BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -So, Herzberg’s theory and Taylor’s theory comes down to two basic questions: Are workers motivated by money in the sense that Taylor stressed money as the motivation in business, or by self-actualization, such as through praise, meaningful work, and so on.

Detailed explanation-2: -Taylor believed that all workers were motivated by money, so he promoted the idea of “a fair day’s pay for a fair day’s work.” In other words, if a worker didn’t achieve enough in a day, he didn’t deserve to be paid as much as another worker who was highly productive.

Detailed explanation-3: -Maslow’s hierarchy of needs. One of the most well-known motivation theories, the hierarchy of needs was published by psychologist Abraham Maslow in his 1943 paper “A Theory of Human Motivation.” The gist is that Maslow’s hierarchy outlines five tiers of human needs, commonly represented by a pyramid.

Detailed explanation-4: -Frederick Winslow Taylor is known as the Father of Scientific Management, which also came to be known as “Taylorism.” Taylor believed that it was the role and responsibility of manufacturing plant managers to determine the best way for the worker to do a job, and to provide the proper tools and training.

Detailed explanation-5: -Taylor’s was based on the view that money motivates people. Pay is based on the output per employees (called piece-rate). Employees would do as they were told because if they followed instructions they would be more productive and earn more.