Importantandurgent !!! “If you want to get higher score from acca f1, please read this article!”

I M P O R T A N T A N D U R G E N T !!!
“If you want to get higher score from ACCA F1, please read this article!”

1. 
   Disequilibrium in the long run.
   

The long-term disequilibrium thus refers to a deep- rooted, persistent deficit or surplus in the balance of payments of a country. It is secular disequilibrium emerging on account of the chronologically accumulated short-term disequilibria — deficits or surpluses. Causes of disequilibrium:

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  Government intervention: Government policies can often lead to disequilibrium in the market. For example, if the government sets a minimum wage that is significantly higher than the market equilibrium wage, this can contribute to a decrease in employment.
  
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  Changes in technology: New technologies can also create disequilibrium as businesses adjust to the new conditions. For instance, the development of the Internet led to a decrease in the demand for traditional forms of communication, such as letters and telephone calls. It also led to an increase in the demand for electronic communications. This shift resulted in disequilibrium in the market as businesses were forced to adjust.
  
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  Changes in preferences or tastes: Strong shifts in consumer preferences, such as a growing preference for organic food, can lead to significant imbalances in the market.
  
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  Supplier pricing power: If suppliers can exert meaningful pricing power, this can lead to disequilibrium. For example, if the price of crude oil rises significantly, this can lead to an increase in the price of gasoline. As a result, demand for other products, such as automobiles, may fall.
  

2. 
   Motivational theory of Herzberg.
   

Herzberg’s Motivation Theory model, or Two Factor Theory, argues that there are two factors that an organization can adjust to influence motivation in the workplace. These factors are:

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  Motivators: Which can encourage employees to work harder. The presence of motivators causes employees to work harder. They are found within the actual job itself.
  
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  Hygiene factors: These won’t encourage employees to work harder but they will cause them to become unmotivated if they are not present. The absence of hygiene factors will cause employees to work less hard. Hygiene factors are not present in the actual job itself but surround the job.
  

The impact of motivating and hygiene factors is summarized in the following diagram. Note that you will often see motivators referred to as factors for satisfaction, and hygiene factors referred to as factors for dissatisfaction.

Note: Herzberg’s Motivation Theory model goes by a number of different names, including Two Factor Theory, Herzberg’s Motivation-Hygiene Theory, and Duel Structure Theory.

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