2.3 Leadership and Management

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Intrinsic Motivation

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2.3 Leadership and Management - IB Business HL and SL

4 Terms

1

Intrinsic Motivation

  • Motivation that is driven by an interest

  • Exists within the individual

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2

Extrinsic Motivation

  • comes from the outside of an individual

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3

What is the importance of motivation

  • Higher staff morale and job satisfaction → higher productivity and quality

  • Better industrial relations → reduces conflict in the workplace

  • Lower absenteeism → staff have incentives to show up at work

  • Improves corporate image → helps to attract customers and potential employees

  • Higher profitability → generated from combining the above benefits

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4

Taylors

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