Motivational ideas that fits into each of the four quadrants. Introduction: Motivation is generally defined as the factors that drive an individual either internally or externally towards doing better at something, enthusiasm, and the persistence to do a job. This in turn affects the productivity and effectiveness of the employee towards performing the particular job and his desire to do more than what he/she asked for. Motivations can be either monetary or non-monetary forms. It’s the manager’s duty to ensure that employees are all highly motivated and working towards achieving organizational goals, if there are short comings managers have to reassess and change the motivational plan.

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Sarah Anderson, the Marketing Manager at Exeter Township's Cultural Center, is conducting research on the attendance history for cultural events in the area over the past ten years. The following data has been collected on the number of attendees who registered for events at the cultural center. Year Number of Attendees 1 700 2 248 3 633 4 458 5 1410 6 1588 7 1629 8 1301 9 1455 10 1989 You have been hired as a consultant to assist in implementing a forecasting system that utilizes various forecasting techniques to predict attendance for Year 11. a) Calculate the Three-Period Simple Moving Average b) Calculate the Three-Period Weighted Moving Average (weights: 50%, 30%, and 20%; use 50% for the most recent period, 30% for the next most recent, and 20% for the oldest) c) Apply Exponential Smoothing with the smoothing constant alpha = 0.2. d) Perform a Simple Linear Regression analysis and provide the adjusted…

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Chapter 12, Problem 3DQ

Summary Introduction

To determine:

Motivational ideas that fits into each of the four quadrants.

Introduction:

Motivation is generally defined as the factors that drive an individual either internally or externally towards doing better at something, enthusiasm, and the persistence to do a job. This in turn affects the productivity and effectiveness of the employee towards performing the particular job and his desire to do more than what he/she asked for. Motivations can be either monetary or non-monetary forms. It’s the manager’s duty to ensure that employees are all highly motivated and working towards achieving organizational goals, if there are short comings managers have to reassess and change the motivational plan.

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Sarah Anderson, the Marketing Manager at Exeter Township's Cultural Center, is conducting research on the attendance history for cultural events in the area over the past ten years. The following data has been collected on the number of attendees who registered for events at the cultural center. Year Number of Attendees 1 700 2 248 3 633 4 458 5 1410 6 1588 7 1629 8 1301 9 1455 10 1989 You have been hired as a consultant to assist in implementing a forecasting system that utilizes various forecasting techniques to predict attendance for Year 11. a) Calculate the Three-Period Simple Moving Average b) Calculate the Three-Period Weighted Moving Average (weights: 50%, 30%, and 20%; use 50% for the most recent period, 30% for the next most recent, and 20% for the oldest) c) Apply Exponential Smoothing with the smoothing constant alpha = 0.2. d) Perform a Simple Linear Regression analysis and provide the adjusted…

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