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lora16 [44]
3 years ago
6

Define employee engagement and job satisfaction with respect to Theory of Motives and Needs.

Business
2 answers:
Aneli [31]3 years ago
7 0

<u>Explanation</u>:

Note that, the human resource department role includes managing employees engagement because it is vital for achievement of the organization goals.

For instance, the theory of motives and needs believes that managers must ensure that all employees are fully engaged or passionate about their jobs.

<u>This theory therefore asserts that employee motivations is increased if they are involved and interested in the tasks that inspires them.</u>

Ad libitum [116K]3 years ago
4 0

Answer:

Explanation:

Theory of motives and needs is propounded by Abraham Maslow.

It is a theory that believes that workers are motivated by the desire to fulfill their needs.

Maslow identified 5 hierarchies of needs which includes;

• Psychological need

• Safety needs

• Social needs

• Esteem needs

• Self actualization needs

Employees engagement as the name implies refers to a situation where workers are fully committed to their jobs. Employees shows interest in the job and put in more effort.

•Employees engagement according to theory of motives and needs is the ability of employers to motivate and fulfill the needs of the employees so that employees can show more commitment and interest to the job.

job satisfaction: This refers to when employees in an organization strives to create a comfortable working environment environment for their employees. This is to ensure that workers are happy and comfortable in their work. Job satisfaction helps increase productivity because workers put in more effort to production.

•Job satisfaction according to the theory of motives and needs is satisfaction of the needs of employees in order to create a comfortable working environment for them and to make them happy.

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Explanation:

a. The computation is shown below:

As we know that

Multiplier = 1 ÷ 1 - MPC

1.5  = 1 ÷ 1 - MPC

So, MPC is 0.3333

Now the real GDP is

= Multiplier × Government spending

= 0.3333 × $70 billion

= $105 million

So the change in real GDP is

= $105 million - $70 million

= $35 million

b. The computation is shown below:

As we know that

Multiplier = 1 ÷ 1 - MPC

Multiplier  = 1 ÷ 1 - 0.6

So, multiplier is 2.5

Now the real GDP is

= Multiplier × Government spending

= 2.5 × $16 billion

= -$40 million

c. As we know that

Real GDP = Multiplier × Government spending

$280 billion = Multiplier × $70 billion

So, the multiplier is 4

Now the MPC is

Multiplier = 1 ÷ 1 - MPC

4 = 1 ÷ 1 - MPC

So, the multiplier is 0.75

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3 years ago
The forces of adjustment to market equilibrium are the natural forces of suppliers to make profit and consumers to maximize thei
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The word that completes the sentence that relates to the suppliers' profit maximized at equilibrium is demand. Demand is related to the consumer. At equilibrium, the supplier's profit is maximized at the same time the consumer's demands are optimized.
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3 years ago
The Consumer Price Index (CPI) is best used to determine
nlexa [21]

The answer is<u> "B) the rate of inflation".</u>


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8 0
3 years ago
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Walt Bach Company has accumulated the following budget data for the year 2019.
mrs_skeptik [129]

Answer:

Walt Bach Company

a) Schedule of Cost of Goods Sold

Direct materials =                 $400,000 (2*$5*40,000)

Direct labor =                          960,000 (1.5*$16*40,000)

Manufacturing overhead =    360,000 ($6*60,000)

Total cost of goods sold = $1,720,000

b) Budgeted Income Statement for 2013

Sales Revenue          $2,200,000

Cost of goods sold      (1,720,000)

Gross profit                   $480,000

Selling and admin. exp.  200,000

Income before tax        $280,000

Income tax (30%)             (84,000)

Net income                   $196,000

Explanation:

a) Budget Data and Calculations:

Sales: 40,000 units, unit selling price $55, Revenue = $2,200,000

Cost of one unit of finished goods:

Direct materials 2 pounds at $5 per pound = $400,000 (2*$5*40,000)

Direct labor 1.5 hours at $16 per hour = $960,000 (1.5*$16*40,000)

Manufacturing overhead $6 per direct labor hour = $360,000 ($6*60,000)

Inventories (raw materials only):

Beginning, 10,000 pounds;

Ending, 15,000 pounds.

Selling and administrative expenses: $200,000.

Income taxes: 30% of income before income taxes.

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3 years ago
In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d
TiliK225 [7]

Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

Gain = 20,000-15,000-5,000

Gain = 0

5 0
3 years ago
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