BUISENESS MANAGEMENT
BUSINESS PLANNING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Profitability
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Sustainability
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Market Share
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Employment
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Detailed explanation-1: -A motivated workforce operates so effectively that things just get done. These employees have the desire, willingness and energy to produce at a high level without needing to be told what to do, how to do it, who should do what, when it needs to be done or what the end result should be.
Detailed explanation-2: -Employee motivation refers to the factors that drive employees to put their best efforts into their work. Motivated people are industrious, creative, dependable, and thoroughly engaged in what they do. When you find the right ways to motivate your employees, turnover becomes a non-issue and employee productivity soars.
Detailed explanation-3: -Having a motivated workforce has a range of advantages, such as lower levels of absenteeism, retention of workers and low levels of staff turnover, improved relations between management and workers, improved worker performance, improved quality and improved customer service.
Detailed explanation-4: -Increased productivity: Employees who are motivated carry out their responsibilities to the highest standard; production numbers increase as a result of this, in fact, Hay Group’s research on employee motivation proved that offices with motivated employees are 43% more productive.