The Economic Schools Of Thought - 1445 Words

Freshwater Economics Macroeconomic schools of thought would be prudent to accept certain aspects of the views of other schools of thought to better understand the scope of economic efficiency through the use of various models aimed at understanding the implications that all actions affect outcome. Like other economic schools of thought, Freshwater developed from previous schools of thought as new macroeconomic ideas were discussed and disputed. Neoclassical synthesis was a postwar movement in economics that absorbed the macroeconomic theories of John Maynard Keynes and the theories of neoclassical economics to formulate a synthesis of Keynesian macroeconomics and neoclassical microeconomics. John Hicks developed this theory, presenting it in 1937 and mathematical economist Paul Samuelson coined the term â€Å"synthesis† in his influential textbook, Economics. Representing such adaptations that helped shape consumer decision making and consumer theory, neoclassical synthesis o riginally focused on microeconomics using a comprehensive mathematics framework. Unforeseen at the time, it laid the groundwork as the first step towards Freshwater economics. The second step was led by Milton Friedman and Friedrich Hayek at the University of Chicago. While Friedman worked on re-writing our understanding of The Great Depression, he intended to show that monetary policy by the central bank was at fault, implying that a laissez-faire government fiscal policy would have been betterShow MoreRelatedEconomics : The Economic Thought Schools2009 Words   |  9 PagesThe Economic Thought Schools: From the Beginning to the Present Some economists believe that economics is the study of the universe and how everything in it works. Since economics still has not answered the question of how to make the world perfect, there is no right way to run an economic system. This means everyone has different opinions of what the economy is and how it should be managed. The world can agree on one part of economics though. It is primarily based on money, jobs, production, andRead MoreThe Keynesian School Of Economic Thought1151 Words   |  5 Pages1) List three key concepts from the Keynesian School of economic thought: (25 points) At least one concept must describe the management of aggregate demand. a. The primary concept of the Keynesian School of economic thought revolved around the management of aggregate demand. The author of this idea, John Maynard Keynes, believed the economy was fundamentally unable to sustain itself at full employment. One of his proposed solutions to this was for the government to intervene to increase aggregateRead MoreThe Keynesian School Of Economic Thought1948 Words   |  8 Pagesprosperity they have been recognized and titled as the Keynesian School of Economic Thought as this is a theory believing aggregate demand is influenced by public and private economic decisions. There is also the Monetarism School of Economic Thought which focuses on how the money supply has an effect on the economy and tries to have a stability in price level. A third theory also considered very important is the Austrian School of Economic Though as this theory is a believer of logical thinking withoutRead MoreStigin It To The Man: George Stigler788 Words   |  4 Page smany of our currently used economic principles. Stigler taught at the University of Chicago, where he worked closely with Milton Freidman. George Stigler was said to be quite brilliant in his field and yet, he kept a confident wit about himself that was said to help his students enjoy and understand economics. (Sowell) Comparatively, Stigler was a sort of renascence man in the economic field, as he was well studied, versatile, and involved in many facets of economic thought. Stigler’s drive to disputeRead MoreThe Classical School And The Neoclassic1702 Words   |  7 Pagess Economy as it relates to Classical and Neoclassical Thought Economic thoughts and theories are constantly evolving. One reason being is the growth and evolution of humans and systems. This constant change often brings about greater economics challenges. Thus, we can strongly contend to the fact that the state of today’s economic isn’t as found in the 18th or 19th and so on. Moreover, economic theorists presented with these robust economic challenges often time build up on each other. That isRead MoreMilton Friedman Vs. Monetarism1580 Words   |  7 Pagesseparated by different schools of thought. There’s many schools of thought because macroeconomics is such a complex matter. When there’s problems in the economy answers can be found in a plethora of places, because there’s so many moving parts. These moving parts of the economy are what economists use to make sense of everything. When people view some parts more important than others or find different solutions, different schools of thought become apparen t. One of these schools of thought come from the writingsRead MoreThe Narrative Of The Austrian School1251 Words   |  6 Pagesideas, giving a face to two distinct economic ideals. This CCA offered a unique opportunity to understand this conflict, an experience that this paper hopes to synthesize in an effective manner. This paper will summarize the