Definition: The claimed concepts mean a set of ways for influencing human behavior to activate own potential. They are divided into the following subgroups:
Economic tools are based on the conscious use of fiscal calculations and the principles of a market economy. Their fundament represents the company’s income and personal contribution of each laborer. In this regard, remuneration, like sanctions, may vary. In general, you are required to put a clear objective to the staff, for instance, to increase the rate of production or increase sales to receive a premium.
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