4. State & explain the various financial & non-
financial incentives to motivate the people in an
organisation.
Answer / Kamlesh Kumar Verma
Financial incentives are rewards or bonuses that are tied directly to an employee's performance. Examples include salary increases, bonuses, and commission. Financial incentives can be effective motivators as they provide tangible rewards for reaching specific goals.
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state the importance of fixed maximum fiduciary system
A. State in your own words what Little’s Law means. Describe an example that you have observed where little’s Law applies. B. “You don’t inspect quality into a product; you have to build it in.” Discuss the implications of this statement
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