Thursday, February 20, 2020
The Role Motivation of Motivation in Curiosity and Creativity Essay
The Role Motivation of Motivation in Curiosity and Creativity - Essay Example In the classroom, motivation plays a significant role in learning in which in order for a student to attain its maximum, he must be an active participant in the learning process. He should focus his attention on the learning tasks and perceive it as a meaningful whole. He should be able to see the significance, meanings, implications, and applications that will make a given experience understandable leading to the reinterpretation of his behavior when they are not attained. All these can be possibly undertaken if the individual possesses a strong level of motivation. Again, curiosity plays the role of a buffer object to motivation. In the teaching-learning process, the learner needs to be motivated in order to undertake all academic tasks successfully. The most effective learning takes place when there is a maximum level of mental activity, which is attained through strong motivation; hence, motivation is basic to learning. Motivation is said to be a process in which the individual's attention and interest are aroused and directed toward definite goals (Gawel 2006), to the extent that his basic and acquired needs are involved. An individual is born with certain basic needs that seek expression and the extent to which he seeks these needs is conditioned by environmental influences and experiences. These experientially modified needs become the motivators of the individual, alongside stimuli that capture his curiosity and interests. Man possesses a built-in mechanism that pushes him to move forward, accomplish a certain task, and achieve a goal. By doing so, he intrinsically feels a certain degree of sense of achievement and a self-validation that erases self-doubts. Curiosity is the starting point of this, trailing the individual towards the path of motivation, which in turn, leads him to the attainment of his goals. Maslow's hierarchy of needs gives comprehensive scrutiny of how a felt need motivates an individual to accomplish it and satisfy the next levels thereafter. His theory clearly shows that the felt need is the element that makes the individual become motivated in acting upon certain tasks. The learning environment should always foster a felt need, commonly through creativity and curiosity, that the learners would, in turn, be motivated to satisfy it.Ã
Tuesday, February 4, 2020
Mergers and acquisitions process Essay Example | Topics and Well Written Essays - 1000 words
Mergers and acquisitions process - Essay Example Despite these findings, companies continue to adopt an M&A strategy for several reasons. One reason is that M&A meets the desire of firms to survive by growing. Another is that the bidding firm either has free cash flow (and cash is king!) or wants to get the free cash flow of the target firm. A third reason points to so-called agency problems between the managers of the bidding firm and the owners of the firm, where managers want to get a larger share of the rewards for taking risks and managing the firm. Another reason is that managers of the bidding firm are overconfident and proud. The fifth reason is the bidding firm might gain some benefits by implementing the M&A strategy that, by putting two firms together, may result in valuable, rare, and costly to imitate advantages. It can also happen that a bidding firm sees some hidden sources of competitive advantage in the target that competitors do not see or that the managers of a target firm either do not realize or could not turn into a source of competitive advantage. This is where a bidder can be justified for merg ing with or buying a target firm because the two firms would create an added advantage (synergy) over other competitors through economies of scope or scale. Implementing M&A is difficult and demands very good managers because the cultures of both firms may be very different. In the case of international M&A, this strategy may be costly because of differences in country cultures (like when Renault of France bought Nissan of Japan) and would need good managers to succeed. An ideal cross-country M&A is one where economies of scope can be gained without having to integrate the different firm and country cultures. Case 3-1: eBay eBay is a pioneer online auction firm that had to decide how to create more value from a new strategy of going into on-line auction drop-off selling to increase sales. Drop-off selling refers to selling items online for other people, with a seller or consignee collecting items for sale from the client or consignor. The consignee handles the whole listing and selling process and then pays the proceeds of the sale to the client, less the commission. This would capture sellers who have items to sell but who neither have the time nor the patience to advertise these items on-line. The company's initial success, built on a first-mover advantage as an on-line auction site, became the foundation for a cost leadership growth strategy achieved by offering low listing fees. In the process of accelerated growth in numbers of customers and sales volume, eBay developed into an on-line community that offered unmatched speed, safety, and security through an effective member feedback mechanism where users rated each other for every transaction made. eBay's profits grew by attracting more buyers and building the infrastructure needed to support both buyers and sellers. However, like brick-and-mortar shops, eBay's sales were seasonal, spiking during the holiday season but remaining flat the rest of the year. The drop-off selling strategy, a form of diversification into a related business that would add value to the core business of on-line auctions, was designed to increase customer traffic to its sites by making it easier for sellers to list their goods and for buyers to enjoy a wider variety of products to choose from. It also allowed eBay to transact high value-added items and compete with the more established
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