Summarize the Changes in Banking That Have Occurred Over the Past

question 141

Essay

Summarize the changes in banking that have occurred over the past decade or so.

---

Definitions:

Theory X

McGregor’s traditional view of management whereby it is assumed that workers generally dislike work and must be forced to do their jobs.

Theory Y

McGregor’s humanistic view of management whereby it is assumed that workers like to work and that under proper conditions employees will seek out responsibility in an attempt to satisfy their social, esteem, and self-actualization needs.