Search results
Results from the WOW.Com Content Network
Meyer and Allen's (1991) three-component model of commitment was created to argue that commitment has three different components that correspond with different psychological states. Meyer and Allen created this model for two reasons: first "aid in the interpretation of existing research" and second "to serve as a framework for future research ...
High-commitment management is a management style that aims to emphasize the personal responsibility, independence, and empowerment of employees at all levels of an organization, rather than focusing on higher-level authority figures. It aims to maintain high levels of commitment by preserving initiative among management personnel.
Business ethics operates on the premise, for example, that the ethical operation of a private business is possible—those who dispute that premise, such as libertarian socialists (who contend that "business ethics" is an oxymoron) do so by definition outside of the domain of business ethics proper. [citation needed]
In business strategy, it is important to distinguish strategic decisions which imply long-lasting commitments, from tactical decisions, which are short-term responses to the current environment. The strategic decisions define the evolution of state variables that provide a scenario in which current tactics are played out.
The U.S. business organizations in the 1970s focused more on cost and productivity. That approach led to Japanese businesses capturing a major share of the U.S. market. [ 6 ] It was not until the late 1970s and the beginning of the 1980s that the quality factor drastically shifted and became a strategic approach, created by Harvard professor ...
The definition of corporate responsibilities through a classification of stakeholders to consider has been criticized as creating a false dichotomy between the "shareholder model" and the "stakeholder model", [2] or a false analogy of the obligations towards shareholders and other interested parties.
Organizations that are family businesses are especially prone to escalation of commitment due to the added level of going through the family structure in addition to the business structure, allowing for further conflicts between the two. [14] Business reputation, customer and share loss, and financial loss become risks.
Commitment scheme, a cryptographic scheme that allows commitment to a chosen value Promise , a commitment by someone to do or not do something Involuntary commitment , detainment in a mental hospital due to symptoms of severe mental disorder