Motivation Business Studies

Front

What is a fringe benefit?

Back

Benefits on top of a salary or wage

Front

Motivation is

Back

the drive to do something

Front

An advantage of profit sharing

Back

Motivates workers and improves efficiency

Front

Advantage to few employees leaving next year?

Back

saves time and money (Recruitment)

Front

Non-financial methods include: Praise and recognition, salary and commission, Job rotation, Job Enlargement, Company car and cell phone

Back

Job rotation, Job Enlargement

Front

What financial methods motivates employees to hit targets? Salary, Performance related pay, Employees having company car, Time rate

Back

Performance related pay

Front

This motivational theorist is considered scientific and believes money is the only motivator

Back

Taylor

Front

What is the correct definition for wage?

Back

Pay distributed weekly or daily, calculated using no. of hours worked

Front

What is the correct definition for 'Commission'?

Back

Staff are paid a percentage value of items sold

Front

How can commission incentivize workers?

Back

The more they sell the more they earn.