LEARNING OBJECTIVES By the end of this chapter the student will be able to: ■ ■ ■ ■ ■ Frame the context for understanding the concept of motivation‚ particularly who and what motivates employees; Provide an overview of the different theories of motivation; Identify extrinsic and intrinsic factors that impact motivation; Assess misconceptions about motivation; and‚ Suggest strategies to enhance employee motivation. INTRODUCTION Managers are continually challenged to motivate a
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Assignment 1 – Part B – Organisational Theory Organisational design can be defined as achieving the organisation’s goals through changing and constructing the structure of that organisation (Robbins & Barnwell 2002). Organisational environment can be defined as the conditions that could potentially impact the organisation (Robbins & Barnwell 2002).The purpose of this essay is to explore and critically analyse British Petroleum (BP) from the modernist and symbolic interpretive perspectives. This
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learning points (ranked by importance to you) Today’s class discussed the mental accounting for money management. 1. Prospect theory. The theory can be represented by a value function‚ as shown below. The value function starts from a reference point‚ and is normally concave for gains‚ and convex for losses. It is also steeper for losses than for gains. The theory intends to explain why people behave irrationally when making choices. 2. Framing effect. It refers to the difference in
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The strain creates some pressure or incentive to engage in criminal coping the extent of strain determines if an individual will engage in criminal coping routine activities theory and social learning theory certain types of strain are associated with those who model crime and the exposure of an individual to others who model criminal coping criminal coping may be viewed as the only way to address perceived injustice and reduce perceived magnitude of that type of strain. ex. Anderson’s (1999)
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Feminism refers to political‚ cultural‚ and economic movements aimed at establishing greater rights‚ legal protection for women‚ and or women’s liberation. It includes some of the sociological theories and philosophies concerned with issues of gender difference. Nancy Cott defines feminism as the belief in the importance of gender equality‚ invalidating the idea of gender hierarchy as a socially constructed concept. Feminism has earned itself a bad reputation‚ but it never undermined gender differences
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the society. In this report‚ it will use Legitimacy theory to explain BP’s response to this event. Legitimacy theory can be treated as a explanation for voluntary corporate disclosures in annual report. As (Dowling&Pfeffer‚ 1975) says a corporation must act in congruence with norms and society value. First of all‚ Legitimacy theory is based on the concept of substantive rationality and replies upon the notion of a social contract. This theory asserts that organizations seek to ensure that they
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Business Concepts Management Theories Scientific Management – an approach that emphasizes the scientific study of work methods in order to improve worker efficiency. Bureaucratic Management – an approach that emphasizes the need for organizations to operate in a rational manger rather than relying on the arbitrary whims of owners and managers. Administrative Management – an approach that focuses on principles that can be used by managers to coordinate the internal activities of organizations. Fayol’s
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3101AFE TUTORIAL 1 – Semester 1 2014 Deegan Topic 1 Introduction to financial accounting theory 1.1 What is the difference between a positive theory of accounting and a normative theory of accounting? 1.6 The IASB and the FASB are currently developing a revised conceptual framework of financial reporting. If you have been asked to review the framework—which is an example of a normative theory of accounting—why would it be important for you to pay particular attention to how the objective
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Leadership Theory and Administrative Behavior: The Problem of Authority Author(s): Warren G. Bennis Reviewed work(s): Source: Administrative Science Quarterly‚ Vol. 4‚ No. 3 (Dec.‚ 1959)‚ pp. 259-301 Published by: Johnson Graduate School of Management‚ Cornell University Stable URL: http://www.jstor.org/stable/2390911 . Accessed: 03/04/2012 22:56 Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms
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Ethical Theories Utilitarianism Utilitarianism is most often associated with Jeremy Bentham (1748-1832) and John Stuart Mill (1806-1873). According to utilitarianism principle‚ a decision is ethical if it provides the greater utility than any other alternative decision. Thus the decision maker must evaluate each decision alternative‚ and then select the one that yields the greatest net utility (Fritzsche‚ 1997). There two types of utilitarianism‚ act and rule. Individual decisions are evaluated
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