Motivation theory of Business Studies

There is no denying the fact that Motivation is a process in which effective work force environment among the organisations is possible to be developed in a systematic manner. There are so many methods of motivation out of which face to face interview, open ended question, creating awareness by providing proper incentives, facilities provided essential for them to work, congenial atmosphere, equipment as required for producing goods and services are main.

According to A.H Mas-loo, a famous economist, there is a specific need pyramid with which the people can be motivated to achieve economy, efficiency and effectiveness. These are: Physiology, safety, security, egoistic and self actualization need. Under the auspices of such needs, the targeted goals can be achieved virtually. The embryonic countries constantly demonstrate a predisposition to bring in the policy pronouncement of highly developed countries in their delicate resources despite the shifting of overall socio-economic procedure virtually. In bonafide world state of affairs aspects that next to influence the strategy decisions of budding countries are found fictional in progressive countries. It is evident that reserve constraints and technical non-progressive phenomena are two focal setting that formulate the budding countries reliant upon the advanced countries. The highly developed countries make available financial assistance for the economic development of the developing countries through unusual multilateral and bilateral donor agencies, which are officially termed as

Despite continued financial assistance, the alarming poverty rate persuaded the Bank to think about the effectiveness of its financial assistance. Presently the Bank as policy shift has declared its overarching mission in Bangladesh is the ‘Poverty Alleviation’. Five themes underpin the Bank’s strategy to help reduce poverty in Bangladesh:
  •  helping to improve macroeconomic management essential for rapid and sustainable economic growth which is a precondition for poverty reduction
  • promoting a competitive private sector as the engine of growth
  • promoting better public-sector management and better public services accessibility by the poor
  • accelerating agricultural growth and rural development where the vast majority of the poor live, and
  • promoting faster and fairer human development to reduce malnutrition and the burden of ill health and enhance access to education (The World Bank, 1998)

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