history of the Austrian School through the narrative of the speakers and show the distinctions between Hayek and Mises as discussed by Dr. Nathan Schlueter. Dr. Eugen Schulak provided the most comprehensive history of the Austrian School, a narrative that the other speakersRead MoreNeoclassical Economics Vs. Keynesian Economics1583 Words   |  7 Pagespost -Second World War growth period, which is called Golden Age of Capitalism, has a great influence in human economic history. During the period of time, a great many of the capitalist countries have dramatically increased their economy and prosperity, such as United State which has a substantially economic expansion at an average rate of 3.5% annually between 1945 and 1970. Economic growth may be resulted by deregulation of market, rise of automotive manufacture and industrialization which contributeRead MoreClassical School Of Thought And The Great Depression1020 Words   |  5 PagesClassical school of thought dates back to the Enlightenment movement and the Industrial Revolution during the eighteenth century, where secularization started to happen resulting in changes on the way o f thinking and analyzing daily life. Adam Smith, also known as the father of economics, wrote An Enquiry into the causes of the Wealth of the Nations in 1776, where he discusses how the wealth of a nation is measured (by GDP), division of labor and lastly, introduces the invisible hand that controlsRead MoreA Healthy Constitution And Food For Thought981 Words   |  4 PagesHealthy Constitution and Food for Thought (and for Credit), the authors deliberate the troubles in today’s society with over processed and unhealthy foods. A Healthy Constitution reminds us of the economics classes that were taught several years ago and the many opportunities it provided to learn about home-cooked and fresh meals instead of driving through a drive-thru to order a processed cheeseburger. The essay Food for Thought (and for Credit) is also based in a school setting and allows us to realize

World War Two Essay - 1315 Words

ne treatment to be after enlightenment, along with war becoming more common and aggressive. The first thing I asked myself when I read this question was what first comes to mind when you think of war the worst war I know of. I immediately thought of my knowledge of World War Two. Today that is one of the most brutal things to look back on. Holocaust was incredibly brutal and inhuman. The things people endured are unimaginable. That was less than on hundred years ago and it doesn’t seem to be improving. I don’t think you can ever say war is ever humane. It is people fighting for what they believe in and doing what they think is right. Most of the time they will kill and do what ever is needed to win the argument. I think one thing that†¦show more content†¦It is also known that not everyone will completely agree with each other all the time. That is where I find Kant saying that we will abolish aggressive war entirely to be untrue. The largest wars happened aft er the enlightenment period and with each war the number of deaths grow. No two people are ever the same. They come from diverse backgrounds and have different experiences. It doesn’t matter if they are from the same town two people are never just alike. This causes problem and disagreements, which will eventually lead to war. Right now, we are in period with no major world wars, there are small ones in many nations. Looking from a world stand point this is seen as a time of peace, but like we talked about in class this correlates with the world right before WWI. Unfortunately, if history repeats itself within the next 50 years wars will ravage the earth again. Aside from the two world wars the number of casualties rise over time. The Taiping war in China from 1851-1864 is where over 22 million people died. That is far more than the thirty years war from 1618-1648, which was said to have over 5 million deaths. The wars many have little connection, but prove the point that war s less than 200 years apart and the amount of deaths more than triples in a third of the time. This is due to rise in total population. Proving my point again the rise of population only brings more issues and we all know issue lead to war. No matter ow bad we want it worldShow MoreRelated World War Two Essay example4701 Words   |  19 PagesWorld War Two On June 18, 1812, President Madison of the United States and Congress declared war on Great Britain. On June 25, the French emperor, Napoleon Bonaparte led his army in Europe across the Nieman River into Russia.