Total marketing effort is a term used to describe the critical decision factors that affect demand. Let the variable x represent total marketing effort. Variable x contains 10 values. A typical Demand model that is used to predict demand, D, as a function of total marketing effort is: D = a*x^b Parameter a is given and is positive. Different demand model forms result from varying the values of parameter b. • Calculate the Demand for each combination of x, a and b in the 10 by 5 array. • Be careful to use absolute cell references where needed.

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