and Answers
Organizational Behavior✔️✔️The systematic study of the actions and attitudes that people exhibit
within organizations.
Goals of Organizational Behavior✔️✔️-Explain
-Predict
-Influence/control
Fundamental laws of business✔️✔️1) It always takes longer than you scheduled!
2) It always costs more than you budgeted!
3) When placed in difficult situation, people will take the path of least resistance
What do managers do?✔️✔️Ensure that the organization achieves its goals and objectives
By:
-Planning
-Organizing
-Leading (sometimes)
-Controlling
-Make decisions
-Allocate resources
Few absolutes in business✔️✔️- The first law of thermodynamics (also called the law of
conservation of energy)
-How often is it true?
--The definition of a scientific law is that it is always true
,-It always take longer than you scheduled
-It always cost more than you budgeted
Successful manager vs. Effective manager✔️✔️An *effective manager* is great at "getting the job
done"
-communication
A *successful manager* gets the promotions, moves up the corporate ladder
-Human resource management
*Average managers*
-Traditional management
The meaning of life✔️✔️Money
successful organization✔️✔️• The right balance of management and leadership to ensure that the
organization achieves its goals and objectives.
Determinants of employee performance✔️✔️• Productivity
• Absenteeism
- Rate at which employees don't come to work
• Turnover
- Rate at which employees quit or leave
• Job satisfaction
, • ...only really care about making $$
challenges/opportunities we face in building company✔️✔️• The typical employee is getting older
• More women in the workplace
• More minorities in the workplace
• The world is flat - competitively (globalization)
• Historical loyalty-bonds between employees and employers are being severed
• Globalization
how to manage diversity✔️✔️respond to those differences in ways that ensure employee retention
and greater productivity while, at the same time, not discriminating
the cost of fraud✔️✔️Over 200 billion for 40 of the top 100 fortune companies
-Accounting
--AIG, Bank of America, Boeing, Bristol-Myers Squibb
-Securities
-Consumer
-Discriminatory practices
-Antitrust activities
-Undisclosed executive pay
-Patent infringement
-Other
personality✔️✔️a relatively stable set of characteristics that influences an individual's behavior,
The way in which an individual reacts and interacts with others, often described in terms of traits
such as shy, aggressive, lazy, loyal.
big 5 model of personalities✔️✔️-Extroversion -- comfort level with new relationships
--Sociable, gregarious, and assertive