Contemporary Business Issues : Assignment
Added on 2021-02-21
13 Pages3690 Words92 Views
Professional DevelopmentPhilosophyStatistics and Probability
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Introduction toResearch inContemporaryBusiness Issues
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Table of ContentsINTRODUCTION...........................................................................................................................1LO1 .................................................................................................................................................1a. Description of theory of psychological phenomenon and employee satisfaction...................1b. Identification of a topic followed by two questions................................................................4LO2..................................................................................................................................................5c. Explanation of various methodologies along with comparison and contrast..........................54. Identify the methodology to be use for using research questions along with justification.....7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONBusinesses operate in an environment which is full of challenges and the level offluctuations is high. There are issues that revolve around organizations carrying their operationswhich affect the decisions (DesJardins and McCall, 2014). Contemporary business issues canrange from uncertainty about future, financial management, reviewing performance, recruitmentof suitable candidates, technology and many more. This report, explains a theory which has beendeveloped to understand psychological phenomenon and employee satisfaction. In addition tothis, its concept, propositions along with three examples of previous research have also beenincluded. Furthermore, some questions have been developed regarding the chosen topic andmethodologies have been identified followed by a comparison. In addition to this, reflectivemodels have been applied to understand the research process, theoretical perspective andmethodological approaches. LO1 a. Description of theory of psychological phenomenon and employee satisfactionPsychological phenomenon refers to the behaviours of the individuals and the responsesto different situations. It is connected with the attitude of a person and the way of thinking. Onthe other hand, employee satisfaction means the factors which affect the level efficiency to workwithin the organization (Jose and Mampilly, 2012). These can range from compensation,workload, perceptions of management, flexibility, teamwork and so on. In order to understandthe nexus between psychological phenomenon and employee satisfaction, Herzberg MotivationTheory has been chosen. This theory is also known as “dual-factor theory”, Motivation-Hygiene theory” or “twofactor theory”. It was developed in the year 1959 by Frederick Herzberg who was an Americanpsychologist. He tried to present the nexus people's motivation and job satisfaction on the basisof outcomes obtained from the research conducted by him. This theory suggests that, there arefactors in the job which can be divided into satisfaction and dissatisfaction (Alshmemri,Shahwan-Akl and Maude, 2017). The former includes achievement, recognition, responsibility,advancement, growth and the work itself and latter is about company policies, supervision,salary, status, security and similar elements. According to the author, motivational factors arehelpful in providing positive satisfaction to employees working in the organization. On the other1
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hand, hygiene factors are compulsory at a workplace to keep the staff feel motivated for a longterm. Fig 1. Herzberg's Two Factor TheorySource: GoogleThe propositions of this theory is that, hygiene factors may not be prime requirements ofan employee but these are demanded to be there in the organization. These include workingconditions at workplace, relations with the colleagues, policies and rules, supervisor quality etc.These are main reasons which can make the workforce feel dissatisfied (Malik and Naeem,2013). On the contrary, motivation factors such as recognition, personal growth, advancementetc., have the capabilities to provide higher motivation to the workforce. There should be aconnection between these in order to retain the good performing individuals for a long time.Furthermore, higher motivation provides greater psychological satisfaction to people working in2
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