(1) Although these two events were thousands of kilometers apart they were directly connected to each other. To some extent, the Americans declared war in protest against measures that were part of Britains effort to defeat Napoleon with the use of blockades. There areRead MoreThe Aftermath of World War Two Essay1495 Words   |  6 PagesThe Aftermath of World War II Some people argue that faith and reason are two completely unrelated concepts. This statement could not be further from the truth. Both faith and reason separate man from animal. Man possesses the ability to think his way through obstacles. When a situation appears too great for logic, faith brings man to the next level. During World War II faith and reason worked side by side. Politicians and military leaders employed reason to break down and destroy theRead MoreEssay on World War Two Interview1016 Words   |  5 Pages Oral Report I chose the easy route of interview my grandpa (Dean Randel) who served in World War II as flight deck operator that signaled the aircrafts and got them ready for flight. He was station in San Diego on the USS Wisconsin which was of course a aircraft carrier. As I grew up he always told me stories of the good times he had with buddies and just living the good life. This is a first for me to sit down one on one with him and hear about what went on. Before I could even get a word inRead MoreEssay about World War Two603 Words   |  3 PagesWorld War Two World War II was a major event in European history. It changed the world forever. The events would shape Europe until the Second World War. There were severe consequences of this war. These consequences can be broken into social, political, economic and psychological consequences. WWI definitely was a pivotal point in history. There were many social effects of World War I. Women became the majority of the work force. All of the men went to the military so someone hadRead More America in World War Two Essay1277 Words   |  6 Pages Leading into the American involvement in World War II, American ideas were harsh. The United States turned to isolationism instead of involvement. Most Americans opposed taking a role in the war. Many even opposed any aid to help those countries who were in war. The diplomacy of isolationism quickly changed after the Japanese attack on Pearl Harbor in 1941. America suddenly was thrown into the warfront. During World War II many ways and ideas of the American culture Read More Conscription in World War Two Essay1659 Words   |  7 Pages The act of applying conscription during the First and Second World Wars have nearly torn Canada apart. The conscription crisis of 1917 was a treacherous event that occurred during the First World War. During this time the relations between Quebec and the rest of Canada were in an all time low in our Canadian history. The Quà ©bà ©cois thought conscription was merely unnecessary no matter what circumstance; while all other Canadians did essentially want conscription occur. The contrast was inevitablyRead MoreWorld Wars One and Two Essay561 Words   |  3 Pages nbsp;nbsp;nbsp;nbsp;nbsp;The way the First World War ended left embittered and unresolved issues and disputes that would prove to carry on and would lay the foundation for the second World War two decades later. nbsp;nbsp;nbsp;nbsp;nbsp;The Treaty of Versailles can be said to be the single most important, indirect cause of World War II. It placed the blame, or quot;war guiltquot; solely upon Germany. Secondly, harsh reparations imposed by the treaty hampered the German economy by causingRead MoreEssay on Summary of World War Two1195 Words   |  5 PagesSummary of World War Two World War II is the name commonly given to the global conflict of 1939-1945. It is said to be the greatest and most destructive war in world history. The World War II military operations were conducted primarily in Europe but also in Asia, Africa, and the far islands of the Pacific as well. More than 17 million members of the armed forces perished during the conflict. It caused strain on the economic capabilities of the major nations and left many countries on theRead MoreThe Effects of World War Two Essay1124 Words   |  5 PagesThe Effects of World War Two WWII was one of the wars that had the most devastating effects on peoples live in Europe. During five years citizens of the different countries suffered from this brutal war to which they were condemned by their government. Two of the most affected home fronts during this war, were Britain, and Germany. Women, children were the most affected, and by many they were the moral support for their brigades, while men wre fighting in the front line. When war broke out inRead More A German Perspective on World War Two Essay1618 Words   |  7 PagesA German Perspective on World War Two In Germany, they first came for the communists, and I didnt speak up because I wasnt a communist. Then they came for the Jews, and I didnt speak up because I wasnt a Jew. Then they came for the trade unionists, and I didnt speak up because I wasnt a trade unionist. Then they came for the Catholics and I didnt speak up because I wasnt a Catholic. Then they came for me -- and by that time there was nobody left to speak up. -Martin Niemà ¶ller

Systematic Explanation of The Methods Employed

