Agency Theory A theory that explains the relationship between principals and agents in business (In this relationship‚ the principal hires an agent to do the work‚ or to perform a task the principal is unable or unwilling to do. For example‚ in corporations‚ the principals are the shareholders of a company‚ delegating to the agent i.e. the management of the company‚ to perform tasks on their behalf.) Agency theory is concerned with resolving problems that can exist in agency relationships;
Premium Principal-agent problem Organizational studies Organization
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
Premium Motivation
Jean Piaget Cognitive Development Theory Biography: Jean Piaget was born in Neuchatel‚ Switzerland on August 9‚ 1986 to Arthur Piaget and Rebecca Jackson. At a young age‚ he displayed great fascination for Biology‚ his intellectual love. Jean Piaget‚ at the age of 10 published his first article‚ which described the albino sparrow he observed. Between the ages of 15 and 18‚ he published several more articles and most of them are mollusks. Jean Piaget was especially
Premium Jean Piaget Theory of cognitive development
Theories 1 Theories Individual Counseling Theory Techniques Lamar University Theories 2 Theories Adlerian‚ Cognitive Behavioral and Solution-Focused Brief Therapy are three major theories that are used extensively in the counseling world. Some counselors use each as a single treatment approach while others chose to blend things from two or more together. The theory or approach that is chosen by a counselor must be one that they are knowledgeable in and feel comfortable with
Premium Cognitive behavioral therapy Psychotherapy
Theories of Motivation Overview At a simple level‚ it seems obvious that people do things‚ such as go to work‚ in order to get stuff they want and to avoid stuff they don’t want. Why exactly they want what they do and don’t want what they don’t is still something a mystery. It’s a black box and it hasn’t been fully penetrated. Overall‚ the basic perspective on motivation looks something like this: In other words‚ you have certain needs or wants (these terms will be used interchangeably)
Free Motivation Reinforcement Maslow's hierarchy of needs
was interested not only in the nature of thought‚ but in how it develops and understanding how genetics impact this process. Vygotsky’s Sociocultural Theory: Vygotsky is best known for being an educational psychologist with a sociocultural theory. This theory suggests that social interaction leads to continuous step-by-step changes in children’s thought and behavior that can vary greatly from culture to culture. Basically Vygotsky’s theory suggests that development depends on interaction with people
Premium Learning Education Knowledge
1. We selected Florence Nightingale’s Environmental theory. Florence. Nightingale’s theory helped in the development of modern nursing. She was the one who observed the effect of surroundings on healing of mind and body. Her philosophy was that nature helps in curing the sick. In the development of modern nursing and nursing education Florence Nightingale has played an important role. She was born on May 12‚ 1820 in Italy. Her parents were wealthy and they did not like her joining the nursing. Nightingale
Premium Nursing Crimean War Florence Nightingale
Bhathal Period: 2B Child Development 5/23/13 LEV VYGOSTKY THEORY Lev Vygostky was born to Russian parents on November 17‚ of 1896. Lev vygostky was the second oldest child out of the eight in the family. His mom was a teacher and a full time housewife. His dad was a respected bank manager in Bank of Gomel. Lev Vygostky was never scared to speak in public. Lev Vygostky studied law and graduated with a degree of law from the University of Moscow. While he studied there he was known as
Premium Developmental psychology
Motivation is derived from Latin word mover which means “to move” motivation is the process that account for an individual’s intensity direction and persistence of efforts toward attaining a goal. While general motivation is concerned with effort to word any goal we will narrow the focus to organizational goals in order to reflect our singular interest in work related behavior. The three key elements in our definition are intensity direction and persistence intensity is concerned with how hard a person
Free Motivation Self-efficacy
In this assessment‚ you will be involved in self-reflection. Create an example of how each of the four terms relates to your life. Each example must be a minimum of four to six sentences in length and convey an understanding of the term. 1. Attribution theory There are two types of attribution theories: internal and external. If we notice someone cut in line at the grocery store‚ we see them as selfish‚ rude‚ inconsiderate‚ or a bad person: all because they cut in line. These are all internal
Premium Social psychology Attribution theory Cognition