presentation money vs. position mgt501
TRANSCRIPT
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8/3/2019 Presentation Money vs. Position MGT501
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Name ID
Shawan Kumar Das 10364024
Suman Banik Chayan 10364011
Salma Sultana 10364060
Wazeda Tabassum 10364003
Md. Rajib Rayhan 09264002
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Money never made a man happy yet, nor will it. The more aman has, the more he wants. Instead of filling a vacuum, itmakes one.
- Benjamin Franklin
You reach a point where you don't work for money.- Walt Disney
Money never starts an idea; it is the idea that starts the money.
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It's good to have money and the things that money can buy, butit's good, too, to check up once in a while and make sure thatyou haven't lost the things that money can't buy.
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Your position gives you the right to command. It imposes on
you the duty of so living your life that others can receive your
orders without being humiliated.
- Dag Hammarskjold Success is to be measured not so much by money that one has
earned in life... as by the obstacles which he has overcome
while trying to succeed in different positions.
- Anonymous.
Love and respect do not automatically accompany a position
of leadership. They must be earned.
- Mark Twain
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We chose Position as a greater Motivating agent over Money
WHY?
To know it please stay with us
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McClelland's Need Theory
Need for power, achievement & affiliation are important in the span of
peoples career.
It also control the action of people.
So we can say that need of power, achievement is important to our
journey of life to lead the life successfully, money is not an importantfactor here.
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Maslow's hierarchy of needs
Only Physiological & safety need has
a relation with money.
More we reach at the upper level;
education, belongingness, position
comes.
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A persons satisfaction is related to what an individual does
that is, to the nature of the work he performs apparently
have the capacity to gratify such needs as achievement,
competency, status, personal worth, and self-realization, thus
making him happy and satisfied.
So money doesnt play any role as a motivating agent.
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The belief is that people value fair treatment which causes them
to be motivated to keep the fairness maintained within the
relationships of their co-workers and the organization. The
structure of equity in the workplace is based on the ratio of
inputs to outcomes. Inputs are the contributions made by the
employee for the organization.
Here as a whole output is important to a man, money is a part
of it but not all.
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There are three levels of need, money plays a less important
role here.
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This theory states that goal setting is essentially linked to task
performance.
Reaching the goal is
important, money comes
along with reaching the
goals.
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Question
Which one is more important to you?
Answer:
A. Money
B. Position
Why?
.
.
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23%
77%
Money
Position
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In favor of money:
I think in my life money is more important. Because to maintain
money I don't need position but to maintain position I need
money.
A job is a job and as long as youre working, you might as well
be making the most return for your time investment.
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In favor of Position
I think Position is the main thing. If we are in good position
automatically money will comes to us.
position comes 1st because, if you have position u can earnlater also.
Position is first because if we loose the position once its too
difficult to gain that position again but if we loose the money
we can earn in some other ways.
Money is more important & Position is Most important.
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In favor of both
Position and money both equally. Better position means my careeropportunity getting wider and if I handle my works of my position
efficiently, I will pay handsome amount for sure. Both should go hand in hand.
I hope both are important to me. To my knowledge both are directlyproportional, By the position raising, you can see the money going upautomatically, unless you are not willing. To me first comes the
position, followed by money.
I think money & position both are important. but if we are in goodposition automatically money will comes to us.
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So we choose Position over Money as a
greater motivating agent.
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Thank you for staying with us.
Any Questions?