Question: Write an essay on systematic explanation of the methods employed in the research. Answer: This section consists of systematic explanation of the methods employed in the research that involves the effect of work-family enrichment to work engagement. In preparation for this research, the suitable independent variables consist of different forms of work-family enrichment such as family support, job independence, colleague support as well as supervisor support. On the other hand, the dependent variable in this research is work engagement. Conceptual framework Based on the identified variables, the figure 1 represents the conceptual framework for this research. Brief literature Review Work engagement According to Schaufeli Salanova (2011) work engagement refers to an optimistic and a comfortable position of the mind at place of work that is demonstrated by vigour, passion and strong interest towards a particular job. In other words, work engagement deals with what the workers do on daily basis (Bakker, 2011). This feeling can be perceived as motivating as well as lively, a feeling that staffs are positive about their tasks thus ready to set aside some extra time to work on the allocated tasks. In line with Fong and Ng (2012) thinking, work engagement can be measured using three distinct aspects such as vigour, dedication towards work and absorption. These measurement aspects correspond to Utrecht Work Engagement Scale or UWES proposition. In regard to Vigour, it depicts work engagement as use of much energy levels and mental easiness while conducting duties at place of work. Work engagement is also depicted as willingness to apply extra effort in personal work as well as the urge to meet shortcomings (Tims, Bakker and Xanthopoulou, 2011). Next, dedication entails a lot of involvement in a particular job and demonstrating some form of importance, strong interest, inspiration as well as seeming happily engaged in a specific task (Bakker, Albrech Leiter, 2011). Lastly, absorption is manifested in the manner in which workers are totally involved and enjoy their work. This is manifested by focused mind and ease in concentrating as well as natural enjoyment of tasks. Furthermore, there are myriad of factors that affect work engagement. These aspects include family support, the assistance other workers obtain from their workmates, job autonomy and the assistance that these employees receive from their supervisors. Firstly, family support is viewed from the perspective of family-work involvement (Zacher Winter, 2011). In most cases, this aspect as a determinant of work engagement holds in a communist society. For instance, in Asian countries, family support is essential in giving out social support and love to the working population, young as well as older society members (Victor, Martin Zubair, 2012). This leads to the first hypothesis: H01: Family support does not significantly affect work engagement Furthermore, Swanberg, McKechnie, Ojha and James (2011) assert that supervisors support influences work engagement. Particularly, Torrente, Salanova, Llorens and Schaufeli (2012) acknowledge that supervisor support results in enhanced work engagement since employees benefit from the informative support in terms of instructions as well as guidance which is vital in meeting the prerequisites of the work. The clear instructions enable an employee to understand the flow of work which creates enjoyment in the process of working. Hence, this leads to the second hypothesis: H02: Supervisors support does not significantly affect work engagement Moreover, Biggs, Brough and Barbour (2014) posit that colleague support strongly relates to good employee performance. In particular, colleague support assists employees manage stress successfully. In doing this, the workers are placed at a better position that relieves of problems associated with somatic systems that may result in rampant requests of sick-offs. Therefore, this leads to the third hypothesis: H03: Colleague support does not significantly affect work engagement According to Petrou, Demerouti, Peeters, Schaufeli and Hetland (2012) job autonomy has a positive relationship with work engagement. In this connection, high satisfaction and increased morale is achieved among workers in scenarios where there is job independence. When people are free from being monitored closely by the manager or bosses they feel part of the tasks they carry out and this makes them more comfortable. In addition, high job autonomy implies that workers are permitted to establish their individual plans. In different companies, job autonomy includes the tendency of workers making decisions of the way their tasks ought to be carried out. H04: Job autonomy does not significantly affect work engagement Measurement of the research variables In this research, the researcher will use 5-point Likert scale to identify the employees opinions on the effect of supervisor support, colleague support, job autonomy and family support on work engagement. Under the 5-point Likert Scale, different numbers are allocated for different responses whereby 1 stands for strongly disagree, 2 stands for disagree, 3 stands for neutral, 4 stands for agree and 5 stands for strongly disagree (Heiko, 2012). Research Plan Research philosophy as well as design The appropriate research philosophies for this study are constructivism as well as positivism. Frels and Onwuegbuzie (2013) describe constructivism as a philosophy that states that the participants ought to provide viewpoints which are highly influenced by their daily experiences. On this note, it holds to assert that the selection of research participants depends on the objectivity of the research which is achieved through the researcher selecting respondents that are professionals in the area of the study and are familiar with the research topic. It is on this premise that this research