and contemporary theories of motivation. Motivation is the processes that account for an individual’s intensity‚ direction‚ and persistence of effort toward achieving a goal especially an organizational goal. Intensity is describing about how hard a person tries. Direction means the effort that is channeled toward and consistent with organizational goals. Persistence is describing how long an employee can maintain his /her effort to achieve the goal of an organization. Motivation is the driving force
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Case Study: BP Texas Refinery Introduction According to Lewicki‚ Saunders & Minton (2003)‚ adopting an unethical approach to negotiation in business can have serious consequences. A recent explosion at the British Petroleum (BP) Texas refinery on 24 March‚ 2005 reiterated this and demonstrated the effect of an unethical approach to negotiation with the death of 15 contract workers. Ethical behaviour refers to the standards of conduct such as honesty‚ fairness‚ responsibility and trust. (Lewicki
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Ethics in International Business Abstract International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since‚ there is this dilemma that has progressively troubled the large multinational corporations‚ international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions
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Frederick Herzberg – Two-Factor Theory of Motivation: 1. Introduction: The two-factor theory (also known as Herzberg ’s motivation-hygiene theory and dual-factor theory) states that there are certain factors in the workplace that cause job satisfaction‚ while a separate set of factors cause dissatisfaction. It was developed by psychologist Frederick Herzberg‚ who theorized that job satisfaction and job dissatisfaction act independently of each other. According to Herzberg‚ intrinsic motivators
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Impact of incentives and delegation on employee motivation: Delegation as an alternative motivation measure in unlocking employee´s potential TABLE OF CONTENTS CHAPTER 1 – Introduction................................................................................ CHAPTER 2 – Motivation in the working environment..................................... CHAPTER 3 – Incentives and reward systems................................................... CHAPTER 4 – Delegation...............................
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HND Business Ethics: Unit 45 Edexcel Assessment Brief Front Sheet Qualification Unit number and title HND Business Unit 45: Business Ethics Student name Assessor name Tracy Mpofu Date issued Completion date Submitted on See tasks Unit Aim To introduce learners to the concept of business ethics and to examine its relevance when considering business objectives and responsibilities. Learning Outcome 1. Understand different ethical perspectives
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Microsoft ethics I chose to research Microsoft’s code of ethics. The code I’m using the Microsoft finance code of professional conduct. The CEO‚ CFO‚ and finance organization employees are expected to abide by this code as well as all applicable Microsoft business conduct standards. Any violations of the finance code of professional conduct may result in disciplinary action‚ up to and including termination of employment. All employees covered by the Finance code of professional conduct will act
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Assignment (25%) Case 1: Managing Motivation in a Difficult Economy (15%) Learning Goals In this case‚ you’ll have an opportunity to assess a motivational program designed to re-energize a troubled company’s workforce. Acting on behalf of the company’s executive board‚ you’ll evaluate the board’s current strategy based on survey data. You’ll also advise board members about improving the effectiveness of this program based on what you’ve learned about goal setting and motivation in organizations
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Assignment on Business Ethics Instructions: 1. Write the answers of the questions of this assignment in your own legible handwriting. 2. No assignment will be accepted if it is in the form of typed print out. 3. Answers of each student should be in their own perspectives or in their own experiences of marketing arena. 4. Q. no.1‚2 &3 are compulsory and solve any one from the remaining questions. Deadline for submission- 9 March 2014 Marks-15 (Fifteen) Q.1. What is business ethics ? Describe
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reaction after they found out their products’ problem. Those are all red flags. 2. Develop a list of factors or characteristics that different stakeholders may use in assessing corporate reputation? Product safety‚ Corporate leader’s reputation‚ Employee satisfaction‚ Stock prices‚ Competitor’s reputation‚ Competitor’s product price. 3. Are these factors that allow different stakeholder to assess corporate reputation consistent across stakeholder interests? Why or why not? No‚ because different
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