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Reward schemes, employee of the month, Maslow’s hierarchy of needs, Herzberg’s Two-Factor theory, motivation business management

Reward Schemes for Motivation: Strengths, Issues, Design

Reward schemes are implemented for the purpose of motivating employees to improve their performance and contribute more to the business organization’s financial performance. Reward schemes like “Employee of the Month” …

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External analysis of The Coca-Cola Company and its business environment using Porter’s Five Forces and PEST

External Analysis of The Coca-Cola Company

The Coca-Cola Company is analyzed in terms of the business organization’s performance with regard to the situation of the beverage industry. Emphasis is on the Five Forces according to Porter’s …

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New technology effect on perfectly competitive market with constant demand, impact on firms, industry, market equilibrium

How New Technology Affects Market Equilibrium in Perfect Competition

The introduction of new technologies can change market conditions and influence competition. Market equilibrium adjusts according to the overall effects of newly introduced technologies. The introduction of the new technology …

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Social exchange theory, data, information, knowledge, knowledge management, knowledge sharing, and knowledge coaching in business organizations

Knowledge in Business Organizations (Social Exchange Theory & Knowledge Coaching)

Organizations acquire, generate, and use data, information, and knowledge. In information systems theory, the organization is viewed as an information system involving these processes. Data, information, and knowledge are used …

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