This report explores the various theories of motivation, including Maslow's hierarchy of needs, Alderfer's ERG theory, and McClelland's achievement motivation theory. It applies these theories to the case of Mark and Spencer, a multinational company based in London, UK, that operates in the clothing, home products, and food products sectors. The report examines how Mark and Spencer uses traditional cost-cutting methods, employee rewards and awards, and open communication to motivate its employees.