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Welcome

Ever notice that the world is full of experts who have never actually done what they are "experts" at?

Many a business professor has never actually managed a business. Most business courses stress defining business terms but never actually teach the concepts of running a business.

This blog hopes to teach some of the terms and, at the same time, give some examples and lessons on running a business.

There will also be reviews of books on business listed here. Sometimes companies give me books to review. Regardless of where I get the book to review, I will give my honest opinion. If I was given the book to review I will always disclose that in the review.

I seek to start posting on 02 January 2012. Some of the posts will be recycled from some of my other blogs.

The reader should know that there is no one “Right Way” to conduct business that will apply in all situations. This blog is meant as a place to start. It is hoped that you will perform further research and consult professionals experienced in your particular business before making any important decisions.



14 January 2013

Theories X and Y


There are two theories of human behavior. These theories are important to understand from a management perspective.

Theory X states that all people are basically lazy and will do anything to avoid work. The general belief is that people will do as little work as possible and that basically they only work to avoid punishment.

Theory Y states that all people are basically industrious and are eager to work.
Some people feel that there is no basic human nature. Some people are self-motivated and therefore fall into the Theory Y category. You see these people all the time. They are the “Go to” people. Whenever something needs to be done, this is the person management turns to.  There are some people who naturally lean towards a Theory X mentality. These are the people who cheat on exams and do just enough work to get by.
You can find a more detailed explanation of these two theories at
http://www.referenceforbusiness.com/management/Str-Ti/Theory-X-and-Theory-Y.html



Disclaimer
The opinions or advice listed in this blog or website should be used as a place to start only. It is not a substitute for the use of a professional.
Please be sure to consult your attorney and/or accountant with any specific questions.
There is no one right answer to any business question that will cover all circumstances.
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