settlement as incompletely constituted trust. Once the settlement is deemed to be incompletely constituted trust‚ the beneficiary could not enforce their right in the trust. This is due to the maxim in equity “equity will not assist a volunteer” and “equity will not perfect an imperfect gift”‚ which meant that equity is reluctant to offer assistance to those who does not provide consideration. Hence an absolute owner must transfer the legal ownership of the property to the trustee in accordance to the relevant
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Motivation is what drives your followers to perform. Lack of motivation will yield bad performance‚ just as exceptional performance can yield exceptional results. So‚ as a leader‚ the ability to motivate your followers is an essential to the success‚ or failure of your firm. One of the motivation strategies available to managers to enhance work performance is the theory that goals influence performance: the goal setting theory of motivation. Goals provides a tangible result that the employee can
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THE IMPORTANCE OF PAY IN EMPLOYEE MOTIVATION: DISCREPANCIES BETWEEN WHAT PEOPLE SAY AND WHAT THEY DO Sara L. Rynes‚ Barry Gerhart‚ and Kathleen A. Minette A majority of human resources professionals appear to believe that employees are likely to overreport the importance of pay in employee surveys. However‚ research suggests the opposite is actually true. We review evidence showing the discrepancies between what people say and do with respect to pay. We then discuss why pay is likely to be
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Valentin DRAGAN A model of Contextual Motivation in Physical Education: Using Constructs From Self-Determination and Achievement Goal Theories to Predict Physical Activity Intentions Martyn Standage‚ Joan L.Duda‚ and Nikos Ntoumanis Journal of Educational Psychology 2003‚ Vol 95‚ No. 1‚ 97-110 The increasing number of children and adults adopting sedentary lifestyles has become a growing concern in recent years. The lack of physical activity have great effects on the child’s health ‚being a significant
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Maria Karayani. Research paper for Training and Development. Employee Motivation Webster University Employee motivation I. Introduction The purpose of this research is to examine the factors‚ which motivate employees‚ what are their personal goals and how this motivation could be increased in order to enhance organization’s performance. This research aims to analyse‚ which factors motivate workers and what could inspire them to fruitfully perform
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ckChapter 11 – Reporting and Analyzing Stockholders’ Equity I. Characteristics of a Corporation (Publicly held (closely held)) * Separate legal existence; * Limited liability of stockholders; limited to investment * Transferable ownership rights; * Ability to acquire capital; * Continuous life; * Corporation management: Shareholders Shareholders * Voting rights * Profit sharing * Preemptive right * Residual claim Board of Directors
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Psychology and Motivation What are some of the limitations of traditional approaches to motivation? Discuss this question‚ referring to at least three specific management theories and considering the historical context in which these ideas were developed or adopted. Motivation in general refers to the result of behavioral changes in reaction to internal or external stimuli. Analysis can be done at the individual psychological level too. The studies attempt to understand people’s behaviour and
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Motivation in the Workplace University of La Verne Motivation in the Workplace The term motivation on its own can be defined in various ways‚ we can define motivation in its psychological aspect by looking into where motivation stems from and what makes people act in a certain way rather than in another. Motivation in a psychological point of view is concerned with determining why people act the way they do and what factors impact the behavior of human beings in general. On the
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In Motivation and Personality‚ Maslow descried his theory of motivation and the fact that motivation itself centered on a hierarchy of needs. (Crainer‚ 2003) Maslow explained that individual motivations very based on a scale‚ or hierarchy‚ of what one needs/desires at any point in time and that motivation was based strictly on rewards. First a person is motivated by physiological needs such as bread/water. Once these needs are met‚ safety needs emerge‚ then love‚ followed by ego. Ultimately‚ as a
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Motivation in the Workforce Managing employees is cited as being the biggest problem to small business owners. This is because employers very often don’t know how to handle employees. Effectively managing employees is a skill acquired through training and practice. Many books have been written on the subject‚ and courses are regularly offered through educational institutions. Motivation theories were developed or built upon the "human relations" findings. The new focus for motivation
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