QUESTION 1. Equity has made the law more fair. Discuss Equity can be defined in a technical sense as a branch of law administered by the court of chancery before the passing of the Judicature Act (1873-1875) with a view of supplementing the common law rules. Equity developed because of the problems of the common law. The word ’equity’ has a meaning of ’fairness’ and this is the basis on which it operates. The existing law as at the time equity arose was common law‚ equity acted as a supplement
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Everyone in the United States is entitled to the fundamental human rights written in the U. S. Constitution Bill of Rights. Therefore‚ the most important guiding ethical principle that I have chosen is that of the rights theory approach. The Rights Theory managing approach in the corporate world can also help advance a career by providing others with the opportunity to be free in their religious and personal beliefs and rights as a human being. In doing so‚ a manager can earn trust‚ provide motivational
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what extent expectancy theory and equity theory can explain motivation at work. Motivation can be defined as a set of reasons which regulates ones behaviour. As observed the success of any organization depends largely on employee motivation. Motivated workforce leads to reduced absenteeism‚ staff turnover‚ greater efficiency leading to higher productivity. Various motivation theories by social scientists can be classified into process and content theories. Content theories concentrate on drives
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judgment of qualities and recognition of the differences between things‚ and it comes in different forms and frames. At” workplace discrimination occurs when an employee suffers from unfavorable or unfair treatment due to their race‚ religion‚ national origin‚ disabled or veteran status‚ or other legally protected characteristics. Employees who have suffered reprisals for opposing workplace discrimination or for reporting violations to the authorities are also considered to be discriminated against”(Allbusiness
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Ethics in the Workplace Classical and Contemporary Ethical Philosophies Ethical philosophies served as guide for people in the workplace to make moral decisions in conducting business. There are classical normative ethical philosophies as well as contemporary ethical philosophies being used. They have been applied in the different levels or dimensions of the business organizations. People do know that there are business organizations that have disregarded ethical standards and encounters ethical
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An Analysis of Workplace Harassment and Bullying in Today’s Society Introduction Workplace harassment and bullying occurs when an employee subjects another employee to degrading behaviour‚ whether verbal abuse and threats or actual physical violence. It is an inappropriate expression of power that affects workers and their productivity in an unfavourable way (Spry‚ 1998). Management‚ and other types of employees‚ who occupy high-status roles sometimes believe that harassing their subordinates is
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How to lead by example in the workplace by Raffi Varoujian Created on: September 21‚ 2010 There are plenty of people at work who talk a good game‚ but fail to back up their words with actions. Following through on your responsibilities and commitments is key to being a success in the workplace. However‚ “doing your job” is a given – it is the bare minimum that is expected of you by your employer and your colleagues. It goes without saying that you should act professionally‚ dress appropriately
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Running head: IMPACT OF DIVERSITY IN THE WORKPLACE McCann School of Business and Technology Janet Miller BU115 Customer Service Instructor’s Name: Mr. Andrew Roth Assignment Issue Date: April 28‚ 2010 Assignment Due Date: May 10‚ 2010 Outline Introduction to Diversity …………………………………………………………………………3 Impact of Diversity in the Workplace……………………….……………………………………4 Why is diversity beneficial to a business? ………………………………………………………..5 What are the legal risks? .......................
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1 EXPECTANCY THEORY OF MOTIVATION AT USE IN THE WORKPLACE Leadership Concepts and Applications LET1 Student#: March 30‚ 2012 2 What is Motivation? Motivation is a word popularly used to explain why people behave as they do. Some psychologists and scientists view motivation as the factor that determines behavior‚ as expressed in the phrase “all behavior is motivated” (World Book‚ 1992). Some scientists view motivation as the factor that energizes behavior. According to this
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Long-term financing requires a meticulous understanding of the various features of debt and equity and their impact an organization. While evaluating debt and equity‚ an investment banker also has to consider the unique characteristics of the organization’s dealings while ensuring that the organization’s requirements are met. Debt CapitalDebt capital includes all long-term borrowing incurred by the firm. The cost of debt was found to be less than the cost of other forms of financing. The relative
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