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Top 3 Theories of Motivation | Business Management

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Motivation can literally be defined as the task of moving towards a goal or a desire to act. There are different levels of motivation that can allow an individual to stop lazing around all day and get up the energy to get up every single day and work. This is a concept which is extremely important in the field of psychology. Psychologists from all across the globe have been trying to study this concept for decades now. This has also resulted in a number of theories becoming popular in the world which are related to this concept. Each of these theories tries to explain what exactly the concept of motivation is and the different factors which can have a strong effect on this concept. The top 3 most popular and influential theories of motivation are Maslow theory of needs, Herzberg theory of two-factors, and McGregory’s theory of x and y. But before discussing these theories it is important to first be aware of the major components of this concept. In this business management academ