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TOPIC QUESTION - PAPER 1

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March 5, 2025 at 4:34:37 PM

Oct/Nov 2022

Version 3

2.0 People in Business

2.1 Motivating Workers

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YOUR ANSWER

Job Enrichment is beneficial as the workers acquire new set of skills that can improve the business efficiency however, it can be costly for the business as the worker needs training to achieve the new skills. On the other hand, profit sharing can help the workers to be motivated to maximize the business's profits to achieve more returns however, when the business faces loss or has low profits it can act as a demotivator for the employees. In conclusion, the business should choose Job enrichment if they require new skills within a business but if the business is operating inn service sector they can use profit sharing as it is hard to calculate the amount of contribution they do.

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