the business and not due to his contribution to the business. Any increase in owner’s equity is called revenue and any reduction in it termed as a loan. In fact‚ it is the direct outcome of Realization Concept (already discussed) and the Accounting Period concept. In a way‚ realization concept has been split up into two parts‚ namely‚ production of economic goods or rendering of economic services‚ and realization of due revenue. Any uncertainty about any of the two elements beyond
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Theories & Concepts of Motivation Motivation is defined as communicating to an internal force that actuates a behavioral pattern‚ thought process‚ action or reaction. Negative forces can act as actuators. Many theories of motivation focus on inborn biological processes that control behavior. Among these biologically oriented theories are instinct‚ drive‚ and arousal theories. You were born with instincts that are there to help you survive. Instincts are behavioral patterns that are unlearned
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SELF - CONCEPT Self-concept is the unique‚ dynamic and always evolving way people think about themselves. Component’s of self-concept: 1. Identity - conscious description of oneself 2. Body Image - perception of physical self: appearance‚ function and ability 3. Self-Esteem - personal opinion and self-worth 4. Role in Society - assumed expected behavior Factors Affecting Self - Concept MASLOW’S HIERARCHY OF NEEDS Original 1940s version by Maslow 1990s Adapted Version 1940s MASLOW HIERARCHY
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around us. This thinking is known as Chaos Theory. Although the word "chaos" is traditionally associated with total disorder‚ it is misleading when describing Chaos Theory. In 1986‚ a group of scientists submitted a new definition for chaos: "Stochastic behavior occurring in a deterministic set." This definition was later changed to "Lawless behavior that is ruled by law." Although Chaos Theory has only been around for about 50 years‚ its principles have been around for much longer than that
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Accounting Principles and Concepts http://misscpa.com/basic-accounting-principles-and-concepts/ Accounting is called the language of business that which communicates the financial condition and performance of a business to interested users‚ also referred to as stakeholders. In order to become effective in carrying out the accounting procedure‚ as well as in communicating the financial information of the business‚ there is a widely accepted set of rules‚ concepts and principles that governs
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Unit 001 Understanding the Principles and Practices of Assessment 1. Explain the functions of assessment in learning and development. The functions of assessment in learning and development is to measure whether a person has managed to demonstrate learning. Assessment is a continuous process that provides learners with an opportunity to demonstrate competency‚ in regards to learning and development this can either be related to a work place environment or academically. Any conclusions drawn from
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Evolution of leadership theories 1) The Great man Theory (Trait Theories) These were basis of leadership research until 1940’s. The great man theory from Aristoteham philosophy asserts that some people are born to lead whereas others are born to be led. Trait theory(ies) assume that some people have certain characteristics or personality trait that make them better leaders than others. (refer to traits as stipulated by Bass (notes) Behavioral Theories During human relations era‚ many behavioural
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Self-concept (P3) Is the knowledge you have about who you are; it is sometimes described as self-awareness. Self-concept is based on three things: * Self-image is an idea of who you are. * Ideal-self is who you would like to be. * Factors that influence a persons self-concept Age: our self concept changes when we get older . Each different age presents different challenges to our self -concept . Appearence: what we look like is very important to us. We make assumptions about
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An overview of the principles underlying this work with parents. The principles underlying our work with parents is based upon Individual (Adlerian) Psychology developed by Alfred Adler. Humanistic or client-centred psychology underpins the relationship between the facilitator and the parent (our client). Individual Psychology Some of the core concepts of this theory are All behaviour is goal directed which means that we behave in a certain way to meet specific goals. We are social beings‚ therefore
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discuss what makes up your self-esteem and the different things that influence and mold your self- esteem. Self-esteem is what and how you feel about yourself. Self-esteem shows how you value yourself and how important you think you are. Good self-esteem is important because it helps you hold your head high and feel proud of yourself and what you can do (Sheslow 2005). Good self-esteem gives you courage to try new things. It also makes you believe in yourself. Positive self-esteem helps you make good
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