Imagine you are the Manager of the investment department of a Financial Institution ABC Corporation. You have five team members in your department. The CFO of the organization gave you a target to get investment or business worth Tk100 million in the first quarter of 2021 which is conservative yet challenging during this Pandemic. In this given situation, how will you implement the Goal Setting Theory to motivate your team members to achieve the target given by the top management?
Imagine you are the Manager of the investment department of a Financial Institution ABC Corporation. You have five team members in your department. The CFO of the organization gave you a target to get investment or business worth Tk100 million in the first quarter of 2021 which is conservative yet challenging during this Pandemic. In this given situation, how will you implement the Goal Setting Theory to motivate your team members to achieve the target given by the top management?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Imagine you are the Manager of the investment department of a
Financial Institution ABC Corporation. You have five team members in
your department. The CFO of the organization gave you a target to get
investment or business worth Tk100 million in the first quarter of 2021
which is conservative yet challenging during this Pandemic. In this given
situation, how will you implement the Goal Setting Theory to motivate
your team members to achieve the target given by the top
management?
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