Discuss Why It Is Generally Undesirable for Approaches to Motivation,compensation,and

question 64

Essay

Discuss why it is generally undesirable for approaches to motivation,compensation,and people management to avoid the use of negative consequences or punishment if performance targets are not achieved or if particular people are habitual underperformers and why striking a balance between rewards and punishment generally works better.

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Definitions:

Economic Activities

Actions that involve the production, distribution, and consumption of goods and services in an economy.

Economic Condition

Economic Condition refers to the state of an economy at a given time, considering factors like GDP growth rates, unemployment, inflation, and market stability.

Accounting

The systematic process of recording, analyzing, and interpreting the financial transactions of a business.

Statement of Cash Flows

A financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.