A Study On Employee Motivation Essay - 6476 Words

CHAPTER-1 1.1 INTRODUCTION The project titled â€Å"A study on employee motivation with reference to network 18†, is conducted to identify factors that are responsible for motivating the employees and the organizational functions of Network 18, Noida. The focus of the project is on what motivates the employee the most. Hence the main subject which have been focused on was Employee motivation or motivation in general. Management’s basic job is to utilize human resources effectively to achieve the organizational objectives. The personnel management is mainly concerned with organizing human resources in such a way to get maximum output to the organization and to develop the talent of people at the work to achieve the fullest satisfaction. Employee motivation is one of the major issues faced by every organization. It is the task of the manager to motivate his subordinates and also to create the â€Å"will to work† amongst his subordinates. In fact, a worker might be highly capable of doing work; nothing can be done if he is not willing to work. The manager has to make appropriate use of motivation to generate the interest amongst the employees. From a manager’s point of view it is important to understand what encourages people, what influences them and why they persist in particular action. By understanding what motivates employees, the management can design procedures, functions, policies and systems that can create a workforce of motivated and happy employees who in turn would beShow MoreRelatedEmployee Motivation – a Short Case Study1198 Words   |  5 PagesEmployee Motivation – A Short Case Study I joined CVS Caremark project at TCS-Noida in November after a successful stint at Aviva in TCS-Bangalore, where I had worked as a trainee. I had always wanted to go back to my hometown and live with my parents and when I got a transfer to Delhi I didn’t waste a single moment in saying yes to the new project and heading towards Delhi. Many of my friends were also moving out from Bangalore at the same time which only made my decision easier. I felt that CaremarkRead MoreEmployee Motivation Case Study Essay1072 Words   |  5 Pagesexisting employee without giving financial benefits? OBJECTIVES To be able to know if implementing a competency-based planning program is a good strategy to boost up the morale and increase motivation of the employees. To know what other alternative benefits can be given to employees, aside from monetary benefits. SWOT ANALYSIS Strength: Has loyal customers Has a facility that attracts potential customers and members. Weaknesses: High turnover rate Low morale and motivation The companyRead MoreEmployee Motivation in the Organization: a Case Study of Nigerian Ports Authority13675 Words   |  55 PagesCHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY AND SIGNIFICANCE OF THE STUDY Of all the factors of production, labour is the most important factor of production, which is supplied by the employees. The success or failure of any enterprise is therefore ultimately predicated on the willingness or otherwise of the people who supply the labour Force. A manager plays an important part in coordinating the efforts of individual workers to active organizational objectives. His work also include planningRead MoreEmployee Motivation in Low Income Earning Jobs: a Case Study of Subway4613 Words   |  19 PagesChapter 1 Introduction Background to the study A motivated employee works hard and effectively because of the satisfactory feeling of fulfillment. In business management, motivation is an important research field. Over the years, there have been many motivation theories developed. One of the most famous theories is on the basis of Abraham Maslows hierarchy of needs. Maslow (1954) argued that individuals have a hierarchy of needs, and true motivation is achieved by fulfilling higher level of needsRead MoreA Critical Analysis of the Relationship Between Organisational Culture, Employee Motivation , Employee Performance and Service Quality Using the Following Case Studies;1595 Words   |  7 PagesA Critical analysis of the relationship between organisational culture, employee motivation ,* employee performance and service quality* using the following* Case studies*; Mitchell and Brothers, Marston’s PLC, *Banana Wharf* and* Best Western* Group. This may seem a far way from your everyday business or organisation closer to home, but surprisingly the variations between places and countries are very similar to that of organisations. Every business has their own specific way of doing thingsRead MoreArticle Review - Achieving Organisational Prosperity Through Employee Motivation and Retention: a Comparative Study of Strategic Hrm Practices in Malaysian Institutions2694 Words   |  11 PagesOrganisational Prosperity through Employee Motivation and Retention: A Comparative Study of Strategic HRM Practices in Malaysian Institutions Author: Yin Teng Chew This article provides an insight on strategic human resource management (HRM) practices regarding employee motivation of different multinational corporations (MNCs) in Malaysia. Employee retention is one of the hardest aspects of HRM that requires sophisticated framework. In the case of Malaysia, employee retention is a major issue as theRead MoreThe Importance Of Employee Motivation And Customer Retention Essay1634 Words   |  7 Pagescustomer loyalty, and work efficiency. Indeed, in their research study, Ganesh and Mangalore (2016) established a strong link between employee motivation and customer retention. Therefore, any effort to improve the performance of an organization should begin with addressing human resource issues in the attempt to improve its motivation. Employee motivation has been a central area of focus in organizational behavior issues and studies. Scholars and professionals have been trying to understand factorsRead MoreThe Effect Of Flexible Work Programs On Em ployee Motivation1145 Words   |  5 PagesThe Effect of Flexible Work Programs on Employee Motivation Overview Since the 