business

What is motivation in the workplace?

Motivation refers to the factors that influence workers' behavior towards achieving business goals.

What are common factors that influence motivation at work?

Factors include money, job security, training, promotion, status, responsibilities, and work environment.

What are the benefits of a well-motivated workforce?

Benefits include improved productivity, low rates of absenteeism and labor turnover, better quality goods and services, and improved labor productivity.

What is F.W. Taylor's Scientific Management Theory?

Taylor's theory aims to reduce inefficiency in the workplace by finding the quickest method of performing tasks and training all workers to use this method.