The Application of Motivational Theories in Today's Business Environment

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| | | | | | | |Programme title: | |BSc (Hons) Business Management | | | | | |Module title: | |Managing Into The Future | | | | | | | |

| | | | | | | |Student Number | |Student024 | | | |(this is your VLE username) | | | | | | | | | | | | | | | | | | | | | |

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Please start your assignment on the next page. Thank you.

Introduction

In this essay I will be discovering the definition of motivation, then examine the content and process motivational theories and come a conclusion with the differences. The second part of this essay will be finding the applicability of Maslow’s hierarchical needs theory at Tesco PLC.

Section 1

Motivation

Motivation means the internal and external factors that encourage aspiration and energy in people to be continually interested and committed to a job or a role to exert persistent effort in achieving a target goal. Motivation could results from interaction factors such as the reward value of the target goal, intensity of need and the expectations of individuals (Buelens, Sinding, Waldstrom, 2011).

In this competitive world the companies must always use variety of motivation techniques to make the employees stay within the company. It is often said that money is the main motivator but the enjoyment, convenience and experience also involves making the employees motivated, for instance appreciations, annual parties, appraisal, providing internal training, giving annual bonus, providing staff vouchers and encouraging the staff performance.

Motivation is the key task to achieve the goals of an organization. Basically a management must make sure the team of the people thinks that their needs are being met by listening, getting their ideas and suggestions.

One of the important responsible of a management is to make their employees feel that she/he is being treated as a part of the team whereby all the staffs share the aim of...
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