Lower-level managers are empowered to make decisions in a decentralized organization, which can increase motivation and job satisfaction.
<h3>What is motivation ?</h3>
Motivation is the reason why humans and other animals begin, continue, or discontinue an activity at any particular time. Motivational states are typically viewed as internal forces that induce a desire to engage in goal-directed conduct.
The Three Kinds of Motivation
Extrinsic. Performing an action in order to achieve or prevent a specific result. Many of the things you perform every day are probably extrinsically driven. ...
Intrinsic. Internal motivation for success or a sense of purpose... Family. Motivated by a desire to provide for your family.
Motivation will assist him in achieving his personal objectives. Individuals who are motivated will be satisfied with their jobs. Individual self-development will benefit from motivation. Working with a dynamic would always benefit an individual.
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This reflects the philosophy of Andrew Carnegie.
He was a famous businessman, who is actually even now considered to be one of the richest people ever. However, he was a philanthropist as well, having donated over $350 million to various charities. The sentence above was his philosophy.
Answer:
a competitive price
Explanation:
a competitive price
A four firm concentration ratio being just 20% shows and it is not mentioning any monopoly. Also a Herfindahl index of 600 is considered low
therefore a firm in mentioned industry likely to have a competitive price as lot of firms are competing with same market shares.
competitive price is referred to that tactics where all competitor sells all items at same price.
Answer:
The correct answer is letter "D": Value proposition.
Explanation:
A Value Proposition is a guarantee of a special and relevant advantage from producers to consumers. The purpose of the value proposition of the business is to convey a reason for the consumer to buy from the business and to direct the company in making decisions that are consistent with this promise.
A concise value proposition will identify <em>who the main customers are, what the problems of the customers are, what unique benefit the products of the company provide, </em>and <em>why this benefit is better for the customers than the advantages of the competitors.</em>
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