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How does Theory Y affect a company's culture?
It is essential for management to create an environment and culture where employees can display this behavior. Theory Y affects the determination of promotions and salaries and the development of effective managers. McGregor found that Theory Y as beneficial to participative problem solving.
What are the two ethical theories of business?
It outlines the positions the two ethical theories. It further discusses on claim ‘So long as a business’s actions are legal and accepted by consumers and shareholders, the actions can be considered ethically good’. Finally it outlines and illustrates one criticism that an opponent might level at each of the ethical theories.
What makes a business considered to be ethical?
Drawing on the following claim that ‘So long as a business’s actions are legal and accepted by consumers and shareholders, the actions can be considered ethically good’. Utilitarianism involves an equal and impartial consideration of interest.
Why is an introduction to business essay important?
An Introduction to Business Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.
Last Update: Oct 2021
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Jenneth
23.10.2021 04:55
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The 1st part of possibility of business is the assumptions astir the about the environment of the organization which ar the society and the structure, the market, the client and.
Iven
23.10.2021 04:45
Equally stated, every establishment, whether a business or not has a theory of the business.
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Meinrad
19.10.2021 08:52
The article, the hypothesis of business, is about how businesses find their ain theory of the business.
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