their transaction costs to the foreign investors‚ also increasing the return of capital and eventually increasing economic growth. It is also argued that the inflow of FDI would influence investment in the domestic firma of the host country Theoretical framework of FDI Various theories of FDI There are a number of theories‚ which explain FDI. These theories are all set to be based on an economic environment in which the costs of labor and other resources used in production are too high thereby forcing
Premium Economics Investment Foreign direct investment
Theoretical Framework In the Theory of Fingerprint Verification of A.J. Zeelenberg‚ 1993 the skin on inside of a finger is covered with pattern of ridges and valleys. Already centuries ago it was studied whether these patterns are different among individuals. Indeed every person is believed to have unique fingerprints. This makes fingerprints suitable for verification of the identity of their owner. Although some fingerprint recognition systems do the comparison on the basis of actual recognition
Premium Fingerprint Biometrics Sensor
THE UNITARY AND PLURALIST VIEWS There are two basic views expressed about the basis of the relationship between management and trade unions in particular or employees in general: the unitary and the pluralist perspectives. The unitary view It is typically held by managements who see their function as that of directing and controlling the workforce to achieve economic and growth objectives. To this end‚ management believes that it is the rule-making authority. Management tends to view the
Premium Management Multiculturalism Sociology
References: Bacharach‚ S. and Lawler E.‚ 1981‚ “Power and Tactics in Bargaining” Industrial & Labour Relations Review‚.34(2):219-233 Bazerman‚ M Burton‚ John W‚ 1987‚ Resolving Deep-Rooted Conflict: A Handbook. Lanham‚ MD and London: University Press of America. Carnevale‚ P. J.‚ & Pruitt‚ D. G. 1992‚ “Negotiation and mediation”‚ Annual Review of Psychology
Premium Negotiation Dispute resolution Mediation
Chapter 2: Theoretical Framework on Employees Motivation 1. Definition of Motivation and Employee Motivation 1. Definition of Motivation Many contemporary authors have also defined the concept of motivation. Motivation has been defined as: the psychological process that gives behavior purpose and direction (Kreitner‚ 1995); a predisposition to behave in a purposive manner to achieve specific‚ unmet needs (Buford‚ Bedeian‚ & Lindner‚ 1995); an internal drive to satisfy an
Premium Motivation Maslow's hierarchy of needs
imperative for the management to empower the employees. Employee Empowerment refers to enlargement of an employee’s job responsibility by giving him the authority of decision making about his own job without prior approval of his immediate supervisor so that action would be taken without delay or loss of opportunity. Empowerment is the measure of degree of responsibility and authority given to an employee in an organization. Through Employee Empowerment‚ employees are supported and encouraged to utilize
Premium Scientific method Sampling Employment
of employee empowerment‚ such as one carried out by Erickson et al‚ revealed that employee empowerment is said to occur when the management and employers pursue goals of both personal as well as professional growth for their employees. For example the senior managers and leaders within the organizations can assist their employees in enhancing their capabilities‚ in turn enhancing their potential to fully utilize their capabilities. The following paper takes on the example of the employee empowerment
Premium Leadership Management
Managing Employee Relations * Relationship between an employer and employees lies at the heart of what makes an organisation effective. * Employees have power to allow organisation to meet and exceed its objective or to fail. * Highly motivated employees= more productive‚ engaged and greater contribution towards its overall direction and success. * Demotivated employees= high absenteeism‚ poor time keeping‚ low productivity‚ strikes (collective strike) ‚ working to rule= undermine
Premium Trade union Employment Organizational studies and human resource management
Logical Structure or Theoretical Framework Problems do not exist in nature but in the minds of people. This can be seen from an examination of the definition of problem: problems stem from the juxtaposition of factors which results in a perplexing or enigmatic state of mind (a cognitive problem)‚ an undesirable consequence (a psychological or value problem)‚ or a conflict which obscures the appropriate course of action (a practical problem). Cognitions‚ values and practices are attributes of persons
Premium Research Scientific method Theory
Chapter 2 THEORETICAL FRAMEWORK 2.1 Introduction The theoretical framework gives information about concepts‚ together with their definition which are used in the proposed system. This chapter will be giving the relationship of the existing theories given below to the proposed system. 2.2 Transaction Processing System A transaction processing system‚ or TPS‚ is a system to capture and process the detailed information necessary to update data on the fundamental operations of an organization. A
Free Visual Basic Microsoft Microsoft Access