Free Essays on Incentive to Get Inspired & Learn by Example

Abstract

Research in recent years is beginning to answer the question of what causes addiction to drugs and alcohol. Drug and alcohol addiction is a problem the affects millions of people. The costs of addiction affect the addict, the family, society, employers and government agencies. Not all people who drink or use illegal drugs become an addict. Millions of people have experimented with drugs or drink socially and never develop into an addict. There are two theories that have emerged in recent years that are beginning to explain why some people become addicted. This paper will examine and compare two Continue reading...

Abstract

There are various forms of compensation strategies that organizations can adopt. The decision on which compensation strategy to adopt lies with the top management who consider various factors as company profits, objectives, mission, and vision. The Human Resource department is mostly concerned with establishing the best way of ensuring high performance of employees. Given that the employees are the most important aspect of an organization and given the fact that they are usually manipulated by compensations, HR department is highly concerned with the compensation activities. Depending on the objectives of the organization, the management, in conjunction with the HR Continue reading...

Incentives, Investment Decisions & Firm Performance

In financial management, the agency dilemma or principal–agent problem occurs in an event when one entity or person (the agent) makes decisions on behalf of another entity or person (the principal). This dilemma exists because the manager (agent), sometimes, is motivated to make decisions in his own best interests instead of those in favor of his principal authority . Common examples of Principal-Agent relationship include corporate management of any organization (agent) and all of its shareholders (principal). This relationship is also found when politicians (agent) are obliged, as representatives, to work for the benefit and welfare of their voters ( Continue reading...

The advancement in technology has triggered various health facilities to adopt electronic health records for purposes of securing data and maintaining confidentiality of patient’s information. However, along with this adoption is the need for health professionals and health facilities to obtain a license in the use of electronic health records.
Through the requirements imposed by the American Recovery and Reinvestment Act of 2009, the Centers for Medicare & Medicaid Services carried out incentive payments to qualified professionals and healthcare facilities, as well as critical access hospitals, actively involved in Medicaid and Medicare programs that are significant consumers of certified Continue reading...

Incentive Theory of Motivation

Introduction
The theory of incentive motivation offers a suggestion that individuals get motivated to do things due to the external rewards extended. For instance, individuals get motivation for going to their working places daily because they know that they will get payment for monetary rewards. The motivation theory on incentive entails learning concepts that the entail behavior. The learning concepts involved are reinforcement and association.

The theory is unique in comparison with other theories of motivation that suggests that internal drives cause motivation of an individual. Such approaches include the arousal theory, the drive reduction theory, and the instinct Continue reading...

In 2009, the world watched as the American economy teetered on the precipice of another major collapse. Why? Because a few corporate officials took advantage of a skewed and ultimately flawed corporate executive compensation plan. The collapse of Enron, and the financial corruption in the major institutes of Wall Street led America into the worst recession experienced since the Great Depression. Obama took the time out of his busy schedule to comment on the erupting scandal, condemning the corporate industry as a whole for its lack of integrity, saying the “culture of excess greed, excess compensation and excess risk Continue reading...

Introduction

A contract isapact entered into by two or more competent parties with the objective of creating a legal commitment between the parties. Proof of a contractis written, but they could also be verbal or implied. Some contracts such as for insurance policy, sale of real property, and installment plans have to be on paper in order to be legally binding. The fundamental attributes of a contractual relationship are an offer, consideration, competent parties with the legal capacity to enter a contract, and mutual assent. Each party involved in the contract acquires responsibilities and rights relative to the responsibilities and Continue reading...

for an Manufacturing Plant

Energy Policy: UK

1. Energy Policy & Economic Energy Strategy for an Organisation
1.0 Introduction
The company wants to evaluate the potential of using Combined Heat and Power (CHP) and Photo Voltaic (PVT) for energy and for selling in the future. Manufacturing is a highly competitive enterprise and even small changes in cost savings are helpful. Cost savings is one reason and the impetus to become environmentally responsible and sustainable is a second reason. The pressure to integrate alternative energies is very high right now due to new regulations at all levels; locally, nationally, and internationally. On the positive Continue reading...

Financial markets and institutions

Introduction
In economics, there is one assumption which is considered when analysing markets. This is the assumption that the market has perfect information. However, this is not always the case. Most markets do not have perfect information because it is impossible for consumers to have all information regarding transactions. Since perfect information is not possible in real world, economists have other means of studying markets with imperfect information. This study is known as information asymmetry. Information asymmetry arises when one person has less information concerning a transaction. The study of information asymmetry gives rise to “market for lemons” where Continue reading...

Introduction

Credit rating is the assessment of the creditworthiness of debt instruments based on credit rating agencies’ assumptions, analytical models, and expectations. It reflects the agency’s subjective judgment of the issuer’s management and business. In that respect and given that modern business and finance world is subject to numerous risk factors, rating agencies are becoming crucial players in the capital and financial markets. That owes to their ability to analyze the bulk and complex information necessary to provide a judgment on instruments or business risk. In that view, this discussion seeks to demonstrate that rating agencies can help Continue reading...