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The psychology of collecting is an area of study that seeks to understand the motivating factors explaining why people devote time, money, and energy making and maintaining collections. There exist a variety of theories for why collecting behavior occurs, including consumerism, materialism, neurobiology and psychoanalytic theory.
In economics, the profit motive is the motivation of firms that operate so as to maximize their profits.Mainstream microeconomic theory posits that the ultimate goal of a business is "to make money" - not in the sense of increasing the firm's stock of means of payment (which is usually kept to a necessary minimum because means of payment incur costs, i.e. interest or foregone yields), but in ...
It is the responsibility of coaches not just to advise and instruct athletes on training plans and strategies but also to motivate them to put in the required effort and give their best. [158] There a different coaching styles and the right approach may depend on the personalities of the coach, the athlete, and the group as well as the general ...
If you’re like most people, you’re probably resolving to save more money in 2024. A new GOBankingRates survey of more than 1,000 adults found that one in four people — the largest group of ...
Bernard Arnault, CEO of luxury conglomerate LVMH, once said: “As long as I’m not the richest man in the world, I won’t really be happy.” Luckily for Arnault, with a net worth of $200 ...
Incentives are most studied in the area of personnel economics where economic analysts, such as those who take part in human resources management practices, focus on how firms make employees more motivated, through pay and career concerns, compensation and performance evaluation, to motivate employees and best achieve the firms' desired ...
Quiet millionaires make it their business to learn the dangers of debt and the virtues of compound interest, as well as how markets work and why hyped investments don’t. They’re in it for the ...
Drive: The Surprising Truth About What Motivates Us is a non-fiction book written by Daniel Pink. The book was published in 2009 by Riverhead Hardcover . It argues that human motivation is largely intrinsic and that the aspects of this motivation can be divided into autonomy , mastery , and purpose . [ 1 ]