population was chosen. Secondly, the positivist philosophy acknowledges that any knowledge generated can be proved and substantiated using statistical tests. In this study, this philosophy will be used with the goal of knowing how family-work enrichment influences work engagement. Furthermore, the study has chosen descriptive design. From the name, this design concentrates on describing the behaviour or features of the research variables alongside their impacts (Bryman Bell, 2015). In this regard, the descriptive design stands out among all other designs as it is accurate and promotes organization of the research findings. According to Zikmund, Babin, Carr and Griffin (2012), descriptive research design is used alongside the questionnaires as it is concerned with explaining the characteristics of an individual or group. In this study, descriptive design is beneficial due to its advantages associated with time saving and minimal cases of bias. More so, it not only collects most relevant data for the research but also it demonstrates observable relationships among variables. In addition, it enhances conducting of the research on the section of target population and use of sampling techniques through administering questionnaires to identified group of participan ts (Bajpai, 2011). On this note, this research is concerned with the effects of family-work enrichment on work engagement in Chinese organisations. Research approach as well as research strategy The most relevant research approach is deductive. As Saunders (2011) explains, deductive research approach refers to the aspect of the researcher focusing on the previously formulated hypothesis for analysis. In other words, the conclusions derived from the analysis are only related to the hypothesis formulated before. This approach is advantageous as it relieves the researcher the burden of carrying out research which is not within the study scope, thus, saving a lot of time. Furthermore, this research employs case study strategy as the most appropriate research strategy. Bryman Bell (2015) asserts that case studies are researches conducted in a particular scope which in most cases is one or two organisations. This strategy is advantageous as it gives out a contextualised understanding of the ideas under investigation due to its nature of taking into consideration every organisational as well as industrial aspects in the study (Zikmund et al.,2012). This implies that the results obtained from case studies are thought to be more realistic as well as tailored to the organisation in comparison to the general survey which needs further modifications so as to reflect the unique characteristics of the company (Blumberg, Cooper Schindler, 2014). Population as well as sampling approach According to Saunders (2011) population is sometimes referred to as the universe which means all elements that are covered in the study area. In this study, the population which is also known as the universe are the research respondents who are employees in China. The rationale for preferring the employees is that they consist of a section of the population that is directly influenced by the aspects under investigation in the research apart from its proximity to the research topic. For this reason, these respondents are perceived to be knowledgeable regarding the study area. In this study, sampling approach entails use of representative samples to gather relevant information in the research (Bryman Bell, 2015). This approach is advantageous as it enhances fast as well as less cumbersome collection of data. In addition, the sampling frame is composed of the workers working with China Construction Bank. In this research, the sample will be drawn by application of convenience sampling method. This sampling method is regarded as the most appropriate in this research as it not only saves time but also aims at the most appropriate population. For this reason, the researcher is relieved from the trouble of having to walk unnecessarily while searching for specific respondents in the company. The sample size consisted of 100 employees which included the 40 employees from human resource department, 10 departmental managers and 50 junior employees from other departments. Data collection Furthermore, this research will employ questionnaires as data collection tool. This choice is appropriate as the respondents are perceived to be literate and are not within the same locality. Additionally, the questionnaires benefited the researcher as it is cheaper technique, quick as well as allows collection of data from different respondents at the same time (Zikmund et al.,2012). Bryman and Bell (2015) also noted that questionnaires are less strenuous in cases that involve extensive data collection. Another advantage is that, questionnaires entail recording of the responses in written form thus making it easy for safe storage of the data while awaiting data analysis process. This implies that, the use of the questionnaires is accompanied by reduced uncertainties associated with data lose. The data collection process will commence by the researcher entering the head offices of China Construction Bank and interact with the employees that will be at their working desks. At this jun