employee motivation. However‚ because of the invalid ordering of human needs‚ cultural diversity‚ and different levels of economy‚ Maslow’s hierarchy of needs cannot be used in current Chinese business to motivate employees. This essay will critically evaluate the viability of Maslow’s theory. It begins with a brief introduction and some support of the theory‚ then gives the arguments against it‚ finally anticipates some doubts and dispute about it. Maslow’s hierarchy of needs hypothesizes that there
Premium Maslow's hierarchy of needs
Qn. Leaders are born not made. Discuss. Introduction Definition of leadership: Leadership is a process of social influence in which one person enlists the aid and support of others in the accomplishment of a common task. Simply put leadership is the art of motivating a group of people to act towards achieving a common goal. Studies of leadership have produced theories involving traits‚ situational interaction‚ function‚ behavior‚ power‚ vision and value‚ charisma and intelligence among others
Premium Leadership
Census Method All items in any field of inquiry constitute a ‘ Universe ’ or ‘ Population.’ A complete enumeration of all items in the population is known as a census inquiry. It can be presumed that in such an enquiry‚ when all items are covered‚ no element of chance is left and highest accuracy is obtained. But in practice this may not be true. Even the slightest element of bias in such an inquiry will get larger and larger as the number of observation increases
Premium Sampling Sample Stratified sampling
(i=1‚2‚3‚4: j=A‚B‚C) Cij= Shipping cost per container from distribution center I to customer j Subject to‚ ∑XiA=600 ∑XiB=500 ∑XiC=500 ∑X1j=450 ∑X2j=600 ∑X3j=350 Xij= integer The VAM penalty cost is given by‚ The initial allocation in VAM method is made in the row or column that has the highest penalty cost. In following table‚ column C has highest penalty cost i.e. $350. and we choose cell 4C. Iteration 1) A B C Hongkong Singapore Taipei Supply Penalty 1 LA 300 210 340 450 90 2 Savannah
Premium Hong Kong 175
Scientific Method The scientific method proves how important chemistry is in our lives and in society through observation and experimentation. There are many steps involved in the scientific method. Each of these steps can be used by society today in industry‚ market‚ and even academia. The scientific method can even be used in our daily lives as well as in our future careers. Chemistry may not be believed to be used by most people in their daily lives‚ but the scientific method shows us that chemistry
Free Scientific method Hypothesis Theory
intertemporal decisions In attempt to outline the standard economic theory about how people make intertemporal decisions we must first begin by looking at what intertemporal decision are‚ using examples to receive a clear understanding of the full concept. Once we have a distinguished understanding of intertemporal choice we must then look berifly at the economic and psycholigical history which formed this concept and ultimatally lead to the theory of discounting utility. It is then that
Premium Economics Utility Preference
Decision Making Across the Organization The key strategic in every organization is to identify what is the influence of decision making across the organization as a whole. There are benefits and challenges in every organization no matter how large or small it may be. Business owner has to have a plan and a solution for every challenge that may arise in the organization. A manger is not to be in reasonable when he has to make a decision for the organization; he is to be expected to have a solution
Premium Costs Variable cost
For many years‚ people asking a question which came first the chicken or the egg. This question is often asked on the same level as the question are leaders born or made. In the following paragraphs‚ it is going to be discussed about whether leaders naturally born or they gradually obtain directive skills during their life experience. According to Mishra & Karen (2008) although some people are born with leadership abilities‚ while other people get their leader skills during their life experience
Premium Family Management Developmental psychology
Groupware and Decision Joanna Marie M. Ramirez Aljon C. Rarang ANAROS ARNE de SILVA HCI Professor: Elizabeth St. Ana Groupware and Decision What is groupware? The Time/Space Matrix Classification by Function Email and bulletin boards Structured message systems Video conferences and communication Argumentation tools Meeting rooms Typical meeting room Issues for cooperation shared Applications and Artefacts Shared work surfaces
Premium Decision support system
10:35 AM Page 96 Chapter 4 DECISION ANALYSIS CONTENTS 4.1 PROBLEM FORMULATION Influence Diagrams Payoff Tables Decision Trees DECISION MAKING WITHOUT PROBABILITIES Optimistic Approach Conservative Approach Minimax Regret Approach DECISION MAKING WITH PROBABILITIES Expected Value of Perfect Information RISK ANALYSIS AND SENSITIVITY ANALYSIS Risk Analysis Sensitivity Analysis DECISION ANALYSIS WITH SAMPLE INFORMATION An Influence Diagram A Decision Tree Decision Strategy Risk Profile Expected
Premium Decision theory Decision tree