the introduction of financial institutions during the early colonial period in the 19th Century‚ where the influence of British institutions was a key driving force. The end of that period was marked by the 1890s depression which saw a major rationalisation of Australia’s financial institutions. The start of the modern era of financial regulation can be traced back to the introduction of banking legislation in 1945 and the establishment of Australia’s first central bank. In more recent times‚
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Introduction of Max Webber: M ax Webber was born in April 21‚ 1864 at Erfurt‚ Prussia (Germany). He was German sociologist and political economist who profoundly influenced social theory‚ social research and discipline of sociology itself. Webber is often cited with Emile Durkheim and Karl Marx as one of the three principle architects of Modern Social Science. Max Webber was a sociologist and political economist known for describing the protestant ethic and for helping to found the German Democratic
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Differential Association Theory Differential Association Theory was introduced by Edwin Sutherland‚ arguably one of the most influential criminologists of the twentieth century. His theory of differential association was brought about in 1947. It evolved from the Chicago School of sociology which observed an increase in crime from areas lacking social organisation and social control (Peters‚ 2008). Crime was explained by factors such as age‚ social class‚ race and geographical location. The theory
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The Trolley Problem‚ originally proposed by Philippa Foot prompted a range of responses. More specifically from Judith Jarvis Thomson‚ who presented a variation and response to this scenario. One of Thompson’s adaptation encapsulates the notion of a bystander who has the option to either remain inactive and let five people die or to reroute the trolley‚ by means of flipping a switch that would cause the trolley to move towards the direction of the other track with one worker‚ hence killing them
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THE ROLE OF BUREAUCRACY IN THE PUBLIC SECTOR OF AFRICA. (GHANA AS A CASE STUDY) By Mawuli Komla Kottoh A research proposal submitted to the CHINESE SCHOLARSHIP COUNCIL in partial fulfilment of the requirement for Master’s degree scholarship in public administration in international development at Tsinghua University. March 2015. ABSTRACT Even though the public sector in African countries is expected to spearhead socioeconomic development to reduce poverty‚ it has proved largely ineffective
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However‚ it also can be define as a continuation of the bureaucratic control by other means. The dеfinition of bureaucracy givеn by Warwick is a “type of organisation designed to accomplish large-scale administrative tasks by systematically coordinating the work of many individuals” (1974). However‚ he is not the first who define that concept. The characteristics of the concept bureaucracy were first systematically formulated by Max Weber who managed to see in the bureaucratic organisation a highly
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easyJet of new entrants stems mostly from rival budget airlines flying short haul. Capital requirements are high to establish an airline‚ and there are already signs that the market is becoming saturated (which may lead to an eventual market rationalisation). easyJet already enjoys economies of scale and therefore has a cost advantage over any new entrant. The brand is well known and highly publicised‚ again‚ something which a new entrant would struggle to replicate. • The power of suppliers
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organisation of an economy for the purpose of manufacturing. Industrialisation also introduces a form of philosophical change where people obtain a different attitude towards their perception of nature‚ and a sociological process of ubiquitous rationalisation. There is considerable literature on the factors facilitating industrial modernisation and enterprise development. Key positive factors identified by researchers have ranged from favourable political-legal environments for industry and commerce
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Background Bureaucracy is a method of organizing people and work that is based on the principles of hierarchical authority‚ job specialization‚ and formalized rules. As a form of organization‚ bureaucracy is the most efficient means of getting people to work together on tasks of great magnitude and complexity (Patterson‚ 2003). At present bureaucrats are known in different names like permanent executive‚ non- political executive‚ civil servants‚ public servants‚ officialdom‚ departmental government
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Leadership theories. What makes a good leader‚ some say it’s the ones who can inspire and get the most from their staff but there are many qualities a good leader has. Leaders should be able to think creatively to provide a vision for the company and solve their problems‚ to be calm under pressure and make clear decisions. Excellent leaders have to possess excellent two-way communication skills and posses an air of authority. A leader should be well informed and knowledgeable about matters relating
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