1990s, many single parents have entered the workforce and their children are suffering as a result. These working parents are forced to leave their children to raise themselves while they work rigid schedules. Meanwhile, many children are not receiving the guidance and attention they need to flourish in society. This leaves our future in the hands of children without the necessary guidance needed to succeed. RecentlyRead MoreThe Relationship Between Motivation And Performance Of Workers Essay1320 Words   |  6 Pages Abstract Motivation derived from Latin word† Movere†, it is the drive which motivates to perform better. There is a link between motivation and performance. It is already resulted from previous studies that the motivated employees give more positive outcomes. To further investigate the relation among motivation and performance of workers. The research statement is designed to evaluate the relationship between motivation and employee’s performance. To evaluate the relationship, the quantitative researchRead MoreCorrelation Between Employee Motivation And Job Performance Essay1098 Words   |  5 Pagesorganization. An employee performance appraisal can act as motivation for an employee to improve his productivity. When an employee sees his goals clearly defined and is measured against the set goals and objectives, a need can be identified about the future strategies of employee motivation. In this review, I will look at and explore the multiple arguments of the management research articles. So, the question I must ask: is there a positive correlation between employee motivation and job performance

Essay about The Price of Diamonds Is Too High - 1177 Words

Statement: â€Å"The price of diamonds is too high.† The diamond cartel is the most successful and long-lasting cartel in history. The cartel created a scarcity for diamond and stabilized the prices at a high level. This essay will be discussing the validity of the statement with reference to the market of the diamond industry, history of the diamond cartel, how the price of diamonds is determined, and the implications thereof. â€Å"A cartel is a group of firms acting together†¦to limit output, raise prices, and increase economic profit.† (Parkin et al., 2013:312) The diamond cartel formed when diamonds were discovered in South Africa. This discovery, in 1870, brought a rush of prospectors to South Africa to search for alluvial diamonds. The search†¦show more content†¦Therefore, the discovery of diamonds resulted in an overall decrease in the price and value of diamonds. Rhodes saw the diamond cartel as a solution to this problem. Rhodes used the cartel to limit the supply of diamonds to the actual demand, thereby stockpiling the excess supply. De Beers not only controlled the market in South Africa, but they also expanded their holdings to other parts of the world, such as, England and Israel. (Epstein, 1982:1) By 1929, when Sir Oppenheimer took control of De Beers, the transition between the actual mining to the distribution, which is controlled by the Central Selling Organizing (CSO), became centrally controlled. (Spar, 2006:197-198) By analysing the definition of monopoly, which â€Å"†¦is the exclusive right of a person, corporation or state to sell a particular commodity† (Lerner, 1934:157), we can deduce that the diamond industry is a single-price monopoly; in other words, De Beers created its own barriers to prevent others from entry by obtaining control of the supply of diamonds (Parkin et al., 2013:273) and selling at the same price to all its customers (Parkin et al., 2013:275). Since by definition, a monopoly consists of one entity, a monopolist has complete control of the supply of the commodity; therefore, it has market power and, thus, has the ability to control the prices. (Parkin et al., 2013:272-273) The same would apply to the diamond industry: De Beers was the only firm that minedShow MoreRelatedThe Price of Diamonds is Too High Essays1079 Words   |  5 Pagesâ€Å"THE PRICE OF DIAMONDS IS TOO HIGH† For more than a century the diamond industry has flourished beyond expectations. The diamond has grown from a small yet rare gem stone to that of a rather large and powerful symbol of wealth. The industry has been controlled by one major corporation, De Beers. De beers along with the cartel it set up has built an industry that will last forever. (Spar, 2006) This paper will analyse the diamond industry, paying specific attention to the cartel, how it operates;Read MoreEssay on The Price of Diamonds Is too High984 Words   |  4 PagesThe Price of Diamonds Is Too High For centuries the diamond has fascinated man for its alluring sparkle and physical hardness. Formed about three billion years ago, the diamond may very well be the oldest and most precious item any person can own. The internationally accepted notion that this commodity is one of the most treasurable commodity of them all has led to the public being prepared to pay the prices that are set by a group of companies in an agreement known as a cartel. This essay willRead MoreThe Price of Diamonds Is too High Essay1119 Words   |  5 Pagesâ€Å"The price of diamonds is too high† This essay discusses the statement â€Å"the price of diamonds is too high†; it will analyze the diamond cartel and its history in order to determine the validity of this statement. Various microeconomic theories will be discussed and explained, all of which are involved in the diamond cartel. The Oxford Dictionary defines a cartel as â€Å"an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition†Read MoreThe Price of Diamonds Is Too High Essay1215 Words   |  5 Pagesstatement â€Å"The price of diamonds is too high†. Diamonds have always been presumed to be rare. They have been present in history as a symbol of wealth and luxury as they were so difficult to find. Nowadays diamonds are mined and are found all over the world but they are sold through a cartel. (Epstein 1982) A cartel limits the supply of a product in order to keep prices high and to limit competition. (South African Pocket Oxford