Theory X and Theory Y Understanding Team Member Motivation What motivates employees to go to work each morning? Many people get great satisfaction from their work and take great pride in it; Others may view it as a burden‚ and simply work to survive. This question of motivation has been studied by management theorists and social psychologists for decades‚ in attempts to identify successful approaches to management. Social psychologist Douglas McGregor of MIT expounded two contrasting theories
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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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Each of these views‚ which McGregor called Theory X and Theory Y‚ has implications for management. Theory X (’authoritarian management’ style) -People do not really like to work and will avoid it if at all possible so they must be coerced‚ controlled‚ directed‚ threatened with punishment to get them to work. -The average worker avoids responsibility‚ is unambitious and wants security more than anything else. -Management based on Theory X is paternalistic at best and‚ at very least‚ authoritarian
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Carlos Flores Raquel Crego ------------------------------------------------- March 5th‚ 2011 Horizontal and Vertical Analysis from Macy’s Inc. (All figures are expressed in US dollars) The following financial report is generated from the Financial Statements of the department stores and Internet Websites that sell a range of merchandise‚ including men’s‚ women’s‚ and children’s apparel; and accessories‚ cosmetics‚ home furnishings‚ and other consumer goods. Macy’s‚ Inc. The figures stated
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XACC/280 Week 7 Checkpoint: Ratio‚ Vertical & Horizontal Analysis Jennifer Brooks 3/5/2010 Three commonly used tools of financial system analysis are the horizontal analysis‚ the vertical analysis‚ and the ratio analysis. The horizontal analysis is a technique used for evaluating financial statement data over a period of time. This serves to show performance increase and decrease and may be expressed as an amount or percentage. The horizontal analysis is useful in comparing the results
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Present value is where the value on a set date of a future payment is discounted to reflect the time value of money and other factors. This can also apply to a series of future payments. Present value calculations are commonly utilized in business and economics to provide a way to compare cash flows at different times. Present value can be described as the current worth of a future sum of money or stream of cash flows given a specified rate of return. (http://www.getobjects.com) Future cash flows
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Theory X and Theory Y Douglas McGregor (1906 - 1964) is one of the forefathers of management theory and one of the top business thinkers of all time. He was a social psychologist who became the President of Antioch College. He later became a professor of management at Massachusetts Institute of Technology (he was succeeded by Warren Bennis). His book The Human Side of Enterprise (1960) had a profound influence on the management field‚ largely due to his Theory X and Theory Y. McGregor developed
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Theory X and Theory Y After World War II there were several studies performed that ultimately revealed how assumptions about workers’ attitudes and behaviors affect managers’ behavior. In the 1960s one of the most influential approaches was created and developed by Douglas McGregor at the MIT Sloan School Of Management. He proposed two sets of assumptions about how work attitudes and behaviors not only dominate the way mangers think but also affect how they behave in organizations. He named these
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Net Assets Value per Units Continue Assets 1- Cash:- A- Cash in Bank. (Bank Statement from Bank All Accounts KD-USD-EURO-YEN ) . B- Cash on hand. (Any Amount takes Management Fund Real Estate Maintenance Expenses in the Building). C- Unclear Cheques. (Any Check Not Respond By Bank). 1-Total Cash 2- Investment:- A- Investment in Real Estate. (Cost Building + Evaluation
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Gregor’s Theory X and Y Before explaining Gregor’s theory X and Y‚let me introduce you to motivation. Motivation internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job‚ role or subject‚ or to make an effort to attain a goal. In other words motivation is the process by which a person’s effort are energized‚directed and sustained toward attaining a goal. In an organization‚ managers need to be ale able to motivate employees
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