Motivation Theories and Source of Funds for Zylla Limited

   

Added on  2023-06-10

7 Pages1481 Words464 Views
Introduction of business
studies
Motivation Theories and Source of Funds for Zylla Limited_1
Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY ..................................................................................................................................1
Motivation theory ........................................................................................................................1
Source of funds for Zylla Limited...............................................................................................2
CONCLUSION ...............................................................................................................................4
REFERENCES................................................................................................................................5
Motivation Theories and Source of Funds for Zylla Limited_2
INTRODUCTION
Motivation refers to process which initiate, maintains and guide specific behaviour among
different person. It provide ways to business in which they can encourage their staff members to
contribute their best in order to provide success to business (Murnieks, Klotz and Shepherd,
2020). It is considered as integral part of process in which managers of company create urge and
willingness among employees to give their best for attainment of goals and objectives. This
project report includes analysation of new discount stores of Tesco which is Jack Store. It is part
of on going strategy of Tesco that assist them to get competitive position in market against Aldi
and Lidl. This project report includes analysation of motivational theories that satisfy
requirement of Tesco management. It also consist advantage and disadvantage of these theories
in Jack discount stores.
MAIN BODY
Motivation theory
Motivation theory can be described as understanding of drives of a person in order to work for
specific goal as well as outcome. It is important member of society and also for business and
management (Alsawaier, 2018). It helps business to employees that make their employees more
productive. There are basically two types of motivational theories there which create impact over
motivation of a person. Explanation of these motivation theories are mentioned below:
Content theories:
It is one of theory of motivation that focus on what and focus on different aspect like what
people feel related to needs of their lives. As per this theory, motivation of people is based on
acquisition of different things which is required by a person. There are different types of theories
included in this theory which are mentioned below:
Maslow Hierarch of need theory: It is one of theory which was given by Abraham
Maslow in the year 1950. It is a theory that focus in different type of needs of a person
like social needs, safety needs, self esteem needs, basic and self actualisation needs
(Dörnyei, 2020).
Alderfer's ERG theory of need: It is a motivation theory that was introduced by Clayton
Alderfer in the year 1960. It is a theory which consist three types of needs like
relatedness, growth and existence.
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Motivation Theories and Source of Funds for Zylla Limited_3

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