Discuss Some of the Institutions and Activities in International Banking

question 154

Essay

Discuss some of the institutions and activities in international banking and finance.

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Definitions:

Need Motivation Theories

Psychological theories that propose people are motivated by the desire to fulfill basic needs such as safety, belonging, and self-esteem.

Content Theories

Theories that explain why people have different needs at different times and how these needs motivate behavior, such as Maslow’s hierarchy of needs, Alderfer’s ERG theory, McClelland’s need theory, and Herzberg’s two-factor theory.

Process Theories

Theories that describe the cognitive processes through which needs are translated into behavior, such as equity theory, expectancy theory, and goal-setting theory.

Motivation

Motivation is the internal drive or external stimulus that prompts an individual to take action toward achieving a goal.