Dictionary: 2002) This raises the question of whether diamonds are actuallyRead MoreThe Price of Diamonds Is too High in the Modern Market Essay1281 Words   |  6 Pagesmore dependent on diamonds as the years go by. From finding this rare gem in the depths of the earths’ crust, to it now being used as a certain love gesture. The rarity of this beautiful gem has changed, however has the price of diamonds changed accordingly with its value (placed upon by society). This essay will effectively argue that the price of diamonds is too high in the market in the present day as a result of various economic factors. The essay will give information on diamond cartels and howRead MoreThe Price of Diamonds Is Too High The price of diamonds has been controlled, up until recently, by1700 Words   |  7 PagesThe Price of Diamonds Is Too High The price of diamonds has been controlled, up until recently, by cartels. Cartels are formed when suppliers of a particular product or service formally agree not to compete with one another. Cartel agreements usually determine the price, output and supply levels as well as where and to whom the product will be distributed to. De Beers is one of the commonly heard names with regard to diamonds. Up until recently De Beers controlled the diamond industry. It bothRead MoreThe History of the Diamond Cartel and Its Role in Determining the Price of Diamonds1174 Words   |  5 PagesDiamonds have been identified as being precious but expensive gems for many decades. Diamonds were extremely rare, only found in India and Brazil until the late nineteenth century (Vogelsang, 2005: 5). After the discovery of diamonds in South Africa, the diamond industry began to flourish. Diamonds then became very abundant and cheap to produce. In order for the value of diamonds to remain as high as they were during the phase in which they were still rare, a diamond cartel was introduced. A cartelRead MoreShould Diamonds Cost so Much? Essay1132 Words   |  5 PagesDiamonds have long been considered some of the most prized and sought after possessions. They have been perceived as indicators of wealth and romance. The diamond market however; has been one of the most controversial and controlled markets in history run by a cartel â€Å"†¦an association of suppliers with the purpose of maintaining prices at a high level and restricting competition† (Oxford English dictionary) formed to prevent the market from becoming flooded with diamonds from too many suppliers, resultingRead MoreEssay on The DeBeers Diamond Cartel1139 Words   |  5 Pagesdiscovery of diamonds, the precious gem has always remained an item of luxury and great beauty and one that requires a great deal of financial sacrifice in order to acquire. Prices of diamonds have remained relatively stable over the last 100 years while prices of other commodities have fluctuated heavily (Hauser, 2002). Diamonds are a relatively rare commodity which gives them a high value and with the help of De Beer’s advertising campaign, spanning the last six decades, that high value appealRead MorePov Analysis Debeers1219 Words   |  5 PagesPOV ANALYSIS #1 De Beers Diamonds Corrin Wigren 10/10/11 Situation: The De Beers name has always been synonymous with diamonds due largely impart to the fact that in order for anyone to deal in the diamond business, at some point they will have to deal with at least one of our subsidiary companies, retailers or distributors. De Beers owns 43% of the worlds’ market shares of rough diamonds, but this is way down from the 80% we were at in the 80’s. The diamond demand is at the mercy of an

The Cost of College Tuition Free Essays

Nose Snotty October 11, 2010 English 112 Position Final The Cost of College Tuition The cost of college is very high compared to how the economy has been and how wages and financial aid have not risen with the cost of tuition. This makes it harder for students to graduate and brings a lot of stress to their lives. Without the funding that is needed many students drop out or take a longer time finishing their degree. We will write a custom essay sample on The Cost of College Tuition or any similar topic only for you Order Now Going to college is stressful enough without the need to worry about how you’re going to pay for it and what other costs will continue to rise with getting a degree. The cost of college is too high compared to the amount Americans make and how much they are expected to contribute. This issue is very close to me because I am attending college, along with many of my friends and hearing about their struggles with paying for college is something I hear about often and is something I constantly think about. Some of my friend’s parents are paying for their education and this is a great help to the students but this causes a strain on the parents and can make them decide to pull money out of their retirement (carpenter). While going to college is important it can be very tough to pay for it. Some students have to rely on student loans to pay, while others have parents who are paying for it, while others can’t go at all because it would be too hard financially and to their everyday life to be able to go. Finding the right way for you can be a process. While many jobs require a degree, the cost of getting one has risen very dramatically over the years. Colleges seem to be able to raise tuition with a moment’s notice and expect the student to deal with it. The government can only shake an angry finger at them because they don’t want to take complete control over the colleges all over America. How the parents, student, and government look at the cost, the need for a degree, and how they will pay for it determines how much they are willing to sacrifice for it. Most parents want better for their children. To some this includes paying for their college education. With the economy with the way that it is and people losing their jobs all the time this can be harder than expected. This has caused many students to change their choice on which college to attend to a cheaper choice or go to a