- Consider a small business you want to create. In your post, address the following:
What type of business would you create?
Conduct some research on companies offering a similar product. What distinguishes you from your competitors?
Name 2-3 risks you need to consider in your new venture? Consider the risk factors similar companies may have encountered.
How could you leverage e-commerce and social media to make your business profitable?
- Consider a for-profit organization in your area that you currently work for (or a company your organization competes with or one you would like to work for). What type of ownership model does the company/organization use? Why do you think this type of ownership model was chosen? What would be different in your organization if a different ownership model were used?
the key function of managers is ‘getting matters finished’ via employees. the subsequent challenge appears on the role of motivation and why it's miles critical for managers to be privy to the numerous motivational theories and how the motivational theories can be implemented in a professional context to gain employer’s desires and objectives. Motivation has been described as: the psychological technique that gives behaviour purpose and direction (Kreitner, 1995); a predisposition to behave in a purposive manner to attain unique, unmet needs (Buford, Bedeian, & Lindner, 1995); an inner drive to meet an unhappy want (Higgins, 1994); and the need to obtain (Bedeian, 1993). enterprises exist to obtain corporate objectives and personnel working in those enterprises aide in reaching the ones targets with the aid of operating toward their person desires and targets. In an excellent global, if each character was providing his first-class performance then organisational desires would be met sooner too; however in the actual international it is regularly no longer the case. firms lag in the back of and greater frequently than not the purpose is a demotivated group of workers. An understanding of the primary human nature is essential for effective employee motivation within the administrative center and also for effective control and leadership. In these days’s enterprise international with fast modifications happening all round, it has grow to be even greater critical for managers to inspire their staff and help their workforce in optimising their performance. except, research and statement proves that inspired employees are more innovative and effective inside the paintings place. numerous theories of motivation were offered among which Maslow’s idea states the reason of human lifestyles is ‘Self-actualisation’ and the most effective way that nation can be attained is while the fundamental human needs are met. as a result in keeping with Maslow, human needs can be represented in the form of a pyramid. consistent with Maslow, the fundamental human desires are: Physiological wishes protection needs Love wishes Esteem desires Self-actualisation. at the same time as Herzberg principle states that in a piece surroundings context there are mainly elements which determine the motivation levels of personnel. the first set of factors which he termed as the hygiene factors do now not result in wonderful motivation, but a lack of these hygiene factors should cause de-motivation. Herzberg’s idea is specially useful as it di>GET ANSWER