--%>

Define status and role

Define status and role, explain the difference between the two, provide illustrations.

E

Expert

Verified

Status can be defined as the position or a level that an individual has attained in a society. The status changes in according to the change in social values.  For example: An individual has attained a status of a teacher due to his qualification. Role is defined as the behavior expected out of a particular individual who occupies a particular position. Example: The role of a teacher is to deliver lectures, prepare examinations and to assign homework. At the same time they need to be honest, diligent and responsible.

   Related Questions in Financial Accounting

  • Q : Case study of a local public utility

    The local public utilities commission has been charged with inspecting and reporting utility problems in the area. They have three electrical inspectors and two gas inspectors, each available for 40 hours , to analyze structures in their respective areas of expertise.

  • Q : Fisher Effect and Purchasing Power

    Explain and discuss the significance of Fisher Effect and the Purchasing Power Parity theories to a foreign exchange dealer in the merchant bank?

  • Q : What do you mean by the term Entry What

    What do you mean by the term Entry in Accountancy?

  • Q : Sharpe performance measure concept

    Explain the Sharpe performance measure concept.

  • Q : What is Capital Capital : In easy word,

    Capital: In easy word, capital signifies the amount or asset that is invested in business by businessman or owner of business. Whenever the business is closed, after paying exterior creditors, balance amount will be his capital that he can attain.

  • Q : Incremental cash flows of capital

    Describe what you mean by the incremental cash flows of a capital project.

  • Q : Purpose of foreign branch bank Discuss

    Discuss the purpose of the foreign branch bank.

  • Q : Challenges of friendships How is

    How is friendship differing from other relationships? Explain the challenges of friendships. What are the common expectations for friendships – give an illustration of each. Explain how friendships fluctuate ove

  • Q : Income Tax and Investment Calculator

    Introduction Your task is to produce a Java program, which can calculate income tax and investment growth based on the yearly income/salary of an individual. Below the details are descr

  • Q : Restrictions of foreign equity ownership

    Describe various restrictions of foreign equity ownership.  Why countries impose these restrictions, explain your view on this?