BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It has to do with motivating people, paying them well and taking cared of their interest.
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Money Has Time Value
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Risk Return Trade Off
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Cash Flows Are Source of Values
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Individuals Respond to Incentives
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Explanation:
Detailed explanation-1: -While motivational incentives are external rewards by definition, they aren’t always tangible or monetary. Therapists, coaches, and important others in a client’s life can provide strong incentives through positive influence, support, and knowledge of what a client finds desirable.
Detailed explanation-2: -Salary – It is the basic Financial Incentive for any employee to work diligently for the organisation. It includes components like basic pay, house rent allowance, dearness allowance and other such benefits.
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