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Posted by Řøhăň Řąjpůť ✌️✊ 6 years, 8 months ago
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Aniline does not undergo Friedel craft's reactions because the reagent AlCl3 (the Lewis acid which is used as a catalyst in friedel crafts reaction), being electron deficient acts as a Lewis base.
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Financial Incentives - Financial incentives refer to direct monetary incentives offered to the employees to motivate or reward people for better performance. The following are some of the financial incentives used in the organisations.
i. Salary and Allowances: In every organisation salary and allowances given to the employees forms the basic form of financial incentive. Regular raise in salaries and grant of allowances acts as a motivation for the employees.
ii. Performance Based Incentives: Often organisation offer monetary rewards for good performance. This induces the workers to improve their efficiency and performance.
iii. Bonus: Bonus refers to the extra reward over and above the basic salary. It can take the form as cash, gifts, paid vacations, etc. For example, some organisations grant bonus during festival times such as Diwali bonus.
iv. Stock Option: Under this incentive scheme, the employee is offered the shares of the company at a price lower than the market price. This instils a feeling of ownership and belongingness in the employee and urges him to contribute towards the goals of the organisation.
v. Sharing of Profit: Herein, the organisation shares a portion of the profit with its employees. This encourages the workers to contribute actively towards the growth of the organisation.
vi. Retirements Benefits: Many organisations offer certain retirement benefits to its employees such as pensions, gratuity, provident fund, etc. This provides a sense of security and stability to the employees.
vii. Fringe Benefits: Besides the basic salary an organisation may offer certain additional advantages also to its employees such as housing allowance, medical allowance, etc.
Non Financial Incentives - Non-financial incentives refer to those incentives that focus on non-monetary needs of the employees such as the social and psychological needs. The following are some of the non- financial incentives used in the organisations.
i. Position: Rise in status in terms of power, authority, responsibility provides a psychological boost to the employees. For example, a promotion may satisfy the esteem and self actualisation needs of an individual.
ii. Organisational Characteristics: Certain characteristics such as employee freedom, recognition of performance, incentives and rewards play an important role in influencing the behaviour of the employees. For example, if the employees get due recognition for their performance, it encourages them to work more efficiently.
iii. Work Enrichment: Often, a challenging work endowed with greater responsibility and requiring higher knowledge and skill enhances the interest of the employee. It provides the employee prospects for personal growth. Thus, it proves to be a good source of motivation for him.
iv. Career Opportunities: If the organisation is endowed with appropriate growth and career opportunities for its employees, it strives then to perform better and thereby, climb the professional ladder.
v. Job Security: An employee should have a certain extent of security regarding his association with the organisation. Constant fear of losing the job hampers their efficiency. However, a complete security can also result in loss of interest in work.
vi. Involvement: If an organisation allows the participation of the employees in the policy and decision making matters, then it instils a feeling of belongingness in them and motivates them to work towards the organisational goals.
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Migration of people from villages to cities has been a regular feature not only now but it has been a trend through ages. People move to cities to have better living conditions. There are more opportunities in cities to earn money. Cities provide not only opportunities but avenues also to achieve what one dreams. People migrate for better opportunities in education, trade, medical facilities, business and recreation. Facilities for travel to long distances by air or train also prompt people to migrate to cities. Communal and religious clashes, caste issue are other factors that lead to the migration.
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1. An indifference curve always slopes downward. It implies that to increase the consumption of X-good,the consumer has to reduce the consumption of Y-good so that to remain at the same level of satisfaction .
2. An indifference curve is convex to the origin. This property is based on the principle of diminishing marginal rate of substitution. It implies that as the consumer substitute X for Y, the MRS between them goes on diminishing.
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