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Role of Money as a Motivator

Title: Role of Money as a Motivator
Category: /Business & Economy/Marketing and Advertising
Details: Words: 2218 | Pages: 8 (approximately 235 words/page)
Role of Money as a Motivator
Introduction Motivation is defined as a process which account for a person's intensity, direction, and persistence of effort toward attaining a goal. (S Robins, 2004) As an extrinsic rewards and one of the well known motivational techniques, money is proved to be a well-accepted motivator for a long history. It is normally reflected in pay rise, bonus or share option. It is an effective motivator but not in all cases. Drawing from some of the famous …showed first 75 words of 2218 total…
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…showed last 75 words of 2218 total…Directors? Corporate Governance, Volume 12, Number 4, Oct 2004. Blackwell Publishing Limited. 6.<Tab/>Carl F. Fey (2002). Opening the Black Box of Motivation: A Cross-culture Comparison of Sweden and Russia. April, 2002. 7.<Tab/>Liu Shan Shan (2004). Taiwanese Companies at the Bottom of Employer Popularity List. China Youth Online. May 12, 2004. http://education.163.com/edu2004/editor_2004/job/040512/040512_137229.html 8.<Tab/>A. Maslow (1954). Motivation and Personality (New York: Harper & Row)

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