cture, the researcher will take time to clarify the study goals and afterwards plead with the potential participants to provide their contributions to the study. Later, the researcher will give every employee that will be present a questionnaire and direct them to hand over to the researcher after filling them. In this research, the researcher expected to receive back 90 questionnaires out of hundred questionnaires that were issued. This implies that the research retrieval rate was ninety percent. Perhaps, this response rate was sufficiently significant to guarantee higher validity as well as reliability of the data collected. Data analysis Moreover, the researcher will employ quantitative research method in conducting data analysis. Hair, Wolfinbarger, Money, Samouel Page (2015) assert that quantitative approach to data analysis is useful in studies that deal with data that have numbers. For this reason, the data collected will be converted into numerical form. Afterwards, the data will be input into the SPSS to facilitate the data analysis process. From this point, relevant commands will be executed through the SPSS and the summary of findings will be generated and presented in form of frequencies, descriptive statistics as well as correlation tables. Then, the regression analysis will be carried out to find out the effect of each independent variable on the dependent variable. Using t-statistics, the research hypothesis will be tested. The test will manifest either there is relationship between the researchs independent as well as dependent variable. Pilot study or questionnaire pre-testing According to Eriksson Kovalainen (2015) pilot studies are tests which are done to promote clarity and autonomy of data gathering tool. In this context, the data gathering instrument is the questionnaire. These tests are essential in research that involves use of questionnaires as the answers that the respondents provide have been already determined. On this note, it is easy for the researcher to know whether a particular questionnaire item may give rise to unclear responses. As such, the researcher can make adjustments to enhance clarity of the questionnaires. In this study, the pilot study will be conducted on 5 students who were selected from human resource class. Their appointment will be on the premise that they are knowledgeable in matters pertaining the determinants of employee work engagement. Research Ethics Above all, the researcher will comply with all the necessary research ethics. Firstly, the researcher will obey the participants right associated with accessing useful information to the research (Miller, Birch, Mauthner and Jessop, 2012). To further this, the researcher will unveil possible information to those taking part in the research and specify their roles during the inquiry. Next, the research participants will be assured that there will be no disclosure of personal identities in the course of the research. This will be done by ensuring that no name of any participant will appear in the research report that will be prepared in the end of the research. In fact, this will help to curb cases of prejudice in providing responses, thus increasing the accuracy of the research findings. Besides, the researcher will ensure that none is forced to give out his/her perspectives on the research subject. This will be done by obtaining information from the respondents that confirm their par ticipation before the real day of collecting data. In regard to the rights on the utilisation of the research information, the researcher will disclose to the participants that the data as well as the research report will form part of the literature related to the research topic. Also, the report will be useful among managers in decision making on the ways the productivity of the employees can be optimised. Research Time Plan Months in 2016 Dissertation Activity(parts) 1st Apr to 15th Apr Refine the study objectives to match with research topic 16th Apr to 30th Apr Commence studying as well as carrying out research before starting to write the literature review 1st May to 15th May Confirm if the study area can easily be accessed 16th May to 30th May Write Chapter one as well as prepare data collection tools 1st June to 15th June Commence and complete writing chapter 3 16th June to 31st June Carry out data collection activity 1st July to 15th July Conduct data collection and commence preparing chapter 4 16th July to 30th July Begin writing chapter 5 and go through all the completed chapters to correct the errors References Bajpai, N. (2011).Business research methods. New Delhi: Pearson Education India. Bakker, A. B. (2011). An evidence-based model of work engagement.Current Directions in Psychological Science,20(4), 265-269. Bakker, A. B., Albrecht, S. L., Leiter, M. P. (2011). Key questions regarding work engagement.European Journal of Work and Organizational Psychology,20(1), 4-28. Biggs, A., Brough, P., Barbour, J. P. (2014). Strategic alignment with organizational priorities and work engagement: A multià ¢Ã¢â€š ¬Ã‚ wave analysis. Journal of Organizational Behavior,35(3), 301-317. Blumberg, B. F., Cooper, D. R., Schindler, P. S. (2014).Business research methods. McGraw-hill education. Bryman, A., Bell, E. (2015).Business