douglas Mc Gregor's ideas about the assumption that in managing other were explored .
these assumption McGregor referred to as theory X and theory Y
IN THEORY X manager believe that their employees are basically lazy , need constant supervision and direction and that are indifferent to organization need
IN THEORY Y manager believe that workers enjoy their work , are self - motivated , that are willing to work hard to meet person and organization goals
MC = f'(x) = df/dx Marginal cost is equivalent to the derivative of the cost function.
The assumption that Theory X and Theory Y about workers influences management styles. The assumptions of these two theories differ from employee motivation as well as satisfying employees' needs.
In 1960, Douglas McGregor formulated Theory X and Theory Y suggesting two aspects of human behaviour at work, or in other words, two different views of individuals (employees): one of which is negative, called as Theory X and the other is positive, so called as Theory Y. According to McGregor, the perception of managers on the nature of individuals is based on various assumptions.Assumptions of Theory XAn average employee intrinsically does not like work and tries to escape it whenever possible.Since the employee does not want to work, he must be persuaded, compelled, or warned with punishment so as to achieve organizational goals. A close supervision is required on part of managers. The managers adopt a more dictatorial style.Many employees rank job security on top, and they have little or no aspiration/ ambition.Employees generally dislike responsibilities.Employees resist change.An average employee needs formal direction.Assumptions of Theory YEmployees can perceive their job as relaxing and normal. They exercise their physical and mental efforts in an inherent manner in their jobs.Employees may not require only threat, external control and coercion to work, but they can use self-direction and self-control if they are dedicated and sincere to achieve the organizational objectives.If the job is rewarding and satisfying, then it will result in employees' loyalty and commitment to organization.An average employee can learn to admit and recognize the responsibility. In fact, he can even learn to obtain responsibility.The employees have skills and capabilities. Their logical capabilities should be fully utilized. In other words, the creativity, resourcefulness and innovative potentiality of the employees can be utilized to solve organizational problems.Thus, we can say that Theory X presents a pessimistic view of employees' nature and behaviour at work, while Theory Y presents an optimistic view of the employees' nature and behaviour at work. If correlate it with Maslow's theory, we can say that Theory X is based on the assumption that the employees emphasize on the physiological needs and the safety needs; while Theory X is based on the assumption that the social needs, esteem needs and the self-actualization needs dominate the employees.McGregor views Theory Y to be more valid and reasonable than Theory X. Thus, he encouraged cordial team relations, responsible and stimulating jobs, and participation of all in decision-making process.Implications of Theory X and Theory YQuite a few organizations use Theory X today. Theory X encourages use of tight control and supervision. It implies that employees are reluctant to organizational changes. Thus, it does not encourage innovation.Many organizations are using Theory Y techniques. Theory Y implies that the managers should create and encourage a work environment which provides opportunities to employees to take initiative and self-direction. Employees should be given opportunities to contribute to organizational well-being. Theory Y encourages decentralization of authority, teamwork and participative decision making in an organization. Theory Y searches and discovers the ways in which an employee can make significant contributions in an organization. It harmonizes and matches employees' needs and aspirations with organizational needs and aspirations.
No. Monopolistically competitive firms, by definition, invest in R&D to create product specialisation. R&D is a form of fixed-investment, so if the firm continually invests in R&D during all periods, then, in the long-run, AC cannot equal MC because FC/x will not approach 0 (assuming the firm constantly invests). If the firm ceases to invest at any point to remain specialised, then it will eventually approach MC = AC as x -> infinity in the long-run.
In economics and consumer theory, quasilinear utility functions are linear in one argument, generally the numeraire. Formally, for example, such a utility function could be written U(x,y) = u(x) + by, where b is a positive constant. Then if u'(x) > 0 and u''(x) < 0, the indifference curves are parallel. Because in standard consumer theory utility functions are ordinal, one may assume without loss of generality that b = 1.These links will lead you to a detailed explanation :http://www.econ.ku.dk/grodal/RES.pdfhttp://www.hks.harvard.edu/nhm/notes/not…Source(s):http://en.wikipedia.org/wiki/Quasilinear
enstiens einstein's theory of relativity e=mc squared
Douglas Mc Gregor's assumption is base upon theory X and theory Y. Theory X xplains those people who don't like to work, try to escape from work as much as possible. on the other hand theory Y xplains those, who worship their work and enjoy 2 work.
One criticism of McGregor's Theory X is that it creates diseconomies of scale in large applications. One criticism of McGregor's Theory Y is that it may not be possible for the superior-subordinate relationship to flower organically.
The cast of Streetwise x MC Eiht - 2013 includes: MC Eiht as MC Eiht
x assumes employees are unmotivated etc and have to be handled with severity like prison inmates Y assumes employees want to be productive, helpful and creative and can be managed to maximize these efforts. A theory X manager will soon beat the motivation out of a theory Y worker, thus proving to himself that X was right all along. A theory Y manager will eventually figure out that a theory X worker believes people are unmotivated because the worker himself is unmotivated. Thus, it is better for work teams to be all X or all Y. Given that, the Y teams will out produce the X teams.
McGregor's theory of motivation includes two contrasting approaches: Theory X and Theory Y. Theory X assumes that employees are inherently lazy and require strict supervision, while Theory Y suggests that employees are self-motivated and seek out challenges. McGregor believed that an organization's management style should align with Theory Y to encourage employee engagement and creativity.
Streetwise x MC Eiht - 2013 was released on: USA: 13 March 2013 (internet)
McGregor's Theory X posits that employees inherently dislike work, avoid responsibility, and need to be closely monitored and controlled. On the other hand, Theory Y suggests that employees are motivated, enjoy work, seek out responsibility, and can be creative when given the opportunity. Theory X is more pessimistic and traditional, while Theory Y is more positive and modern in its approach to managing employees.
Centralization:decentralization::theory X:Theory Not-X
The Roman numeral MC III is equivalent to the Arabic numeral 1103.
e= mc square!
MC is 1100 in Roman Numerals. VII is 7. 1100 x 7 = 7700. In Roman Numerals 7700 is MMMMMMMDCC.