1960‚ Douglas McGregor an American psychologist formulated a theory that has changed the path of management thinking and practice. He proposed two sets of assumptions about employee ’s attitude and behaviour‚ so the manager will be in a better position to manage the workers and achieve organizational goals. McGregor named these assumptions as Theory X and Theory This essay would examine the pros and cons of this theory of employee motivation‚ followed by writer ’s opinion. (McGregor‚ 1960) Theory
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following cost data pertain to the operations of Mancia Department Stores‚ Inc.‚ for the month of February. The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company’s stores. | (1) | 1. | What is the total amount of the costs listed above that are NOT direct costs of the Brentwood Store? | $152‚000 | | $92‚000 | | $79‚000 | | $38
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AJ Davis Department Store Part B AJ Davis Department Store Introduction The following information will show whether or not the manager’s speculations are correct. He wants to know the following information: Is the average mean greater than $45‚000? Does the true population proportion of customers who live in an urban area exceed 45%? Is the average number of years lived in the current home less than 8 years? Is the credit balance for suburban customers more than $3200? Hypothesis testing and confidence
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Douglas McGregor proposed two distinct views of human beings: one basically negative‚ labeled Theory X‚ and the other basically positive‚ labeled Theory Y. After viewing the way in which managers dealt with employees. McGregor concluded that a manager’s view of the nature of human beings is based on a certain grouping of assumptions and that he or she tends to mold his or her behaviour toward employees according to these assumptions. Under Theory X‚ the four assumptions held by managers are: 1. Employees
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A WORKING REPORT ON THE IMPORT DEPARTMENT OF PRIME BANK LTD. by‚ Faujia Ferdousy Rahman ID: 0410074 An Internship Report Presented in Partial Fulfillment Of the Requirements for the Degree Bachelor of Business Administration (BBA) INDEPENDENT UNIVERSITY‚BANGLADESH April 30‚ 2009 A WORKING REPORT ON THE IMPORT DEPARTMENT OF PRIME BANK LTD. A WORKING REPORT ON THE IMPORT DEPARTMENT OF PRIME BANK LTD. by‚ Faujia Ferdousy Rahman ID: 0410074 has been approved April‚ 2009
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Case 1 – page 6 1. How do information technologies contribute to the business success of Sew What .Inc? Give several examples. The following are information technologies that contribute to the success of Sew What. a) Computer software technology: Website • For example‚ before they put up their website (www.sewwhatinc.com) business was almost all local. Duckett admitted that business couldn’t grow optimally only by word of mouth without embracing technology. However‚ after launching website‚ they
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Maslow’s Hierarchy of Needs Theory Maslow‚ Abraham. 1908-1970. American psychologist and a founder of humanistic psychology who developed a hierarchical model of human motivation‚ in which a higher need‚ ultimately that for self-actualisation‚ is expressed only after lower needs are fulfilled. Self-actualisation needs Self-actualization is the fulfilment of the person’s dreams and aspirations. “Even if all these needs are satisfied‚ we may still often (if not always) expect that a new discontent
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McGraw-Hill/Irwin Retailing Management‚ McGraw-Hill/Irwin Retailing Management‚ Computer Source: 44 outlets 1-3 1-4 Chapter 1 Introduction to the World of Retailing McGraw-Hill/Irwin Retailing Management‚ 1-6 The World of Retailing Introduction to Retailing Types of Retailers Multi-Channel Retailing Customer Buying Behavior 1-7 Questions ■ ■ ■ ■ What is retailing? What do retailers do? Why is retailing important in our society? What career
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Section II. Building the Business Plan: Beginning Considerations Chapter 3 Designing a Competitive Business Model and Building a Solid Strategic Plan Part 1: Learning Objectives 1. Understand the importance of strategic management to a small business. 2. Explain why and how a small business must create a competitive advantage in the market. 3. Develop a strategic plan for a business using the nine steps in the strategic planning process. 4. Discuss the characteristics of three basic
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Backgrounds Douglas McGregor was a management professor at the MIT Sloan School of Management. He introduced a new motivational theory in his book ‘The Human Side of Enterprise’‚ stating that all workers were divided into two groups: Theory X and Theory Y. Theory X workers were lazy‚ irrational and unreliable‚ and were only motivated by money and threatened by punishment. Theory Y workers were able to seek and accept responsibilities and fulfil any goals given. The Human Side of Enterprise‚ written
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