Over the last couple of weeks, we have read about accounting and decision making. We are going to apply these concepts to your idea from week 2.
Provide a cost/benefit analysis for your idea. Make sure to mention any sunk or opportunity costs involved in the implementation of this policy as well as the long-term increase in projected profitability. You are permitted to use fictional numbers as far as costs go, but you should provide research to support any opportunity costs or projected profitability. You can find industry averages for various program costs and projected benefit
Motivation in an organization has to result in a positive change in organizational behavior. Montibeller and Von Winterfeldt (2015) argue that it will be inconsequential to have a motivation program whose effects on the returns of the organization are negligible. I believe that the motivation scheme of a company should be objective; there should be a target behavior that the management expects from the workforce. One of the issues that I have noticed from my workplace is that the management awards gifts and other motivational tools such as holidays to people that have met what is considered exemplary performance. However, one of the issues with the motivational programs is that the management seems not to have a defined approach that determines how people are xxx the gifts and other xxx tools. I believe that the xxx should have a xxx where it evaluates how xxx employee efforts xxx contributed to the xxx of the business. Considerably, I have xxx that any xxx effort is xxx. However, motivation should not…