over the last couple of centuries and there have been a number of different theories into the best way it can be done. This essay will give some background knowledge into those theories but will primarily focus on McGregor’s development of his Theory X and Theory Y‚ incorporating how they evolved‚ what they are and how relevant they are to managers of the 21st century. The aim of this piece is to gain a better understanding of the theories of management developed by McGregor and how/if they are still
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1. See Appendix A 2. Liquidity ratio. The firm’s liquidity shows a downward trend through time. The current ratio is decreasing because the growth in current liabilities outpaces the growth of current assets. The quick ratio is also declining but not as fast as the current ratio. From 1991 to 1992‚ it only decreased 0.35 units while the current ratio decreased 0.93 units. Looking at the common size balance sheet‚ we also see that the percentage of inventory is growing from 33% to 48% indicating
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such as television‚ books‚ movies‚ etc. Becoming literate is essential to functioning in society. Looking back at one of the most influential figures of the 1960’s‚ it is hard to imagine that at age 21 Malcolm X tried to start a letter with “Look‚ daddy‚ let me pull your coat about a cat…” (X 256). He spent 7 years in prison for robbery‚ and during that time he underwent a self-metamorphosis. His way of putting it is “books opened up a whole new world to me” (260). History‚ philosophy‚ genetics and
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Malcolm X‚ a great leader in the Civil Right era‚ had a very tough life at a young age because of his father dying and his mother having a mental break was sent to foster house. Malcolm X got his ideas by going to jail because of drugs from Elijah Muhammad and the Nation of Islam. Malcolm X believed in segregation and also violence if necessary. MLK was a middle class family‚ kid and faced racism at a young age. MLK was more towards integration and didn’t believe in violence. MLK and Malcolm X both
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Theory X and Theory Y After World War II there were several studies performed that ultimately revealed how assumptions about workers’ attitudes and behaviors affect managers’ behavior. In the 1960s one of the most influential approaches was created and developed by Douglas McGregor at the MIT Sloan School Of Management. He proposed two sets of assumptions about how work attitudes and behaviors not only dominate the way mangers think but also affect how they behave in organizations. He named these
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When people hear the name Malcolm X‚ the first thing that comes to their mind is “extremist.” But in fact‚ he was a teacher. Malcolm X taught Blacks to think for themselves and not allow others to think for them. He did not want Blacks believing everything that the “blonde hair‚ blue eyed devil” said. He educated them that everything that the newspaper said‚ was not real‚ as they should not be convinced that it was. He strongly emphasized his point in saying‚ “And as soon as they put the word American
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Company X Problem Analysis Through extensive analysis from the customer satisfaction surveys‚ and research from the satisfaction task force‚ Company X found three major problems areas. The company’s programs reflect poor quality‚ the development times are taking longer than the projected due dates and a small portion of employees are discrediting the company name and values. Each of these problems has contributed to the main problem; the increasing rate at which Company X is losing customers
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Reebok: Pursuing Generation X Reebok is a global‚ American inspired brand‚ in a highly competitive athletic and sportswear industry‚ committed to creating products and marketing programs that reflect the brand’s unlimited creative potential (Reebok). The 2003 rankings place Reebok in third place of U.S. athletic shoe market share with 13%; Nike dominates at 36% while other athletic brands make up 26% of the U.S. market (Sporting Goods Intelligence). In 1982‚ Reebok was a main component in introducing
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November 15‚ 2007 Synthesis of 1-Bromobutane Introduction: The purpose of this experiment is to synthesize 1-bromobutane from 1-butanol and sodium bromide. In order for this reaction to reach completion there are four major operations that need to be performed. The four major operations include refluxing‚ simple distillation‚ separation‚ and drying. To begin‚ in order for the compounds to react they will be dissolved in water and sulfuric acid will be added. The addition of sulfuric acid will
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Each of these views‚ which McGregor called Theory X and Theory Y‚ has implications for management. Theory X (’authoritarian management’ style) -People do not really like to work and will avoid it if at all possible so they must be coerced‚ controlled‚ directed‚ threatened with punishment to get them to work. -The average worker avoids responsibility‚ is unambitious and wants security more than anything else. -Management based on Theory X is paternalistic at best and‚ at very least‚ authoritarian
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