Differentiating Between Market Structures

Posted by admin on January 9, 2018 in Articles

Using Strengths to Increase Motivation
Greg Monster
MGT/312
September 21, 2013
I do agree with the results as it pertains to my level of Psycap. A lot of whom and what I am has to do with all the training that has been invested in by the military. Of course my personality combined with my training has become a big part who I am. I feel my strengths would have to be surrounded by resiliency. Being resilient in today’s world is very important. I also scored high in Hope, Optimism, as well as efficiency. My strategy would have to be to be optimistic and resilient when attempting to learn and train on something new. I feel most people feel defeated if they cannot get something right away however when I seem to not grasp something right away I feel determined and optimistic that I will get it. Setting goals for yourself is key to being successful, hope plays a pivotal role in that you can reach these goals and once you finally achieve your set goals you feel a sense of accomplishment. Job satisfaction can easily influence your performance in the way that if you are satisfied with what you are doing and you feel passionate about it and your employees feel the same then there is nothing that can’t be done. If your employees are passionate about what you are trying to accomplish as you are then there is no goal that cannot be reached.
Finding out what people want from their jobs, what motivates them to keep working, was the basis for a study by Fredrick Herzberg during the 1950’s and 60’s. He wanted to find out how attitude affected employees motivation. He did this by asking people to describe work situations that made them feel really good about their jobs and situations in which they felt bad about them. His findings showed that those who felt good about their jobs gave very different answers than people who felt bad or didn’t like their work. He wrote about the results of his study in an article called “One More Time: How do…

Differentiating Between Market Structures

Posted by admin on November 29, 2017 in Articles

Differentiating Between Market StructuresDifferentiating Between Market Structures
As the internet started back on August 6, 1991 which was 20 years ago today, a lot has changed, the speed is faster, downloads are faster too. Some of the companies which were really big at the start of the internet are not even around today like American Online (which was originally called Quantum Computer Services), then there was Netscape, Prodigy, and CompuServe.
The Start of Google
Then the big change for the world came when Google opened their first office in California in 1998. Google’s market structure to become dominant and to become a household name came true, if a person needs to find out something they simply Google it. Google’s market was to be a Monopolistic Competition, but a Monopolistic Competition is not a Monopoly. When two or more firms’ products are different from another on everything, but the price this is called a Monopolistic Competition.
Partners of Google
Larry Page and Sergey Brin developed a search engine which was capable of filtering webmasters tricks, which the consumer likes because it gives results which are more relevant and interesting. They called this “PageRank”, and the general working of this is known but the exact formula for this is still a secret today.
Second thing Larry and Sergey decided to do was to have a clear, simple, and essential home page. This was done by just having the Google logo and a search box. This made the Google home page even at slow connection speeds load much faster than any other competitors. These two things made Google grow faster and with overwhelming success over their competitors. Google understood how the eye and brain works, so they used perception of Psychology for a clear understanding of their web page.
If a customer wants a search engine that is quick and reliable then they would use Google. Google also has been very smart about their finances also. There…