“Compare Modern Management motivation Theories and Buddhist teaching for motivation” Assignment 01 Lecture – Mr. Thilak. S. Subhasinghe Student – Rev. R. Chandawimala (SIBA-BABL-10-04) Subject – Buddhism and Modern Management (111 304 ) Institute – Sri Lanka International Buddhsis Academy. What is Motivation? Motivation is the word derived from the word ’motive’ which means needs‚ desires‚ wants or drives within the individuals. It is the process of stimulating people to action to accomplish
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The Equity Theory of Motivation What is it? It is the theory that goes forward and tries to explain the relational satisfaction in terms of understanding of the fair distribution of the resources with the various interpersonal skills. Also known as the justice theories‚ the theory was found by John Stacey Adams‚ who maintained his pool of thought where employees who were searching for the maintenance of equity between two inputs that bring the jobs and the regular results that they will be
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The expectancy theory of motivation‚ which was first produced by Victor Vroom‚ has become a generally accepted theory for explaining how individuals make decisions concerning different behavioural alternatives. According to Vroom to motivate someone mere offer a person something to satisfy his important needs will not be adequate. In order for the person to be motivated‚ he must also be convincingly sure that he has the ability to obtain the reward. An employee’s motivation increases when he values
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„No bees no honey‚ no work no money‚“ says one old proverb. On one hand it is absolutely true‚ on the other we have to ask ourselves: Do we really work just for honey? Or is there something else that makes us get up at seven o’clock a.m. every day and even with sleepy eye get to work? As Mr. Maslow would tell you‚ we work to gain our basic needs and to get personal self fulfillment at the end. Anyway‚ it’s not only us who need to get things done. Actually there are people “above” us. These are people
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A theory is a vital basis of every nursing endeavor. It can possibly explain the sense of every nursing action in the field. Without such‚ the practice of the profession will lack sense and deeper meaning. All throughout the history of nursing‚ it became a foundation that governs nurses in performing their duties. Like the theory of Nightingale which guided nurses during the Crimean War when Florence‚ along with other trained nurses took care of the soldiers who were injured by attending to their
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employees. One of the most important yet difficult responsibilities of a leader in any organisation is motivating staff (Staren‚ 2009‚ pp.74-77). Well motivated employees can lead to the result of higher productivity; higher performance and it can also help to improve the work quality and profits across all the departments. There are many theorists have complied their own conclusions and consequently a wide variety of motivational theory has been produced. Herzberg’s Motivation-Hygiene Theory is one of the
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According to Webster’s Dictionary Online‚ the definition of satire is‚ “the use of humor‚ irony‚ exaggeration‚ or ridicule to expose and criticize people’s stupidity or vices‚ particularly in the context of contemporary politics and other topical issues” (Definition of Satire in English). Early British literature authors created the “era of Satire” with their writing‚ often poking fun at parliament and royalty‚ heads of the church‚ or any other important figures of the time. By doing so‚ they sparked
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Illustrate the use of budgets as a means of exercising financial control of a selected company In this task I will be explaining what a budget is‚ why it used by companies and I will have to show how it helps a company in controlling its finance. A budget is a plan which predicts how much a company makes in revenues and how much it is going to pay in expenses and so predicts a profit or loss. A budget is can be prepared whenever a company wants two and for however long a period of time it wants
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level are met those on the next‚ higher level will demand satisfaction. Maslow believed the underlying needs for all human motivation to be on five general levels from lowest to highest‚ shown below. Within those levels‚ there could be many specific needs‚ from lowest to highest. Frederick Herzberg (1923-) had close links with Maslow and believed in a two-factor theory of motivation. He argued that there were certain factors that a business could introduce that would directly motivate employees to work
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(1) Herzberg’s Motivation Theory John O’ Donnell “Frederick Herzberg an American psychologist was convinced that the way work was being organised in organisations was not promoting welfare or happiness for their employees. In his research in the 1950s and 60s he set out to understand employee satisfaction and the effect of attitude on motivation. In Pittsburgh USA in 1959 Herzberg and his research team surveyed two
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