examine the role of money,as a significant motivator,in the
present inflationary conditions.
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Answer Posted / Suneel Kumar Chaudhary
"Money plays a crucial role as a motivator in various aspects of life and in the current inflationary conditions, it becomes even more important. Inflation erodes purchasing power, making money a key factor for people to meet their basic needs and maintain their standard of living. For businesses, money is essential for survival, growth, and ensuring employee satisfaction. However, relying solely on monetary rewards may not always be effective in creating a motivated workforce, as intrinsic factors such as recognition, purpose, and personal development also play significant roles."
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