Title: Theories on Motivation | Bizfluent
Headings: Theories on Motivation
Theories on Motivation
Business Motivation Theories
Psychological Motivation Theories
Economic Motivation Theories
Biological Motivation Theories

Content: Psychological theories are abstract and may or may not be of value for practical purposes. Among the psychological motivation theories is the acquired needs theory, which states that people are motivated by the need to acquire power, accomplishments or social bonds. Another example is cognitive dissonance theory, which states that people are motivated by a desire to rationalize contradictory or hypocritical behavior. 00:00
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Economic Motivation Theories
Economics has its own set of ideas about human motivation. Economists believe that humans are naturally inclined to follow incentives and thus seek benefits and avoid costs. This basic idea has several important corollaries: firms seek to maximize profits, individuals seek to maximize utility (well being) and shoppers seek to maximize bargains. Economic theory does not explain certain types of behavior, such as charitable giving. Biological Motivation Theories
Biology has several ideas as to what motivates humans (indeed, what motivates all living organisms). Motivating factors include, for example, the desire to survive, the desire to eat and the desire to reproduce.