IB Business Management: 2.4 Motivation
Theories, Financial and Non-financial
Rewards
(correctly solved exam questions with
verified answers)
PT HAM - ANSWER-Pink's Drive Theory (MAP)
Taylor's Scientific Management
Herzberg's Motivation-Hygiene Factor
Adam's Equity Theory
Maslow's Hierarchy of Need (S ESS P)
Motivation - ANSWER-The intrinsic and extrinsic factors that stimulate employees to
take actions that lead to achieving a goal.
They do it because they want to do it, not because they have to do it.
Intrinsic motivation - ANSWER-Comes from satisfication that is derived from working on
and completing a task
Extrinsic motivation - ANSWER-Comes from external rewards associated with working
on a task, for example pay and other benefits
Taylor's Scientific Management - ANSWER-Extrinsic Motivation
People only work for one reason: Money
,Obey orders that are given and do it quick
Motivate to become more efficient and productive with money so that businesses could
generate more profit, enable higher wages
*Piece Rate Payment System*
- Rewards workers based on their level of output: productivity
Rest Breaks: To take breaks and restore productivity
*Rewards* and enforce behaviours
*Punish* behaviour they discourage to raise productivity
Advantage and Disadvantage of Taylor's Scientific Management - ANSWER-
*Advantages:*
- Systematic
- Competition
*Disadvantages:*
- Authoritatiran
- Treat employees as it robots or machines
- Not all workers today seek money as the sole motivation
, - Don't acknowledge the complications of human behaviour and interpersonal difficulties
-Workers may become more dissatisfied with the work environment
Taylor's Scientific Management:
How to improve worker productivity? - ANSWER-1. Measurement of what can be done
better and identify the quickest method to perform tasks with observation
2. Train all workers in the quickest method and do not allow them to make any changes
to it
3. Pay workers on the basis of productivity
Pink's Drive Theory - ANSWER-*Intrinsic Factors*
Focus on providing....
*Time:* freedom to spend time doing their own thing leads to many more innovative
ideas and solutions.
*Technique:* flexible working practices is another good example of allowing staff more
autonomy
*Team and Task:* Greater use of teamwork as a means of facilitating autonomy
(MAP)
*Mastery:*
Theories, Financial and Non-financial
Rewards
(correctly solved exam questions with
verified answers)
PT HAM - ANSWER-Pink's Drive Theory (MAP)
Taylor's Scientific Management
Herzberg's Motivation-Hygiene Factor
Adam's Equity Theory
Maslow's Hierarchy of Need (S ESS P)
Motivation - ANSWER-The intrinsic and extrinsic factors that stimulate employees to
take actions that lead to achieving a goal.
They do it because they want to do it, not because they have to do it.
Intrinsic motivation - ANSWER-Comes from satisfication that is derived from working on
and completing a task
Extrinsic motivation - ANSWER-Comes from external rewards associated with working
on a task, for example pay and other benefits
Taylor's Scientific Management - ANSWER-Extrinsic Motivation
People only work for one reason: Money
,Obey orders that are given and do it quick
Motivate to become more efficient and productive with money so that businesses could
generate more profit, enable higher wages
*Piece Rate Payment System*
- Rewards workers based on their level of output: productivity
Rest Breaks: To take breaks and restore productivity
*Rewards* and enforce behaviours
*Punish* behaviour they discourage to raise productivity
Advantage and Disadvantage of Taylor's Scientific Management - ANSWER-
*Advantages:*
- Systematic
- Competition
*Disadvantages:*
- Authoritatiran
- Treat employees as it robots or machines
- Not all workers today seek money as the sole motivation
, - Don't acknowledge the complications of human behaviour and interpersonal difficulties
-Workers may become more dissatisfied with the work environment
Taylor's Scientific Management:
How to improve worker productivity? - ANSWER-1. Measurement of what can be done
better and identify the quickest method to perform tasks with observation
2. Train all workers in the quickest method and do not allow them to make any changes
to it
3. Pay workers on the basis of productivity
Pink's Drive Theory - ANSWER-*Intrinsic Factors*
Focus on providing....
*Time:* freedom to spend time doing their own thing leads to many more innovative
ideas and solutions.
*Technique:* flexible working practices is another good example of allowing staff more
autonomy
*Team and Task:* Greater use of teamwork as a means of facilitating autonomy
(MAP)
*Mastery:*
