<P> Theory Y managers assume employees are internally motivated, enjoy their job, and work to better themselves without a direct reward in return . These managers view their employees as one of the most valuable assets to the company, driving the internal workings of the corporation . Employees additionally tend to take full responsibility for their work and do not need close supervision to create a quality product . It is important to note, however, that before an employee carries out their task, they must first obtain the manager's approval . This ensures work stays efficient, productive, and in - line with company standards . </P> <P> Theory Y managers gravitate towards relating to the worker on a more personal level, as opposed to a more conductive and teaching - based relationship . As a result, Theory Y followers may have a better relationship with their boss, creating a healthier atmosphere in the workplace . In comparison to Theory X, Theory Y incorporates a pseudo-democratic environment to the workforce . This allows the employee to design, construct, and publish their work in a timely manner in co-ordinance to their workload and projects . </P> <P> Although Theory Y encompasses creativity and discussion, it does have limitations . While there is a more personal and individualistic feel, this leaves room for error in terms of consistency and uniformity . The workplace lacks unvarying rules and practices, which could potentially be detrimental to the quality standards of the product and strict guidelines of a given company . </P> <P> Example: Employees working in the marketing department of a large electronics company were tasked with creating a new advertisement that would gain the interest of a more diverse consumer base . Instead of deciding the project for them, the Theory Y manager would let their employees collaborate and decide on the new advertisement together . It is implied the employees are excited to work on the new project and want to better the company in whatever way possible . However, the deadline might need to be pushed back a day due to occasional lack of production . </P>

What is the meaning of theory x and y