Motivational Theories in Business Management

True (A)

Vroom's expectancy theory

<p>salary rate</p> Signup and view all the answers

<p>Time based wage = Payment for hours worked Piece rate = Payment for each unit produced Salary = Annual income, paid monthly Vroom's expectancy theory = Behavior based on expected outcomes</p> Signup and view all the answers

<p>Job security (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Achievement, recognition, work itself, responsibility, advancement</p> Signup and view all the answers

<p>creative</p> Signup and view all the answers

<p>Food = Physical needs Job security = Safety needs Trust = Social needs Respect = Esteem needs Creative work = Self-actualisation</p> Signup and view all the answers

<p>Absence of motivators (D)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Trust, friendship</p> Signup and view all the answers

<p>Changing working conditions does not greatly affect productivity. (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Talking with workers boosts motivation.</p> Signup and view all the answers

<p>observing them perform tasks</p> Signup and view all the answers

<p>Hawthorne Effect = Increased motivation from team spirit Theory X = Autocratic leadership style Worker Participation = Involving workers in decision-making Human Resource Management = Applying the Hawthorne Effect in businesses</p> Signup and view all the answers

<p>Close supervision is necessary within an autocratic leadership style. (C)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Influencing team targets.</p> Signup and view all the answers

<p>They enjoy taking ownership of their work. (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>democratic</p> Signup and view all the answers

<p>demotivated</p> Signup and view all the answers

<p>Theory X = Workers dislike work and need supervision Theory Y = Workers find work fulfilling and take responsibility Democratic = Involves staff input and discussion Autocratic = Highly directive and top-down approach</p> Signup and view all the answers

<p>Time-consuming processes (A)</p> Signup and view all the answers

<p>True (A)</p> Signup and view all the answers

<p>Training and experience of workforce, amount of time available for discussion, attitude of management, culture of firm, importance of issues</p> Signup and view all the answers

<p>Enhances targeted marketing strategies (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Behavioral data</p> Signup and view all the answers

<p>cost</p> Signup and view all the answers

<p>Targeted Marketing = Reduces wasted advertisement costs Social Media Analysis = Gathers insights on customer emotions Online Surveys = Convenient for customers Cost-Effective Research = Utilizes pre-made tools</p> Signup and view all the answers

<p>Is it worth the expenses? (D)</p> Signup and view all the answers

<p>True (A)</p> Signup and view all the answers

<p>They are becoming less expensive.</p> Signup and view all the answers

<p>The most frequently occurring value (B)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>The difference between the highest and lowest values.</p> Signup and view all the answers

<p>5</p> Signup and view all the answers

<p>Mode = The most frequently occurring value in a data set. Range = The difference between the highest and lowest values. Outlier = An extreme value that may skew the data. Table = A structured format for presenting data.</p> Signup and view all the answers

<p>It may mislead due to extreme results. (D)</p> Signup and view all the answers

<p>True (A)</p> Signup and view all the answers

<p>To show the variability of the data set.</p> Signup and view all the answers

A management theory based on the idea that workers are more motivated by social factors, such as teamwork and communication, than by financial incentives.

A management style where the manager makes all decisions and controls all aspects of the work environment.

A system where workers are paid based on the amount of output they produce.

A management theory based on the idea that workers are inherently lazy and need to be closely supervised and controlled.

A management style where workers are involved in decision-making and have more autonomy.

A department within a company responsible for managing employee-related matters such as recruitment, training, and compensation.

Working in groups with shared goals and responsibilities.

A branch of psychology focused on understanding human behavior in the workplace.

These factors relate to the basic requirements for survival and well-being.

Related to the security and stability of employment and working conditions.

Focus on social connections, belonging, and acceptance within a team.

Relate to feelings of accomplishment, recognition, and respect in the workplace.

The desire to reach your full potential and contribute creatively.

These factors, when met, do not motivate employees, but their absence will demotivate them. They prevent dissatisfaction.

These factors address the desire for accomplishment, growth, and meaningful work. They motivate employees to excel.

A key principle of Maslow's theory, indicating that once a need is satisfied, it no longer serves as a primary motivator.

A theory that suggests individuals will choose actions they believe will lead to desired outcomes and rewards.

A salary is a fixed annual income paid regularly, usually monthly. It's typical for professional, supervisory and managerial roles.

This payment method rewards workers for each hour they work. It's commonly used for manual, clerical, and blue-collar jobs.

This type of pay structure is determined by the difficulty of the job and the standard time required to complete tasks.

Retailers can gather data on customer buying habits and demographics, allowing them to tailor marketing strategies.

By analyzing customer data, retailers can identify products that are most likely to be purchased, reducing wasteful advertising campaigns.

Social media platforms provide insights into customer sentiment, opinions, and emotions through data analysis of user interactions.

Online surveys and questionnaires offer a cost-effective method of gathering customer feedback, accessible through electronic devices.

Online surveys and questionnaires can be pre-recorded and automatically analyzed, simplifying the research process.

Online marketing research offers advantages like cost-efficiency and ease of access but raises questions about its validity.

A leadership style where the leader encourages participation, collaboration, and feedback from team members in decision-making.

The difference between the highest and lowest values in a dataset. It helps understand the variability of the data.

The value that appears most frequently in a dataset. It helps understand what is most common.

Presenting data in a clear and structured format using tables. This makes comparing and understanding information easier.

The average of a data set, calculated by adding all values and dividing by the number of values.

The middle value when data is ordered from smallest to largest. It represents the central tendency of the data.

A data point that is significantly different from other values in the dataset.

A measure of central tendency that is frequently used because it is less affected by outliers than the mean.

Data that can be categorized or sorted into groups. It's descriptive and cannot be measured numerically.