LS1857: Motivational Systems and Reward Management are assuming greater importance day-by-day in the formal organisational set up.

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Question: "Motivational Systems and Reward Management are assuming greater importance day-by-day in the formal organisational set up."

Critically evaluate this statement and explain with your organizational experience or the ones you are familiar with,
the reason and their inevitability, if any, in the functioning / sustainability of an organisation in today’s competitive environment. Briefly describe the organisation and the situation you are referring to.


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