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Dissertation Literature Review Sample

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DISSERTATION LITERATURE REVIEW SAMPLE<br />

Accounting Practices Involving Age Diversity<br />

Even though the topic on generational studies have become common<br />

among discourses for the past eighty years (Hitchcock, 2010), there seems<br />

to be a disagreement still on the accurate dates for every defined<br />

generation. Despite this continuous debate, there is still an agreement<br />

regarding the qualities that every generation possesses. Even though<br />

Elmer (2007) agrees on the qualities for each generation in general, he<br />

still disagrees involving the time frame for every generation. The<br />

demarcation that exist between the generational cohorts is performed<br />

according to the year of birth. While studies in the United States<br />

approximately use the same birth years for demarcation, there is less<br />

consistency that is applied in various European studies. This is generally<br />

due to the fact that every country in Europe has gone through a unique<br />

history. On the other hand, Eli (2008) disagrees in saying that birth years<br />

across the European countries reflect those in North America. For him, the<br />

birth years form the following categories:<br />

Baby Boomers – individuals born between the years 1945 and 1959<br />

Generation X – individuals born between the years 1960 and 1980<br />

Generation Y – individuals born after the year 1980. They are also referred<br />

to as ‘Generation Next’, ‘nternet Generation’, or simply, the ‘Millenials’<br />

Generation X. Gem and Collard (2010) and Ephey (2010) note that a<br />

number of factors are found to be common to the history of those who<br />

belong to the Generation X. This includes recession, economic downturn,<br />

high rates of unemployment, contracting birth rate, increased<br />

governmental restraint, and instability among families. All of these factors<br />

are being seen as resulting to a generation that is self-reliant, realistic,<br />

independent, and one that highly expects freedom. Compared to their<br />

predecessors, Generation X finds a balance between their personal and<br />

professional lives. On top of that, having gone through periods of layoffs<br />

through their parents, those who belong to Generation X is no longer<br />

loyal to their employers.<br />

Generation Y. Amala (2009) discusses the idea behind Generation Y. This<br />

generation of the so-called millennials, as a whole, believes in collective<br />

action, trust in central authority and optimism of what the future brings.<br />

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DISSERTATION LITERATURE REVIEW SAMPLE<br />

They like being members of a team, working together in order to get<br />

things done with high spirits. As these employees start to enter the labor<br />

force, they are different from other workers of the previous generations.<br />

This generation is less likely to respond to the old-school, traditional form<br />

of management which usually involves command-and-control. Rather,<br />

since they have grown up at home questioning their parents, they will<br />

most likely have the courage to question those who have the authority at<br />

work. Amala (2009) goes on noting that this generation enjoys<br />

challenges, and consider change as a stimulus that continues to motivate<br />

them. A stagnant, repetitious environment is no longer conducive to this<br />

group. However, they prefer working under a specific structure, with<br />

directions that are given clearly. They also have high expectations of how<br />

their employers would handle them. This generation grew up in a high<br />

speed internet, fast food availability, resulting to their constant search for<br />

development opportunities and rapid promotion. This generation is very<br />

goal oriented.<br />

Generation Y does not just question those in authority, but also status<br />

quo. They value diversity, tolerance and equality. As such, it is included in<br />

their expectations to receive fair view and compensation from their<br />

managers who are also expected to empower them to keep on excelling<br />

in their chosen careers, being self-reliant, and independent. However, the<br />

perceived unsociable hours and poor pay that this generation has to deal<br />

with were shown to be a considerable drawback for this generation to<br />

attain success.<br />

References<br />

Eli, Y. (2008). Exploring four different types of generations and their<br />

perspective on career success. Managerial Psychology Journal, 23 (8),<br />

907-928.<br />

Elmer, P. (2007). Learning orientation, talent retention and organizational<br />

commitment across generations. Managerial Psychology Journal, 20(6),<br />

595-615.<br />

Hitchcock, W. (2010). Arriving to work with a new attitude and outlook.<br />

USA Today. http://usatodayorg.com/print/article/managerialoutlook.html.<br />

Accessed on December 22, 2017.<br />

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