Work is very natural to people and that most people are self-directed to achieve objectives to which they are committed. People are ambitious and creative.
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McGregor's Theory Y assumes that employees are intrinsically motivated, seek responsibility, and have a desire to achieve their full potential. It also assumes that employees can be creative and innovative if given the right conditions and opportunities for growth.
Refers to the routine work of scientists experimenting with an established theory without attempting to challenge the underlying assumptions of that theory.
The three assumptions of the kinetic theory of gases are: 1) Gas molecules are in constant, random motion; 2) Gas molecules are negligible in size compared to the distance between them; and 3) Gas molecules do not exert attractive or repulsive forces on each other except when they collide.
Real gases have non-zero volume and experience intermolecular forces, which contradict the assumptions of kinetic-molecular theory that gases consist of point particles with no volume and that there are no intermolecular forces present. Real gases also deviate from ideal behavior at high pressures and low temperatures, which is not accounted for in the kinetic-molecular theory.
The neoclassical model assumes that individuals are rational, markets are perfectly competitive, resources are scarce, technology is constant, and individuals act to maximize their utility or profit. These assumptions form the foundation of neoclassical economic theory.
The assumptions of agency theory include self-interest on the part of agents, information asymmetry between principals and agents, and the need for monitoring and governance mechanisms to align the interests of both parties. It also assumes that agents may not always act in the best interest of the principals due to conflicting goals and incentives.