Introduction to Management Accounting Essay Example | Topics and Well Written Essays - 2000 words

Introduction to Management Accounting - Essay Example In this project the various motivational theories have been discussed. The impact of motivation on budgets has also been discussed with the help of empirical evidences. The concept of been budgeting and beyond budgeting has also been discussed in the light of motivation and its implication on the budgeting. Theories of motivation The term motivation was derived from the word mover which is a Latin word and means to move. Motivation can also be referred to the word motive which can be described as an objective which makes a person move on a particular direction. Motivation can be defined as a process by which a person directs all his efforts persistently to attain his goal. As per Robbins motivation includes three things they are intensity, persistence and direction. Intensity signifies the level of effort given, direction channelizes that effort into organizational benefit and persistence signifies the time period through which one gives the effort continuously (Robbins, Judge and Sa nghi, 2010, p.71). There are various theories of motivation among them the most important ones are mentioned below:- Maslow’s need hierarchy motivational theory: The Maslow’s hierarchy of needs motivational theory is the oldest motivational theory. ... The physiological needs and safety needs are considered as lower order needs and the need for self esteem, social and self actualization are known as higher order needs. The physiological needs include the basic needs which are required for survival like need for food, water, shelter etc. The safety need signifies the need for being protected from any type of physical or mental harm. Once these two needs are satisfied then the individual tries to satisfy the social needs. This type of need signifies the need of friendship, belongingness or being accepted by the society. This is the third need of the hierarchy. Once the social needs are satisfied the individuals strive for esteem needs which signifies the need to be respected, having recognition in the society, status etc. The last need of the hierarchy is the need for self actualization. The managers have to identify the level of need which the individual is having and then motivate the person to fulfil that need or the need beyond t hat level (Brooks, 2007, p.55). McGregor theory of X and Y: McGregor gave the motivational theory as the theory of X and Y. As per theory X the individual are classified as being lazy and unwilling to work on their own. These individuals are driven by the lower order need that is the needs of existence and the security needs. To make this type of individuals persons work coercion should be practiced. The theory X considers the negative trait of the individuals. On the other hand theory Y considers the positive traits of the individuals. As per theory Y individual are active and enjoys their work in the organization as any other work like their hobbies. These persons are driven

Explain the four sociological perspectives Functionalist, Conflict Essay

Explain the four sociological perspectives Functionalist, Conflict theory, interactionism and feminism. In addition briefly report how each of these theories wo - Essay Example Functionalism also asserts that functional requirements have to be met in society for its existence. This means that functions such as reproduction have to exist for the society to survive. Problems that randomly occur in life perform a function in this perspective. Like when death occurs, world population decreases. . The Conflict Theory holds the belief societies, groups and individuals function to benefit themselves or their groups. There are four basic beliefs for this theory; competition, structural inequality, revoloution and war. Competition is the basic function for all social activity, such as monetary, love, power and even leisure activities. All societies have structural inequality from the US income classes to Communist countries that have political classes. Competition and structural inequality lead to revoloution and war. Revoloution unites people behind a common cause, then war unifys the both winners and losers into a new society. History is an example of this theory from Nazi Germany to English colonies to Iraq today. This perspective represents the vicious cycle that has existed since the beginning of society. Interactionism is basically the perspective that people react toward things based on the meaning that the thing has for them. These meanings are influenced by social interaction, then changed by the person’s interpretation. For example, a child reacts to a loving mother positively, but interprets the mother’s actions uniquely. Feminism as a sociological perspective is focused on how male dominance has shape the world socially. All societies have the problem of how male dominance has affected it. One example is Saudi Arabia. Male dominance shapes every social aspect of a Saudi’s life, from politics to marriage. Even in America, male superiority can be found, like in sports. Wrestling is a male sport, even though some