community college before going to a four year school. (Carpenter) This isn’t a bad choice but it can be hard to transition from one school to another and hope that all the credits will transfer successfully. Many parents feel like they are letting their child down if they do not help them, but many believe that the student should pay for it them because it will help them learn responsibility with juggling school and a job. According to Public Agenda only 42% of students whose parents did not help them graduated (Clark). This could be blamed on how hard it can be to be working and to find time to fit in time not only for class but preparing for class without their parents help. This can help time management skills, but for a student to be able to graduate in four years and work enough to not have a mountain of debt can be a hard thing to accomplish. Something else that also comes up is it’s not just tuition that has to be paid for, it’s also all the fees added on and the costs that most people don’t think about when budgeting for school like food for each week and transportation. With added on fees for every class it can be very frustrating so how the student pays for college affects a lot of aspects in their lives. The government has done a lot to help students with grants and scholarships so that they can afford college. With FAFSA many families are given money that they would otherwise not have so they don’t have to worry about bettering themselves while struggling to make tuition payments. But what about the students whose parents make too much to get any grant money, but their parents don’t have enough money or don’t want to pay for them going to college? Tuition costs have raised very quickly compared to the amount of grants or scholarships available. In Indiana the university trustees set the tuition cost but many legislators are asking them to think about keeping it lower or not raise them at all (Kenly). The government thinks that the parents should be responsible for helping students pay until they are 24, married, a veteran, or have a child (Clark). This leaves a lot of students in need of help before any of these things happen. For a student to file as in independent they first need to be 24 even if they are not living with their parents and are on their own. Many students would qualify for financial aid if they could file independently but this stipulation leaves them to flounder by them. Also if a student graduates at the age at 18 and goes to school for four years this would only make them twenty-two and they would never make it to get financial aid as an independent so, they would have to get loans unless they were awarded scholarships. Having financial aid and grants from the government have helped a lot students go to college who otherwise couldn’t but it also leaves many students out who do not fit into the formula created for everyone. Going to college is a great way to better someone’s self but getting to the degree is much harder than just being a good student. Parents can only provide so much as well as the government but the rising cost of tuition with the financial far behind it is outrageous. It is understandable that universities need money to run themselves but the dramatic increase each year is something to wonder about. This is a close to home topic for me because I fall in the bracket where my parents cannot afford my education, but I do not receive any financial aid so my only option is to get loans. The government cannot provide for everyone but making college more affordable for everyone would really help our nation rise up to be more competitive with other countries. It is very sad for students who are hard workers and have the ability to get a degree, but the price discourages them from accomplishing that goal. College is an important step in many peoples’ lives in the world today. It is a requirement for many jobs and can help people reach more goals than without it. Some people believe that the need for college is greater than the sacrifice that is needed to get a degree. Even with the economy today college should be something that everyone should strive for no matter what the cost is. With a degree you can earn more money, get better jobs, and be more of an educated person. This is vital to many people in their everyday lives. With a college education you can earn double than having just a high school diploma (Longley). This makes the debt and sacrifices people make to go to college very important to better themselves. Without those sacrifices a person could not get a better paying job and provide for their families or help better other things in their lives. The sacrifices that are needed to be made can be paid off with the bettering of oneself with a degree and to some this can be priceless. How the parents, student, and government look at the cost, the need for a degree, and how they will pay for it determines how much they are willing to sacrifice. The need for a degree and the cost of getting a degree can be analyzed and give facts and figures of how important or how unimportant it is to struggle with things that are required to graduate. The good can outweigh the bad but getting there can be a hard process, but some believe that the way it is now is a fine way to get to the end goal, because the end goal can be so rewarding. Works Cited 1. Carpenter, Dave â€Å"Cost of Degree is Forcing some to go to Plan B. † Associated Press. 26 September 2010. http://www. msnbc. msn. om/id/39277351/ns/business- personal_finance/. 14 October 2010. 2. Clark, Kim â€Å"Should your kids pay for their college? † 11 December 2009. http://www. usnews. com/articles/education/2009/12/11/should-your-kids-pay-for-college-themselves. html 15 October 2010. 3. Kenley, Luke â€Å"Response to High College Cost. † Indianapolis Star. 20 September 2010. Print. 15 October 2010. 4. Longley, Robert â€Å"College Degree Nearly Doubles Annual Earnings† http://usgovinfo. about. com/od/censusandstatistics/a/collegepays. htm. 31 October 2010. How to cite The Cost of College Tuition, Papers