This Question Contains Multiple Parts;be Sure to Answer Each

question 70

Essay

This question contains multiple parts;be sure to answer each.First,what is motivation,and why is it important for managers to understand how motivation works? Second,suppose that you are the manager of a Goodwill store.People make donations to the store as charitable contributions,and then the store sells the items to raise money for its charitable projects (mostly providing job training and employment placement services for people who have difficulty finding work).Name at least one extrinsic reward and one intrinsic reward you might use to motivate employees at the store.

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Definitions:

Callable Bond

A type of bond that gives the issuer the right to repay the bond before its maturity date at a predetermined price.

Buy Back

The process by which a company repurchases its own shares from the marketplace, reducing the amount of outstanding stock.

Maturity

The time at which a financial instrument (such as a bond, loan, or investment) becomes due for payment or expires.

Protective Covenants

Clauses in a loan agreement that limit certain actions of the borrower to protect the lender, ensuring the borrower's ability to repay the debt.