Theory X and Theory Y In his 1960 book‚ The Human Side of Enterprise‚ Douglas McGregor proposed two theories by which to view employee motivation. He avoided descriptive labels and simply called the theories Theory X and Theory Y. Both of these theories begin with the premise that management’s role is to assemble the factors of production‚ including people‚ for the economic benefit of the firm. Beyond this point‚ the two theories of management diverge. Theory X Theory X assumes that the average
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Two important personality theories are the biological theory and the humanistic theory. The biological theory is based on the premise that all people inherit their characteristics from their family. This theory basically contends that people do not have control over their behaviors because they are genetically pre-determined. The humanistic theory‚ on the other hand‚ is based on the premise that each person has free will to control their actions. This theory does not go along with the idea that behaviors
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be achieved through either the Modernization Theory‚ a view from the Global North‚ or the Dependency Theory‚ a view from the Global South. These two approaches are diverse from each other; however there are notable similarities between them too. Both the theories lack in certain places thus fail to escape criticism‚ however the Dependency Theory looks at development in a broader aspect. To begin with‚ one of the main similarities between the theories is that they both give much attention to the
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NEPOTISM Nepotism – favouritism In a business world‚ simply hiring one’s own family members or it can mean hiring and advancing unqualified or under-qualified family members based simply on the familial relationship. Many companies and individuals consider the practice to be unethical‚ largely due to its conflict with traditional American values of self-reliance and fairness. APPLICATIONS Hiring family members can also provide benefits to companies‚ for example by reducing their health insurance
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for study of hydrodynamic lubrication theory as the basis for bearing design; applications to simple thrust and journal bearings and pads of various geometries; hydrostatic lubrication‚ floating ring bearings‚ compressible fluid (gas) lubrication‚ grease lubrication‚ dynamically loaded bearings‚ half speed whirl and stability. Prerequisites: MATH 308‚ MEEN 345 or equivalent. MY OBJECTIVES: To introduce the fundamental physical principles of the classical theory of hydrodynamic lubrication and to review
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good nutrition to people of all ages. * Soup Stop is primarily a take-out restaurant with a drive-thru that serves a variety of nutritious seasonal soups for the health conscious consumer on the go. We provide the customer with the convenience and affordability of ‘fast food’ without compromising health and nutrition‚ offering a smart alternative to the greasy fast food normally associated with drive-thru service. The rotating menu consists of a variety of delicious and nutritious soups‚ broths
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The Theory of the Firm The firm’s goal is to maximize profits‚ !. In order to do this it must decide what quantity of a good to produce given costs‚ technology and demand. A competitive firm is assumed to be able to sell as much as it wants at the market price without affecting price. So it takes price as exogenous (beyond it’s control) and does not worry about demand. In addition‚ for our purpose we’ll assume the firm operates efficiently‚ that is‚ whatever the level of production that the firm
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The weird sisters drive Macbeth to his destruction. Do you agree? In shakespears Macbeth‚ the weird sisters are only one of the contributions to Macbeth’s destruction. Though they do play a role‚ the other characters such as Lady Macbeth and even Macbeth himself contributes towards his destruction‚ with immense ambition and greed to become king. The prophecies which the witches make are only temptations for Macbeth. The weird sisters never tell Macbeth what to do with these suggestions‚ he
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What are Push Theory and Pull Theory? Pull theory: In economics‚ the demand-pull theory is the theory that inflation occurs when demand for goods and services exceed existing supplies. According to the demand pull theory‚ there is a range of effects on innovative activity driven by changes in expected demand‚ the competitive structure of markets‚ and factors which affect the valuation of new products or the ability of firms to realize economic benefits. In a marketing "pull" system‚ the consumer
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Coale use Hofstadter’s theory as a base to extend their individual theories about conspiracy thinking I found that Mark Fenster‚ in his introduction to Conspiracy Theories‚ responds to Hofstadter in a very different way. Fenster argues that‚ while Hofstadter’s theory was the most dominant form of understanding conspiracy at his time of writing‚ it is flawed in that academics have wrongly dismissed conspiracy theories simply as something that is ‘pathological’. Conspiracy theories have played a significant
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