research methods. Oxford: Oxford University Press. Eriksson, P., Kovalainen, A. (2015).Qualitative methods in business research. London: Sage. Fong, T. C. T., Ng, S. M. (2012). Measuring engagement at work: validation of the Chinese version of the Utrecht Work Engagement Scale.International journal of behavioral medicine,19(3), 391-397. Frels, R. K., Onwuegbuzie, A. J. (2013). Administering quantitative instruments with qualitative interviews: A mixed research approach. Journal of Counseling Development,91(2), 184-194. Hair Jr, J. F., Wolfinbarger, M., Money, A. H., Samouel, P., Page, M. J. (2015).Essentials of business research methods. London: Routledge. Heiko, A. (2012). Consensus measurement in Delphi studies: review and implications for future quality assurance.Technological forecasting and social change,79(8), 1525-1536. Miller, T., Birch, M., Mauthner, M., Jessop, J. (Eds.). (2012).Ethics in qualitative research. London: Sage. Petrou, P., Demerouti, E., Peeters, M. C., Schaufeli, W. B., Hetland, J. (2012). Crafting a job on a daily basis: Contextual correlates and the link to work engagement.Journal of Organizational Behavior,33(8), 1120-1141. Saunders, M. N. (2011).Research methods for business students, 5/e. New Delhi: Pearson Education India. Schaufeli, W., Salanova, M. (2011). Work engagement: On how to better catch a slippery concept.European Journal of Work and Organizational Psychology,20(1), 39-46. Swanberg, J. E., McKechnie, S. P., Ojha, M. U., James, J. B. (2011). Schedule control, supervisor support and work engagement: A winning combination for workers in hourly jobs?.Journal of Vocational Behavior,79(3), 613-624. Tims, M., Bakker, A. B., Xanthopoulou, D. (2011). Do transformational leaders enhance their followers' daily work engagement?.The Leadership Quarterly,22(1), 121-131. Torrente, P., Salanova, M., Llorens, S., Schaufeli, W. B. (2012). Teams make it work: How team work engagement mediates between social resources and performance in teams.Psicothema,24(1), 106-112. Victor, C. R., Martin, W., Zubair, M. (2012). Families and caring amongst older people in South Asian communities in the UK: a pilot study.European Journal of Social Work,15(1), 81-96. Zacher, H., Winter, G. (2011). Eldercare demands, strain, and work engagement: The moderating role of perceived organizational support.Journal of Vocational Behavior,79(3), 667-680. Zikmund, W., Babin, B., Carr, J., Griffin, M. (2012).Business research methods. South Western: Cengage Learning.

The Nature and Purpose of Management Accountine free essay sample

Analyze the Nature and Purpose of Management Accounting The purpose of management accounting is good for planning for the future requirement of the firm. It also allows for management accountants to help solve problems between the employees and the upper level management. Other purposes include helping accountant to carry through with the prior plans, analyzing information and creating reports which generate recommendations which help the firm to have more solutions than problems. The primary role of management accounting is to information in a timely manner to the company’s provide relevant management to help them plan and control the activities of the organization and with which optimal and sound decisions can be made. All the topic areas examined relate to this primary role. Although this role and its related topics covered are clearly understood by most, if not all candidates or even managers in the organizations, different types of relevant information are needed for different organizations at different times for different situations and purposes. We will write a custom essay sample on The Nature and Purpose of Management Accountine or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Therefore business skills and sense are often required when tackling organizational problems along with good analytical and writing skills. Management accounting deals with information that is not generally disseminated outside a company, such as salary cost, profit targets and cost of materials per unit produced. Whereas the general purpose financial statements of financial accounting are assumed to meet the basic information needs of most external users, managerial accounting provides a variety of specialized reports for division managers, departmental heads, project directors, section supervisors and other managers within the company. The main Purpose of the management is to steer an organisation towards its goals or purposes by assigning activities that its members perform. If Management makes sure that all activities are designed successfully, then each individual workers production will contribute to the realisation of the organisational goals. The purpose of accounts is to allow companies to record, analyze and retrieve ritical financial information that can be used to determine a companys financial status and provide reports and insights needed to make sound financial decisions. Accounting is a business discipline which allows companies to analyze, record and retrieve critical financial information that can be used to determine a business? or companys financial status and provide reports and insights that are needed to make sound financial decisions.