relationships are administrated by implicit or explicit contracts between agents and principals. The assumption of agents’ self – interest which contradicts with the principals’ interest is the basis of the agency problem. According to Alawattage and Wickramasinghe‚ agency theory suggests two fundamental reasons for the agency problem. First is the goal contradiction between the agent and principal. Second reason is the information asymmetry between the agent and principal. Principal does not know the amount
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The X and Y game What is a game where you have four persons to a team‚ and each person shows an X and Y card each round and according to what each other person‚ including themselves shows they get a certain number of points added on or taken off? What is the meaning of this game? What does it show? This game shows how individual people act in a group. When every person in a group cooperates something gets done‚ but if people are out for themselves‚ and fail to recognize that they are in this together
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Introduction In Malaysia‚ most of the employees are from Gen-Y generation. They have skills‚ education background and other characteristic that needed by an organization in order to move forward. With the knowledgeable they have‚ Gen-Y tend to become job hopper which have make them change job frequently in a short term to seek other jobs with a greater promotion. This trend has been practiced by them to satisfy themselves as a reward for their time sacrifices with study for years. There is no denying
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Biology 12 3rd Exam Reviewer Exercise 9: The Prokaryotes Prokaryotes are subdivided into archaebacteria and eubacteria. Archaebacteria - no peptidoglycan in cell wall Ex. Halob acterium Eubacteria - has peptidoglycan in cell wall Eubacteria - can be differentiated by Gram staining Gram positive: purple-blue‚ mostly peptidoglycan susceptible to penicillin Gram negative: pink-red‚ less peptidoglycan‚ has lipopolysaccharides‚ susceptible to EDTA Gram negative can be further differentiated into
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operational‚ and concrete operational. On the other hand‚ Vygotsky based his theory of development the basic notions that children construct knowledge‚ learning can lead to development‚ development cannot be separated from its social context‚ and language plays a role in development. Though both of the well-known theories explain child development‚ they are each different from one another. The most obvious difference is that Piaget’s stages are hierarchical‚ while Vygotsky’s are not. This
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someone who should be punished in his behavior. Of course‚ this punishment has been abolished in the United States. Theory of punishment can be divided into two concepts: the Utilitarian and Retributive. Utilitarian theory of punishment to discourage criminal behaviors someone attempts to punish the perpetrators‚ or " shock and awe”‚ the future wrong behavior. Retribution theory attempts to punish the perpetrators because they should be punished. According to the philosophy of utilitarianism‚ the
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The essential foundation behind humanistic/existential theories is that they address the facts of life‚ humankind’s natural the life stages‚ “existence‚ purpose‚ meaning‚ and reason for being” that every person at one time or the other will go through from birth until death (Barclay‚ 2016‚ p. 108). Humanistic/existential theories are truly unlike traditional theories of the past‚ subsequently‚ the emphasis is placed mainly on a person’s ability to take control of their life vs. allowing life circumstances
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Demographers have named the different generations around today as Veterans‚ Baby Boomers‚ Generation X‚ Generation Y and Generation Z.Here I’ve tried to analyze Gen X & Gen Y. GEN X The moniker Generation X was coined by Douglas Coupland‚ who chose the unknown variable “X” to describe a generation that defies definition.Members of Generation X are largely in their 30’s and early 40’s. On the whole‚ they are more ethnically diverse and
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on the similarities and differences between Freud’s Psycho-sexual theory‚ and Erikson’s psychosocial theory. Also‚ how Freud was one of the very first influential psychologists who changed the way we study humans today. Influenced by him‚ Erikson recognized Freud’s contributions‚ and although he felt Freud might have misjudged some of the important dimensions of human development‚ we can still find similarities between their theories. Erikson has eight stages in his theory compared to Freud’s five;
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third stage which is norming. In this stage‚ group members are familiar and well adapted to the guidelines and standards of the group. Cooperation and commitment ensures the group to carry out their task in a harmony environment and communication between them is much more effective than before. In stage four‚ which is performing. Each group members are accepted by another. They complete task more efficiently and effectively. The main concern is in problem solving and decision making to reach the
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