Problem:
Deming's Profound Knowledge consists of four elements. Answer the following three parts relating to the psychology element of Deming's Profound Knowledge. Your discussion should reflect this element of Deming's Profound Knowledge and not psychology in general.
Required:
Question 1) Discuss why psychology is important for us to understand.
Question 2) Discuss how fear plays a part in this element.
Question 3) Discuss how pay and motivation are of interest in this element.
Write complete solution of the given problem.