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Products have a limited life and thus every product has a life cycle. Product sales pass through distinct stages, each posing different challenges, opportunities, and problems to the seller. Products require different marketing, financing, manufacturing, purchasing, and human resource strategies in each life cycle stage.
Employee motivation is an intrinsic and internal drive to put forth the necessary effort and action towards work-related activities. It has been broadly defined as the "psychological forces that determine the direction of a person's behavior in an organisation, a person's level of effort and a person's level of persistence". [1]
Goal setting theory has been criticized for being too narrow in focus to be a complete theory of work motivation as goals alone are not sufficient to address all aspects of workplace motivation. In particular, it does not address why some people choose goals they dislike or how to increase intrinsic rather than extrinsic motivation. [ 67 ]
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Quality of working life (QWL) describes a person's broader employment-related experience.Various authors and researchers have proposed models of quality of working life – also referred to as quality of worklife – which include a wide range of factors, sometimes classified as "motivator factors" which if present can make the job experience a positive one, and "hygiene factors" which if ...
Life-cycle assessment (LCA or life cycle analysis) is a technique used to assess potential environmental impacts of a product at different stages of its life. This technique takes a "cradle-to-grave" or a "cradle-to-cradle" approach and looks at environmental impacts that occur throughout the lifetime of a product from raw material extraction, manufacturing and processing, distribution, use ...
Goal progress is a measure of advancement toward accomplishment of a goal. [2] Perceptions of progress often impact human motivation to pursue a goal. [3] Hull (1932, 1934) developed the goal gradient hypothesis, which posits that motivation to accomplish a goal increases monotonically from the goal initiation state to the goal ending state.
He also originated the concepts of lifestyle (1929—he defined "lifestyle" as an individual's characteristic approach to life, in facing problems) and of self-image, [30] as a concept that influenced management under the heading of work-life balance, also known as the equilibrium between a person's career and personal life. [31]