Maslow's Motivation Model/Hierarchy:
Growth Needs:
1) Transcendence - helping others
2) Self Actualization - using full potential
3) Aesthetic Needs - beauty and balance
4) Cognitive Needs - knowledge and self awareness
Deficiency Needs:
5) Esteem Needs - feeling of accomplishment
6) Belonging and Love Needs - relationships with friends and family
7) Safety Needs - security, safety needs (food/water met)
8) Physiological Needs - self determination, competence, motivation, basic needs met
Based on the characteristics of each need, it's likely that a person who is currently unemployed is in the physiological level of Maslow's hierarchy. Someone who is unemployed, if they have their basic needs met, may be lacking motivation and determination to find a job and perform it.
The capacity to execute a business meeting is a crucial management skill because it shares information about the business, offers team progress updates, solicits and provides input, solves problems, makes decisions, and starts maintaining, sometimes, ends relationships.
<h3>What is management skill?</h3>
The action of skills management is to understand, foster, and apply people's abilities. A well-executed skills management strategy should be able to pinpoint the skills that particular job roles need, and the abilities of specific individuals, in addition to any gaps between the two
<h3>Why are management skills important?</h3>
The management's ability to interact with other staff members and effectively deal with subordinates allows the organization's business operations to run smoothly. Any company must have efficient management skills in order to thrive and achieve its objectives and goals.
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The amount of money which would be in the account 12 years from today is:
<h3>What is an Investment?</h3>
This refers to the amount deposited in a business or financial institution, with the aim of getting return on investment after a period of time.
CI= P( 1 + r/100)^n
P= initial principal
n= number of times interest applied per time period
r= interest rate
t= number of time periods elapsed
A= final amount
=> 2,500 (1 + 0.084)^7
2500( 1.084)^7
= $4,396.88
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