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The Three Major Functions of Business Organizations

question 15

Multiple Choice

The three major functions of business organizations:

Understand the concept and definition of motivation including its biological, emotional, cognitive, or social aspects.
Identify and describe various theories of motivation (instinct, drive, incentive, humanistic, arousal).
Distinguish between innate and learned aspects of motivation.
Critique instinct theories and understand their limitations in explaining human behavior.

Definitions:

Greater Opportunity

Increased chances or favorable circumstances for success or advancement.

Simultaneous Increase

The occurrence of two or more variables or factors growing or expanding at the same time, often in a related or interconnected manner.

Promotion

The advancement of an employee to a higher position or rank within an organization, typically associated with increased responsibilities, authority, and pay.

Total Compensation

The complete reward package a worker receives, including salary, benefits, bonuses, and any other form of pay for services.

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