Professional Documents
Culture Documents
EME-9
• Theory Y: - These managers believe that employees obtain satisfaction from doing a job well. They
feel that employees do not need close supervision. Employees are allowed a great deal of control over
their own work & are not supervised closely.
• Theory Z: - the manager who changes from one viewpoint to another as circumstances change is likely
to be the most effective manager. Flexibility is crucial because all employees are different.
Maslow’s Hierarchy of NeedsS
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McClelland’s Achievement Theory
No Satisfaction Satisfaction
Dissatisfaction No Dissatisfaction
Company Policy
Administration
Supervision
Salary
Working Conditions
Standards
• Expected amount of work
• consistency in performance
Cost
• why the head of the accounting dept is
called the controller
• i.e. most widely used cost controlling
device is a budget- actual costs are
compared to budgeted amounts