Business Psychology Essay Example | Topics and Well Written Essays - 3500 words

Business Psychology - Essay Example The article authored by McHugh creatively likens absenteeism to a virus, expressing that while it is not possible to treat it completely, it may be effectively prevented or its effects curbed by striving to maintain and build a healthy system. When this is undertaken, Hugh purports that the effects of the virus are eliminated and it enters into a state of dormancy until such time when conditions again make it conducive for those effects to reappear. When applied to the organizational context, this implies that the root causes of absenteeism as an ‘infection’ ought to diagnosed to come up with more novel and effective solutions for curing the absence ‘bug’. This briefing article concisely presents the content of this article, especially focusing on its implications for the organizations directly involved in the study. The theoretical background of the study is derived mainly from theories on organizational health. Like absenteeism, it has been a favorite topic in management empirical research. To achieve and maintain organizational health, commendable management practices must be exercised, and the principal role of employees in carrying this out cannot be overemphasized. The importance of these management practices may be concretely seen in the outcomes that they bring forth including integrated job design, employee engagement, and a proactive approach to employee welfare. At the center of all these is the firm belief that people are the main assets of the corporation.

Financial Accounting Concepts Essay Example | Topics and Well Written Essays - 500 words - 1

Financial Accounting Concepts - Essay Example As the paper declares after analyzing and comparing the Working Capital of both the companies, the result clearly indicates that L.L. Sams Company’s current condition is much superior to that of Garcia Career Services. Hence, the bank’s decision should be to give loan to L.L. Sams Company as this company seems to be the most appropriate for the loan and has the greatest assurance that its liabilities can be paid out of the current assets. This essay discusses that in an assessment of the overall liquidity of the current assets, the current trend of sales in an important factor. Since it takes sales to convert inventory into receivables or cash, an up trend of sales indicates that the conversion of inventories into more liquid assets will be easier to achieve than what sales remain constant. Declining sales, on the other hand, will retard the conversion of inventories into cash. When we measure the net income earned by a business we are measuring its economic performance— its success or failure as a business enterprise. Decision making processes of loan allocation requires a great variety of data processing, a wide range of reliability, and relevance to the decision at hand. The information used includes data on general economic conditions and on industry trends, as well as data on intangibles such as the character and motivation of the management group.