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Workers interest in participation is also influenced by certain personnel or group characteristics. For example several research studies have shown that both very low and very high levels of task relevant maturity discourage participation. Participation by extremely immature workers is like the blind leading the blind. It is pooling of ignorance. On the other hand extremely mature workers rarely participate. They resist group think because they prefer only the expert in an area to make the decisions. Thus the effectiveness of workers participation in management increase as one moves from low to moderate levels of maturity and then begins to plateau and finally to decline as workers become high in task relevant maturity.
Q. Yield curve - influence the rate of interest? The normal yield curve demonstrates that the yield required on debt increases in line with the term to maturity. One reason for
Q. Define Implicit cost and explicit costs? Implicit cost and explicit costs: the implicit cost is the rate of return associated with the best invests opportunity for the firm
What are the Corporate Bonds? Corporate bonds are issued by huge corporations while they require long-term financing. They generally make interest payments double a year (sem
Definition of 'Working Capital Turnover': A calculation comparing the depletion of working capital to the generation of sales over a provided period. This provides some useful
Wha is Asset turnover- performance ratios Asset turnover = Turnover/ Total assets or capital employed This demonstrates how much sales are generated for every £1 of capit
The following are extracts of the Income Statement and Balance Sheet for Umar plc. Extract Balance Sheet at 30 June 20X2 20X1 £'000 £'000 £
(a) The subsequent is a discussion based upon IFR Special Report in issue 1239 during the Year 1998. Danish mortgage bonds have extended been domestic investors' referred d
Determination of Credit Terms:- The second feature of receivable management, subsequent to setting the credit standards and assessment of credit worthiness of the customers, i
Bankers' acceptance is a debt instrument created to smoothen the commercial trade transactions. It is named so because a banker in this case accepts the ultimate
Factors of Importance of returns in any investment Importance of returns in any investment decision can be traced to the following factors: It enables investors to
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