Explain why socialist societies do not use a circular flow chart.
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Policies are often regarded as guarding principles. They are set up to help to guard individuals, organizations and the society in their decision making process.
- This policy reflects Theory Y attitude about workers.
Theory Y is a common known theory of human work motivation and management. It was created by Douglas McGregor to show the different models of workforce motivation.
It is often used by managers in human resource management, organizational behavior, organizational communication and organizational development.
This theory shows the motivating role of job satisfaction and boast workers morale to approach tasks without direct supervision.
Conclusively, Management use Theory Y can infuence employee motivation and productivity in different ways, as they believe that employees are internally motivated, like their job, and do hard work without a direct reward back.
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