If Your Business Were to Analyze the Ways It Currently

question 54

Multiple Choice

If your business were to analyze the ways it currently operates and determine ways to improve its operations, what type of analysis would it be conducting?

• A) Strategic analysis
• B) Value chain analysis
• C) Innovative analysis
• D) Procedural analysis

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Definitions:

Dual Factor Theory

A need-based theory proposed by Frederick Herzberg, dual factor theory identifies motivators and hygiene factors as two sets of conditions at work that can satisfy needs. Research into this theory, however, has provided little empirical support for its model.

Job Enrichment

Job enrichment is a method of job design aimed at increasing employees' satisfaction and performance by adding more meaningful tasks, giving more control over how tasks are accomplished, and encouraging personal growth.

Motivator Side

The aspects of a job or environment that can increase employee satisfaction and motivation, typically including factors like recognition, achievements, and personal growth.

Physiological Needs

The basic, essential human requirements for survival, such as food, water, shelter, and sleep, as outlined in Maslow's hierarchy of needs.