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Motivation Techniques of Jack

   

Added on  2023-01-13

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Task 3:Motivation
Techniques of Jack
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Motivation Techniques of Jack_1

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Motivation and its importance................................................................................................3
Theories of Motivation...........................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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Motivation Techniques of Jack_2

INTRODUCTION
The provided report is based on Jack Stores which is part of TESCO that is discount
stores founded management of respective organisation for dealing and bidding extensive
competition occurring at United Kingdom market (Costa and Lowery, 2016). TESCO is highly
renowned and leading retail outlets at UK market. For maintaining their business standards at
national level, it came with new and innovative thought of discount stores for consumers. The
purpose of given assignment is to cover overview of motivation along with significant for
business. It has also covered two different motivation theories that helps organisation to motivate
and encourage their working force at their new outlets to enhance profit margins and sales.
MAIN BODY
Motivation and its importance
It is defined as desires, drivers, wants, needs within individuals. This is referred as
procedure to stimulate people to perform actions in order to accomplish set goal and objectives.
Motivation is driving elements that assist people to perform work as per need and requirements
of organisation (Hagger and Chatzisarantis, 2016). Business working at global level helps in
motivating employees to rise productivity and profitability of organisation. As business takes
initiatives to fulfils need and demand of working force which helps in building trust within
themselves and staff become loyal and trustworthy towards organisation. This leads to resource
capitalisation and capabilities to attain set outcomes in given time period. Thus, it is manager's
responsibility to motivate their employees for accomplishment of their goal as well as objectives
in given period of time.
Theories of Motivation
TESCO is regarded as leading organisation in retail sector that has covered domestic
market within given time period. Here, top management of TESCO organisation has came across
competitive rivalry in retail sector. This resulted into threat of positioning of respective
organisation at UK market. The rise in competitive leads consumers to go for companies such as
ALDI and LIDL due to low prices or discounts charged by them for products as well as services.
After going through such phase, TESCO's management has decided to set up Jack Stores
at discount in future aspects. This is regarded as discounted store that will be founded at market
of UK to increase sales and deal with competitors like LIDL and ALDI that is already dealing to
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Motivation Techniques of Jack_3

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