Tuesday 24 January 2012

. Money is the prime motivator for achieving higher goals. Do you agree with this statement?


Most of the classical thinkers agree with this statement money is the prime motivator. But modern motivational theorists don’t consider money as the prime motivator for achieving higher goals. Motivator is that which impels or compels an individual to act toward meeting a need. Human is a social animal, he has diversified needs and all cannot be satisfied with money. Although money is a powerful motivator it is important because of its purchasing power .it is what money can buy, not money itself that gives it value. Money is a also important as an indication of status. But money is more important to people who are seeking to establish an initial standard of living rather than those who have met their basic needs. Social status, challenging nature of work,self-actualization become more important, when basic needs are satisfied in an organization

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