The Scope of Financial Management
Financial management can be broadly defined as the management of the finances of an organization in order to achieve its financial objectives. Financial management mainly…
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STATEMENT OF FINANCIAL INFORMATION
INTRODUCTION TO FINANCIAL STATEMENT Under Financial statement analysis, the information available is grasped together in order to find a meaningful relationship. The main purpose of…
Motivation and expectancy theory
Expectancy theory is a theory of motivation based on the belief that people’s efforts to achieve depend on their expectations of reward. Working within the…
Motivation and attribution theory
Attribution theory seeks to understand peoples’ explanations and excuses, particularly when applied to success or failure (wherein lies the theory’s greatest importance for education, in…
Motivation and human needs
Whereas behavioral learning theorists (e.g., Bandura, 1986; Skinner, 1953) speak in terms of motivation to obtain reinforcers and avoid punishers, other theorists (e.g., Maslow, 1954)…
Motivation and behavioral learning theory
The concept of motivation is closely tied to the principle that behaviors that have been reinforced in the past are more likely to be repeated…
Leadership, management & supervision
Theorists of organizational style:- Joan Woodward: Type: Contingency approach Focus on: Size of organization, Technology/task, environment Functions: custom production-custom technology mass production-tight supervision continuous…
Why You Need to Use a VPN When Traveling to the Philippines in 2019
The Philippines are known for their beautiful scenery and natural beauty. There is simply so much to do in the country. One can swim and…
Taylor’s Differential Piece Rate System of incentive methods of wage payment
F.W. Taylor, founder of the scientific management evolved this system of wage payment. Under this system, there is no guarantee of minimum wages. Standard time…
Likert’s Linking Pin Model
Likert have given the idea of linking pin model for connecting various parts of the organisation. The model is based on two basic characteristics…