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What Is Motivation,and Why Is It Important for Managers to Understand

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Essay

What is motivation,and why is it important for managers to understand how motivation works? What do managers need to motivate people to do?


Definitions:

General Partner

A type of partner in a partnership who is responsible for the day-to-day management of the partnership and is personally liable for the partnership's debts.

Misapplication Funds

Refers to the wrongful use or allocation of funds that were intended for a specific purpose.

Partnership Relationship

The legal and operational relationship existing between partners in a business venture, governed by a partnership agreement.

Obligations

Duties or responsibilities imposed by law, contract, or social norms.

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