6 Analyse how social & esteem needs can be fulfilled by a business. Explain possible impacts on business [6]

[Sir Afzal Shad]

Q6 Analyse how social & esteem needs can be fulfilled by a business. Explain possible impacts of each on business performance. [6]

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Possible Structure
[KN] Explain social needs
[AN] Impact
[AN+]

[KN] Explain esteem needs
[AN] Impact
[AN+]

[Kumail Alvi]

[KN] According to Maslow's hierarchy of needs, social needs are a subset of psychological and emotional needs that are related to a person's need for relationships, social interaction, and belonging.
[AN] Strong social bonds are frequently formed between coworkers when employees are deeply invested in their work. Improved job satisfaction and performance can result from this sense of community and shared purpose, which satisfies social needs.
[AN+] Meeting social needs within the company can boost morale, increase teamwork, and reduce attrition. Employees are more likely to be motivated and effective when they have a sense of belonging.

[KN] Abraham Maslow's hierarchy of needs, a psychological theory that outlines the five stages of human needs, includes esteem needs. The fourth level of the hierarchy is esteem needs.
[AN] Assisting workers in developing their competence and expertise and providing opportunities for growth in both their professional and personal lives, such as development and training courses, satisfies employees' needs for respect.
[AN+] Meeting esteem needs can result in increased motivation, contentment, and retention of staff members. Workers are likely to be dedicated to their work and make a positive contribution to the company if they feel appreciated and acknowledged. They might also start to think outside the box and be more open to trying new things.

[ayyan ali]

[KN]employee recognition and respect and by giving them attention.
[AN]thus this can be done with in the company by providing awards and appreciation letters .
[AN+]thus increase the brand image of the company and there will be less employee take over.

[KN]COMMUNITY ENGAGEMENT
[AN]b providing employee some charit works by the company by supporting local causes
[AN+]this could foster a strong customer loyalty and also lead to productivit and innovation

[Syed Mustafa Ali]

[KN] Businesses can foster a sense of belonging and community among employees by encouraging collaboration and social interactions which can help meet these needs.
[AN] Fulfilling social needs reduces feelings of loneliness, which can improve mental well-being and reduce absenteeism of employees.
[AN+] A supportive social environment encourages teamwork and knowledge sharing, leading to more innovative and effective problem-solving.

[KN] Businesses can meet esteem needs by recognizing and rewarding employees' achievements, providing opportunities for skill development and advancement.
[AN] Offering opportunities for skill development and career advancement can attract and retain top talent within the organization.
[AN+] A culture of respect and appreciation enhances the company's reputation, attracting customers, partners, and investors who value ethical practices.

[Salman Khalid]

[KN] social needs can consist of a healthy work environemtn with welcoming colleges
[AN] this improves their job satisfaction
[AN+]thus would retain more employees and save businesses the cost of changing workers

[KN] esteem needs are an emotional thing and can be fulfilled by recognition of work
[AN] this would make workers more proud of their work and give them an incentive to work harder
[AN+] this would increase output for the business as it creates healthy competition between workers to improve

[Syed Raza]

[KN] Customer Engagement
[AN] Businesses can engage with customers through social media, community events, and customer support, creating a sense of community and interaction.
[AN+] Fulfilled social needs can result in a more motivated and loyal workforce, better teamwork, and enhanced customer loyalty, ultimately leading to improved employee productivity and increased customer lifetime value.

[KN] Customer Satisfaction
[AN] By providing high-quality products or services, businesses can enhance their reputation and brand image, leading to customer admiration and trust.
[AN+] fulfilled esteem needs can result in higher employee morale and self-esteem, leading to increased job satisfaction and productivity

[Talha Asim]

[kn]Promoting Team Building for fulfillment of social needs[an]Businesses can organize collaborative projects to encourage positive social interactions among employees, This helps in building a sense of camaraderie and belonging within the workplace[an+]thus fostering strong team relationships and hence promoting effective collaboration

[kn]Recognition and Appreciation for fulfillment of esteem needs[an] Recognizing and valuing employees' contributions through awards, praise, or formal acknowledgment programs fulfills esteem needs. This validates their efforts and boosts self-esteem[an+] hence reducing turnover further saving recruitment and training costs

[hafsa kashif]

[kn] placing workers in teams where a social element of interaction will take place
[an] as workers will be forced to work with each other on the task given they will have to communicate properly in order to get their messages clear
[an+] thus helping hem improve their communication and interaction skills helping them gain confidence which decreases their social anxiety and thus improves work quality
[kn] certificates and recognition
[an] when a worker is highlighted for working hard on a task or is rewarded for improvement or efficiency it makes them feel closer to the business
[an+] which not only increase their loyalty as they feel important but also improves their quality of work as they hope to get mor recognition for their hard work

[khadija nasir]

[kn] making workers work in teams
[an] when employees team up,their interactions will lead to them working in coordination,therefore developing teamwork
[an+] this will save time as well as improve the final product quality 

[kn] certificates and employee recognition
[an] this creates a sense of accomplishment and makes the employee gain confidence
[an+] encourage them to work harder and efficiently to gain more recognitio

[Mahnoor Nadeem]

[KN]: Making workers work in teams
[AN]: When workers would work in teams it would creat a friendly a environment for them and improve the internal communication of the business
[AN]: It would increase their efficiency and total cost helping the business earn higher profits

[KN]: Certificates and employee recognition
[AN]: When employees would be appreciated for their hard work it would motivate them to put in more effort and come up with new innovative ideas and feel acknowledged
[AN]: It would reduce employee turnover and give the business a positive image

[Shaliza khawaja]

(kn) making workers work in team
(an) this would build esteem
(an+)hence boost self value and confidence
(kn) certificates and recognition
(an)this would motivate them and make them work hard
(an+)making them bring in more innovative ideas

[Hadia Zia]

[KN]Social needs include the need for affection, care, belongingness, friendship etc.
[AN] The business can arrange activities in teams which will encourage bonding among the employees and hence trust will be developed.
[AN+] This will result in higher productivity which will encourage sales too.


[KN] Esteem Needs refer to self-esteem, self-confidence, achievement, recognition etc.
[AN] The business can give regular feedback and recognition to employees which develops a sense of accomplishment among them.
[AN+] Thus this decrease turnovers by employees and hence leads to improved job satisfaction and performance.