Finance and Financial Management: Functions and Sources of Finance

Project Template for IBS on HR Case Study
Introduction – (100 words)
The main objective of the report involves the importance and concepts in relation to the business
studies. The present report comprises of the various motivational theories, background of the
organization, concept of finance management, sources of finance and much more.
Motivation Theories – (400 words)
The concept of motivation basically involves stimulating the behavior of individuals by making
them strive voluntarily towards attainment of company's aims and objectives. In reference to
organization, there are various factors such as opportunity for advancement, rewarding for hard
work, empowerment and responsibility, a sense of achievement and much more (Zartman,
2022).
Maslow's Hierarchy of Needs generally comprises of the different theories of motivation and
involves basically five categories of human needs which supports in dictating the individual's
behavior. The needs are generally presented in the form of a pyramid.
Physiological Needs: It basically shows the lower level of needs and involves basic needs such
as water, clothing, rest, health and reproduction. In reference to Tesco, the company offers
sufficient salaries and breaks to their employees.
Safety Needs: In reference to company, the safety needs generally comprises of emotional
stability, security and protection. In reference to Tesco, it basically comprises of safe
environment, retirement benefits, job security etc (Jackson, 2022).

Love and Belonging needs: In reference to social needs, it basically comprises of emotional
bonds, family bonds, friendship and much more. In case of TESCO, the organization carries out
team working activities and social events.
Esteem Needs: The self-esteem needs generally comprises of self esteem, ego driven needs and
self respect. In case of TESCO, the organization rewards their employees for better performance.
Self actualization needs: In case of self actualization, it basically involves needs such as
education, self fulfillment, skill development and much more. In context to Tesco, the
organization supports their employees in developing skills and competencies (Dörrenbächer and
Gammelgaard, 2019).
In context to Tesco, the company aims to motivate their employees through paying attention to
the hygiene factors. With the help of understanding the Herzberg and Maslow theory, it helps in
demonstration of the fact that the employees are motivated by various factors.
Herzberg Two Factor Theory: This theory basically states that there are various factors in the
workplace which helps in creating job satisfaction. With the help of this theory, it really helps the
company in truly motivating the employees and how a organization need to create conditions
which could make the employees feel fulfilled in the workplace. In case of TESCO, the
organization aims to motivate its employees through paying attention with the help of enabling
satisfiers and paying attention to the different hygiene factors.
Case Study of Selected Company – (70 words)
TESCO is a British based general merchandise and multinational groceries retailer
founded in the year 1919 and headquartered in Welwyn Garden City, England. The organization
is basically considered to be the third-largest retailer as per the gross revenues. The company