In today’s society work is most likely to be associated with paid work. We always tell people about our paid employment‚ the work where we receive a regular income. So the work we do can play a role in defining our identity and how we see our self. Your employment can also play a major role in terms of; determining a person’s level of income‚ defining a person’s status‚ social class and a person’s Life chances. For example those in upper class enjoy greater life chances than those in working class
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MM with capital structure In 1958‚ Modigliani and Merton Miller in their classical paper “The Cost of Capital‚ Corporation Finance and the Theory of Investment”‚ talked something about capital structure as follow: Consider any company j and let Xj stand as before for the expected return on the assets owned by the company (that is‚ its expected profit before deduction of interest). Denote by Di the market value of the debts of the company; by Sj the market value of its common shares; and by V j
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deviance. Merton (1938) believes that When socially accepted goals or societal norms such as “The American Dream” puts the burden on the individuals to fit in. Thus‚ intensifies the individuals to either blend in the structure the society has to offer or else become an associate of deviance subculture in the endeavor to attain these goals. Merton termed this theory as Strain theories. These theories are amid the first candidly sociological explanation of the sources of deviant behavior. The theory seeks
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Section A Briefly outline and highlight the contribution of Merton’s strain theory to criminology. Robert K. Merton was an American sociologist that wrote in the 1930’s putting out his first major work in 1938 called Social Structure and Anomie. After publication‚ this piece was we worked and tweaked to counter criticisms. The importance of the time frame of which Merton initially began his work is significant‚ as during this time crime and the approach to crime was examined predominantly based
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Theory X‚ Theory Y by Douglas McGregor is a motivation theory. Douglas McGregor is a social psychologist and applied two sets of assumptions to the organizational structure called Theory X and Theory Y. His theory is based on managerial views of human beings. In his book‚ The Human Side of Enterprise‚ he outlined a new role for managers. He stated that managers should assist subordinates in reaching their full potential‚ rather than commanding and controlling. Theory X is negative and Theory Y can
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strain and control theories one must factor into their analysis the sub-categories of each theory and how they contribute to the overall spectrum of crime‚ punishment‚ and social control. The following evaluation consists of those evaluations that consist of the varying forms of both the strain and control theories of crime; including the strengths and weaknesses of each standpoint‚ the empirical validity of each‚ and the overall ramifications for crime prevention. Strain Theories Frustration. This
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Philosophy Ego Theory and Bundle Theory Derek Parfit’s views on personal identity and the Ego and Bundle Theory are all summarized in his article “Divided Minds and the Nature of Persons”. In his article‚ Parfit explains the distinction between Ego theory and Bundle theory and provides several arguments against Ego Theory. Although it proves to be very difficult to believe the Bundle Theory‚ Parfit’s critique is convincing and well thought out. In order to defend the Bundle Theory of personal identity
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1. What is a scientific theory? Please cite a definition you like. As Watson stated in "The Value of Theories"‚ a scientific theory is a systematic explanation that unifies various observed phenomena and facts. Based on observations we make‚ science operates under theories which are constantly revised and checked by experiment. A scientific theory also possesses many vital qualities for true understanding. 2. What is the difference between a scientific theory and common sense ideas about the same
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Theory X and Theory Y From Wikipedia‚ the free encyclopedia This article may require copy editing for grammar‚ style‚ cohesion‚ tone‚ or spelling. You can assist by editing it. (October 2014) Theory X and Theory Y are theories of human motivation‚ created and developed by Douglas McGregor at the MIT Sloan School of Management in the 1960s‚ that have been used in human resource management‚ organizational behavior‚ organizational communication and organizational development. They describe two contrasting
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Theory X and Theory Y represent two sets of assumptions about human nature and human behavior that are relevant to the practice of management. Theory X represents a negative view of human nature that assumes individuals generally dislike work‚ are irresponsible‚ and require close supervision to do their jobs. Theory Y denotes a positive view of human nature and assumes individuals are generally industrious‚ creative‚ and able to assume responsibility and exercise self-control in their jobs. One would
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