The objective of this essay is to critically evaluate why followers and public give too much credit or blame to leaders for organisational outcomes. The content of this essay comprises an analysis of what makes leaders effective and how followers view the leaders’ influence on organisational outcomes. I will discuss a number of theories (attribution‚ contingency‚ initiation and consideration) and examples of leaders from international organisations; including James Burke Chief Executive Officer of
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a) Explain the difference between Act and Rule Utilitarianism (25 marks) Throughout this essay I will be comparing the Act and Rule variations of Utilitarianism to uncover the difference between the two. Utilitarianism is teleological or consequentialist approach to ethics‚ which argues that something is good or bad according to its benefit for the majority of the people. Jeremy Bentham formalized this theory through his principle of Utility‚ “the greatest good for the greatest number”. Act Utilitarianism
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widely popular Golden Rule and the lesser known Platinum Rule. The Golden Rule‚ which seems to be almost a moral standard as variations of this rule are found amongst various religions which we sum to “Treat others as you would like to be treated.” The platinum rule is the idea that you should “Treat others as they would like to be treated ”. The Golden Rule encourages an egocentric based morality which cultivates a distorted and disconnected view of service while the Platinum Rule encourages individualism
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Credit Analysis Credit analysis is a type of analysis which calculate the creditworthiness of a business by the bond portfolio manager. The analysis seeks to identify the appropriate level of default risk when a bank provides a lending to the business or individual (Credit Analysis ‚ n.d.). According to Weerasooriya‚ the three basic principles that lead to lending decision are safety of loan‚ suitability of loan purpose and profitability. The first principles is the safety of loan which refers
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golden rule The golden rule is all about how we all need to treat others the same way you want to be treated and how we should be nice to everyone. 1a) -A quote that explains the golden rule for christians is "so whatever you wish that others would do to to you‚ do also to them‚ for this is the low and the prophets" Matthew 7:12 . -A quote that explains the golden rule for muslims is “ none of has faith until he loves for himself sahih muslim 1:72 -A quote that explains the golden rule for Jewish
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Strategic Formulation Business Level Strategy The fun heaven focuses on the idea that beautiful memorize and good times are usually the simplest ones. When one remembers childhood or a day with friends or grandparents and family it most probably will be a picnic or an outdoor activity or a competition that most probably was not in a luxuries place‚ however the memory made makes it an amazing place. this is what fun heaven focus its strategy on‚ it is the believe that we can provide the most amazing
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Part E The rules of statutory interpretation Introduction In this part we will explore the number of rules developed by the courts to assist with the interpretation of a statute. These are: • the literal rule • the golden rule • the mischief rule • the purposive approach. These rules each take different approaches to interpretation of a statute. Some judges prefer one rule‚ while other judges prefer another. Some judges also feel that their role is to fill the gaps and ambiguities in the
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Financial Accounting‚ Seventh Edition 3 Accounting Accounting Transactions Transactions Event (1). On October 1‚ cash of $10‚000 is invested in Sierra Corporation by investors in exchange for $10‚000 of common stock. 1. +10‚000 3-3 +10‚000 LO 1 Analyze the effect of business transactions on the basic accounting equation. Accounting Accounting Transactions Transactions Event (2). On October 1‚ Sierra borrowed $5‚000 from Castle Bank by signing a 3-month‚ 12%‚ $5‚000 note payable. 1. +10
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BCCI’s offices and shut them down. Around a million depositors were immediately affected by this action. On 7 July 1991‚ Hong Kong Office of the Commissioner of Banking (forerunner of the Hong Kong Monetary Authority) ordered BCCI to shut down its business in Hong Kong on the grounds that BCCI had problem loans and the Sheikh of Abu Dhabi‚ the major shareholder of BCCI‚ refused to provide funds to the Hong Kong BCCI. Hong Kong BCCI was liquidated on 17 July 1991. In 2002‚ Denis Robert and Ernest
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Family Rules Week 8: Chapter 7 October 6‚ 2011 Family Rules In speaking of the rules that pertain to the Grape’s family‚ one could say that rules are not the biggest issue to this family. The rules are far and few between. One unspoken rule in particular is that when dinner is ready‚ the girls carry the kitchen table into the living room to their mother. On one hand it’s good that they are having dinner as a family but on the other hand it’s a little absurd that they cater to her. The unspoken
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