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AS / Level – Business (9609) – [Essays] – PAPER 1 AATIK TASNEEM | AS / LEVEL: BUSINESS (9609) | 03041122845 2
AS / Level – Business (9609) – [Essays] – PAPER 1 AATIK TASNEEM | AS / LEVEL: BUSINESS (9609) | 03041122845 3 OUTLINE Def > Self Actualization > This is the ability of a worker to reach their full potential. Method 1 > Job Enrichment > increasing the skill + complexity of the job + vertical expansion > decreasing supervision > encourages workers to take decision and responsibility > employee feeling self-accomplished > increases motivation > increases productivity > workers perform better > deal with clients better > becomes a USP > charge higher prices > earn profits > reinvest to keep the workers motivated. Method 2 > Empowerment > give workers the freedom to control their own way of working > workers choose when they want to work + manage their working hours accordingly > maintains work-life balance > increases production > higher productivity > lower cost per unit > passed in the form of low prices > increases profits > used to give perks > increases worker satisfaction.

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