DEFINITION OF THE THEORY Likert theory called Likert’s Management Systems Theory. Rensis Likert developed this theory in the 1960s. He outlined four systems of management to describe the relationship‚ involvement‚ and roles of managers and subordinates in industrial settings. He based the systems on studies of highly productive supervisors and their team members of an American Insurance Company. Later‚ he and Jane G. Likert revised the systems to apply to educational settings. They initially intended
Premium Management Leadership
$47‚615‚623 Total Liabilities and Stockholder’s Equity $17‚698‚581 EFN=$47‚615‚623-$17‚698‚581 = $29‚917‚042 Since the fixed assets have increased at a faster percentage than sales‚ capacity utilization for next year will decrease because the addition of the new line would expand capacity much more than would normally be
Premium Generally Accepted Accounting Principles Balance sheet
RUNNING HEAD: THE 1950’s AND 1960’s 1 The 1950’s and 1960’s Tracy Ladner Mississippi University for Women History 110 RUNNING HEAD: THE 1950’s AND 1960’s 2 The 1950’s and ‘60’s was a time of great growth and change for America. Some called it “The Golden Age” (Brinkley‚ 2012‚ p.779). For the most part there was prosperity and advances
Premium John F. Kennedy Lyndon B. Johnson Vietnam War
renowned acquisitions of the “Big Four”‚ namely the American Express Company‚ The Coca-Cola Company‚ The Gillette Company‚ and Wells Fargo & Company. The total cost to purchase the stocks of the four companies was $3.832 billion‚ and by year-end of 2004‚ the total market value of the stocks were $24.68 billion‚ which is equivalent to a time weighted return of (24.68/3.832) ^ (1/12.5) -1 = 16.07% per annum from 1992 to 2004. The portfolio has outperformed the S&P 500 index‚ which had achieved
Premium Berkshire Hathaway Stock Discounted cash flow
THE FOUR PLANES OF DEVELOPMENT OUT LINES POINTS: Introduction Classification of Four planes First plane: Birth to 6 > physical development > Intellectual development > social development > Emotional development > Spiritual development Second plane: 6-12 Years > physical development > Intellectual development > social development
Premium Human Developmental psychology Child development
Running head: THE FOUR PATHS OF YOGA Abstract Life is full of choices and opportunities for spiritual development. The four paths of yoga Provide wisdom‚ serenity‚ direction‚ and strength. Each path has its own unique goal yet They all work together for a greater purpose. The four paths of yoga have practices that Can be related to other religious traditions such as devotion‚ prayer‚ giving‚ and physical Actions such as fasting that require discipline and commitment to a Higher Power
Premium Psychology Scientific method Management
FOUR GOALS OF PSYCHOLOGY Four Goals of Psychology Bernadette A. Bobian PSY-102 12/18/2010 Four Goals of Psychology The four goals of psychology are to describe‚ understand‚ predict‚ and control behavior (Coon and Mitterer‚ 2007‚ p 15). Psychologist goals are to study psychology and search for facts and information that can give an advantage to humankind. By the studying of Psychology it helps to understand and explain behaviors of individuals as well as our self’s
Premium Psychology Understanding Abuse
Assessment 3 : Research Essay Question : Define management by objectives and list the four elements of this type of goal setting. Next‚ discuss three problems associated with management by objectives. Can this management technique be applied to your approach to this subject (BMO 1102)? If so‚ how? Name : Darwis Soesanto VU Student Number : 3712716 Tutorial Group : Tutorial 4 Date of Submission : 21st September 2005 Lecturer ’s Name : Ms. Greeja De Silva Table of
Premium Management Goal
Fonderia di Torino‚ S. p. A In late 2000‚ Francesca Cerini‚ managing director of Fonderia di Torino‚ is contemplating purchasing a new automated molding machine. Fonderia di Torino is a company that specialized in the production of precision metal castings for use in products like automotive‚ aerospace‚ and construction equipment. The company‚ located in Italy‚ is known for the quality and craftsmanship of its work. Through this reputation‚ Fonderia di Torino has been able to secure deals with
Premium Net present value Cash flow Old One
The 1950’s-60’s70’s-80’s Miranda Moultrie Nixon Back Again The United States presidential election of 1968 was the 46th quadrennial presidential election‚ held on Tuesday‚ November 5‚ 1968. Moon Shot On July 21‚ 1969‚ President Nixon spoke from the Oval Office to Apollo 11 astronauts Neil Armstrong and Edwin Aldrin at the Sea of Tranquility on the Moon. Apollo 11 was the spaceflight that landed the first humans on the Moon‚ Americans Neil Armstrong and Woodstock A village in New York state
Premium Apollo 11 Richard Nixon Neil Armstrong