Dividend Policy Factors Affecting Dividend Policy: 1. External Factors 2. Internal Factors External Factors Affecting Dividend Policy 1. General State of Economy: * In case of uncertain economic and business conditions‚ the management may like to retain whole or large part of earnings to build up reserves to absorb future shocks. * In the period of depression the management may also retain a large part of its earnings to preserve the firm’s liquidity position. * In periods of
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Group Motivation Chiquita Thomas SOC/110 Gearlean Lloyd October 09‚ 2012 Group Motivation This chapter has talked about how to get people motivated and what it takes to meet the member’s needs. “Group motivation provides the inspiration‚ incentives‚ and reasons that move group members to work together to achieve a common goal” (Engleberg & Wynn‚ 2010‚ p. 138). Engleberg and Wynn (2010) stated‚ “Without motivation‚ we may know what we need to do and even how to do it‚ but we lack the will
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Stages of Group Development: Groups generally pass through a standardized sequence in their evolution. We call this sequence the five stage model of group’s development. Although research indicates that not all groups follow this pattern‚ it is a useful framework for understanding group development. The Five-Stage Model: The five stage model pass through five distinct stages: Forming‚ Storming‚ Norming‚ Performing & Adjourning. Stage 1: Forming The “forming” stage takes place when the
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study of groups and teams is inseparable from the study of human resource management. It helps develop a deeper understanding of employment relations. In simple words‚ groups can be defined as two or more people who interact with each other to accomplish certain goals while a team is a small amount of people with complementary skills who are committed to an approach for which they hold themselves mutually accountable. In the essay‚ it will provide an understanding of what teams and groups are. Secondly
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As groups are forming it is easy to see that each group member has unique skills and strengths. As a group starts to develop‚ each group member starts to play a certain role within the group. Roles are very important within in a group because they are part of the basic structure. The roles of small groups are not usually assigned in advance‚ but overtime emerge within the group. Roles within a group can arise from individuals stepping up to fulfill a role or they already have the skills needed to
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Introduction Group Dynamics The study of group dynamics is strongly influenced by the field of social psychology. Social psychologists try to understand human behavior in its broader social context‚ in contrast to most subfields of psychology which focus on the individual. In essence‚ social psychologists are interested in the ways that individuals‚ groups‚ and larger social aggregates influence people behaviorally‚ cognitively‚ affectively‚ and physiologically. Human behavior is thus viewed
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Liberty University Defining and Classifying Groups According to the course text‚ “A group is defined as two or more individuals‚ interacting and interdependent‚ who have come together to achieve particular objectives” (Robbins & Judge 2009). There are multitudinous types of groups including formal groups‚ informal groups‚ command groups‚ task groups‚ interest groups‚ and friendship groups. In the fire department‚ an engine company is an example of a formal group. There is an officer‚ a driver‚ and a paramedic
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Group Influence: Surface Navy Association Riunite Izquierdo PSY 400 September 22‚ 2014 Joyce Willis Group Influence For this paper I decided to sit with a group that I know‚ but I choose to stay away from because I did not want to be part of that “mold” According to Myers‚ an group is “two or more people who interact with and influence each other” (Myers‚ 2010). However‚ the scopes of a group spread further. Behaviors within the group affect the other and‚ events within the group affect
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Groups and teams Discuss the differences between groups and teams. How can groups and teams enhance organisational performance? Discuss the advantaged of developing a synergy within a group/team What other characteristics may be present within a group and its members? Answers: Group means two or more people who interact with each other to accomplish certain goals or meet certain needs. Team means a group whose members work intensely with each other to achieve a specific‚ common goal or
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or behavior in order to fit in with a group. This change is in response to real (involving the physical presence of others) or imagined (involving the pressure of social norms / expectations) group pressure. Conformity can also be simply defined as “yielding to group pressures” (Crutchfield‚ 1955). Group pressure may take different forms‚ for example bullying‚ persuasion‚ teasing‚ criticism etc. Conformity is also known as majority influence (or group pressure). The term conformity is often
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