End term POM Paper 1_Siddhartha Bhasker -...
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Q1. What brings Lalit under the impression that his new project would help him grow and
evolve? Explain your answer based onthe motivational theory, you consider is most suitable
here. (3.5)
Ghbn
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Answer:
Apple is regarded as the most innovative and esteemed company in the world (Fortune 2009). According to Armstrong (2007) and Legge (2009) firms should bring into action a total reward system that puts together both financial and non-financial benefits. This is exactly what Apple has done to date and given its success, this approach has proven to be useful. Apple’s employees might even be motivated by Steve Job’s autocratic leadership style (Thomke, et al, 2009), as the positive aspects of working for the company outweigh the negative aspects of being threatened. Apple desires to have a workplace that encourages creativity from the top most management to the lower most workers. Apple puts together both outer and inner motivational methods to enable their employees to be innovative. There are various methods that Apple Inc. uses to motivate its workers. Once, the executives of Apple were rewarded by giving the recognition bonus of 3-5% of their basic salary. This recognition took place despite the fact that Apple recently missed their goal/target for a particular project (ZDNet 2003). This shows that Apple comprehends group’s efforts.
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