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Essay / Research Paper Abstract
This 5 page paper looks at two different types of attitude towards money, the materialistic approach and the experiencer approach. The two attitudes are explored and then compared in terms of the values and behavior patterns that they characterize. The bibliography cites 6 sources.
Page Count:
5 pages (~225 words per page)
File: TS14_TEmoneyatt.rtf
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Unformatted sample text from the term paper:
less materialistic and take a more extrinsic approach. It is believed that the approach to money may be seen as related to other beliefs, such as values and ethics, it
is also a subject that is important to understand from a commercial perspective, including the way that employees may be motivated as result of their perspective of money (Mitchell and
Mickel, 1999). The way money is perceived and attitudes toward money may be divided into a number of approaches. One of these is a materialistic attitude to money. Mick
(1996) states that materialism reflects the orientation of an individual towards a positive perception of possessions, which may be seen as impacting on the desire to have money to buy
and retain these goods, as well as impacting in the way that quantity and quality of ownership may be seen. Materialism is not associated with the level of income that
an individual is able to attain, it is linked with the attitudes towards the way that the money is used once it s obtained, and it may also be argued
that those with a materialist approach to money are more likely to adopt a instrumental approach to work, where they will take a job and be motivated by money and
the utility that is provides for them. A good example of the instrumental approach to work and money was seen in the
work of Goldthorpe at the Vauxhall manufacturing plant in Luton UK. Thus was a manufacturing facility that was based on scientific management techniques, a practice that is associated with a
high level of distrust and a low level of motivation due to low intrinsic factors (Huczynski and Buchanan, 2007). However, indicators of dissatisfaction, such as absenteeism were also low (Goldthorpe,
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