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Concept of Motivation

The term ‘motivation’ has been derived from the word ‘motive’. Motive may be defined as an inner state of our mind that activates and directs our behaviour. It makes us move to act. It is always internal to us and is externalized via our behaviour. Motivation is one’s willingness to exert efforts towards the accomplishment of his/her goal.  Definitions Fred Luthans defined motivation as a “process that starts with a physiological or psychological deficiency or need that activates behaviour or a drive that is aimed at a goal or incentive” . According to Stephen P. Robbins “motivation is the willingness to exert high levels of efforts toward organisational goals, conditioned by the effort ability to satisfy some individual need”. Importance of motivation Organisations are run by people . Hence, mangers cannot afford to avoid a concern with human behaviour at work. This is because the motivated employees are more productive and quality- conscious than apathetic ones. Motivation as a perva

Intellectual Property Rights

 Indian Patent Law A patent is an exclusive right granted by the Government to the inventor to exclude others to use, make and sell an invention is a specific period of time. A patent is also available for improvement in their previous Invention. The main motto to enact patent law is to encourage inventors to contribute more in their field by awarding them exclusive rights for their inventions. In modern terms, the patent is usually referred to as the right granted to an inventor for his Invention of any new, useful, non-obvious process, machine, article of manufacture, or composition of matter. Intellectual property (IP) refers to the creations of the human mind like inventions, literary and artistic works, and symbols, names, images and designs used in commerce. Intellectual property is divided into two categories: Industrial property, which includes inventions (patents), trademarks, industrial designs, and geographic indications of source; and Copyright, which includes literary an

Indian Corporate Law Quiz Series

Dear Learner, Here is a very Simple Quiz on Indian Corporate Law. Please watch the video and answer the simple questions given in the below link. If you pass by getting  50%  and above, you will get an email from the certifyem with a beautiful certificate. Conditions: 1. Any PUC/ Graduate/ Post Graduate/ NET/ SLET aspirant/ learner can attend this quiz. 2. Scoring of 50% is compulsory for getting a certificate. 3. Watch the complete video and answer the multiple-choice questions. Quiz - Week 1   Topic:  Introduction to Indian Corporate Law Click  here  to watch the video.                Click here to attend the quiz. Quiz - Week 2   Topic:  Companies Act, 1956-2013 Click here  to watch the video.                Click here  to attend the quiz. Quiz - Week 3   Topic:  Meaning, Definition and Characteristics of Company Click First   and Second  to watch the videos.                Click here to attend the quiz. Quiz - Week 4   Topic:  Kinds of Companies Click  First   and  Second  to watc

Motivation Theories

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  Meaning The word motive derived from the word ‘motive’ which means any idea, need or emotion that prompts a man into action. It is something that moves a person into action and continues him in the course of action enthusiastically. Definition According to Dalton E. McFarland , “Motivation refers to the way in which urges, drives, desires, aspirations, strivings or needs direct, control or explain the behavior of human beings” Dubin has defined motivation as “the complex of forces starting and keeping a person at work in an organisation. Motivation is something that moves the person to action and continues him in the course of action already initiated” Maslow's theory of Hierarchy of Needs Abraham Maslow Abraham Maslow's hierarchy of needs is one of the best-known theories of motivation. Maslow's hierarchy of needs is a theory of motivation which states that five categories of human needs dictate an individual’s behavior. Abraham Maslow first introduced the concept of a

Staffing

Staffing involves the determination of manpower requirements of the enterprise and providing it with adequate competent people at all its levels. Due to the rapid advancement of technology, increasing size of organizations and complex behavior of human beings. Due importance must be given to human recourse planning, recruitment and selection, training, appraisal and remuneration of workers. Meaning It is concerned with manning various positions in the organization. According to Koontz, O’Donnel and Weihrich, “ The managerial function of staffing involves manning the organizational structure though proper and effective selection, appraisal and development of personnel to fill the role designed into the structure ”. The staffing function of management pertains to recruitment, selection, training, development, appraisal and remuneration of personnel.  The responsibility for the efficient planning and execution of staffing function rests upon every manager at all levels. Concept of Staffin

Management

Introduction Managing is one of the most important human activities. Ever since people began forming groups from the days of civilization to present days to accomplish aims they could not achieve as individuals, managing has been essential to ensure the coordination of individual efforts. As society has come to rely increasingly on group effort, and as many organized groups have become large, the task of managers has been rising in importance from mono tasking to multi tasking. All the major achievement shave been made possible though people functioning in groups. Definition There is no single universally accepted definition of the term 'management'. Different scholars and schools of management have defined it differently emphasizing one or the other. In the words of Mary Parker Follett  'management is the art of getting things done through others'. This definition emphasizes that the managers achieve organisational objectives by getting work from others and no performi

General

 Self Awareness Communication 80c

Indian Corporate Law

 Important Questions (Drafted from previous year question papers) Section A (6 marks questions) State the meaning and importance of prospectus. || What is register of members? What are its contents?| What are the contents of Register of members? State Importance of Register of members. State the facts and judicial decisions in the case Royal British Bank and Turquand. | State the facts and judicial decisions in the case Daimler Company Limited Versus Continental Tyre and Rubber Company. State the facts and judicial decision in the case Ashbury Railway carriage company Versus Riche Write a note on private limited company. Write a note on doctrine of constructive notice. What is share certificate? What are its contents? What is share certificate? Explain the provisions regarding issue of share certificate Classify the companies based on the registration. Who is the promoter? What are his functions? Write a note on proxy. Distinguish between transfer and transmission of shares.| Write a n

Prospectus

Prospectus is a document containing detailed information about the company and an invitation to the public subscribing to the shares capital and debentures. It is a document that invites the public to subscribe to the securities of a body corporate. In private companies, it is called private placement from its relatives and friends, because a private company by definition is not allowed to invite subscriptions from the public.  Prospectus is not an offer in itself, but an invitation to make an offer. Section 2(70) of the Companies Act, 2013 defines Prospectus as “Any document described or issued as a prospectus and includes a red herring prospectus referred to in Section 32 or shelf prospectus referred to in Section  31 or any notice, circular, advertisement or other document inviting offers from the public for the subscription or purchase of any securities of a body corporate.” By this definition it can concluded that, any document inviting offers from the public for the subscription