Business Ch 6.1

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12 Terms

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Motivation

internal and external factors that drive people towards the goal

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Productivity

the amount og goods or services produced per worker or unit of output

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Labour turnover

The proportion of employees leaving a business over a specific time period

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Benfits of high motivation on costs

Reduces business costs by increasing employee productivity and operational efficiency

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Impact of Motivation on Product Quality

Higher motivation improves product quality and reduces waste from defective goods

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Impact of Motivation on Customer service

Motivated staff provide better service, improving customer loyalty and competitive edge

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impact of motivation absenteesim

HIgh motivation lowers rates of lateness and absenteeism

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Consequences of Low motivation Motivation

Lower output, higher turnover, increased workplace accidents, and higher unit costs

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low motivation and trade unions

can cause industrial action, workplace disputes, and union intervention

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Basic human needs

essential survival elements like food, shelter, and social belonging

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Human needs: Social connection

the desire to belong to a group, satisfied by teamwork and collaborative roles

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human need: challenge

the desire for growth, satisfied by varied tasks and promotion opportunities