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MGMT 363 EXAM 1 | LATEST | QUESTIONS AND ANSWERS | SOLVED 100% CORRECT.

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MGMT 363 EXAM 1 | LATEST | QUESTIONS AND ANSWERS | SOLVED 100% CORRECT.

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MGMT 363 EXAM 1 | LATEST | QUESTIONS AND
ANSWERS | SOLVED 100% CORRECT.




Organizational Behavior Answer - Field of study devoted to understanding,
explaining, and ultimately improving the attitudes and behaviors of individuals
and groups in organizations


Human Resource Management Answer - Takes the theories and principles
studied in OB and explores the "nuts-and-bolts" applications of those principles
in organizations


Strategic Management Answer - Focuses on the product choices and industry
characteristics that affect an organizations profitability


Foundations in OB Answer - Industrial and organizational psychology, social
psychology, sociology and economics. This diversity brings a unique quality to
OB


Industrial and Organizational Psychology Answer - Job performance and
individual characteristics


Social Psychology Answer - Satisfaction, emotions, and team processes


Sociology Answer - Team characteristics and organizational structure


Economics Answer - Motivation, learning and decision-making

,Theory X Answer - Manager's assume employees hate to work and so to
motivate them managers must control the employees and hold all the power


Theory Y Answer - Manager's assume working is innately part of a human's
role in the world and therefore involve the employees in the decision-making
process thus sharing some of the power


Two Goals for an Individual's Working Life Answer - 1. Perform job well
2. Retain membership of the organization


Two Goals as a Manager Answer - 1. Maximize job performance
2. Help employees stay with the firm for a significant amount of time


Types of Resources Answer - 1. Financial Resources (money, equity)
2. Physical Resources (building, machines, Kyle Field)
3. Knowledge, decision-making, culture, ability, wisdom
4. Image, goodwill


Valuable Resource Answer - 1. Rare
2. Inimitable
3. Numerous small decisions
4. Socially complex (not always clear how it developed, impossible to recreate)


Rule of 1/8th Answer - 1/2 of organizations do not believe there is a
connection between people and profits
1/2 of those who do see the connection try to make a single change, rather
than a comprehensive change

, 1/2 of those who make comprehensive changes persist long enough for those
changes to make a change
1/2 x 1/2 x 1/2 = 1/8 or 12.5%


How Do We Know OB Works? Answer - 1. Method of Experience
2. Method of Intuition
3. Method of Authority
4. Method of Science


Method of Experience Answer - People hold firmly to some believe because it
is consistent with their own experience and observations


Method of Intuition Answer - People hold firmly to some believe because "it
stands to reason"--it seems obvious or self-evident. Ignores logic and goes with
"what feels right"


Method of Authority Answer - People hold firmly to some believe that because
some respected official, agency or source has said it is so. Think mom, minister,
government


Method of Science Answer - People accept some belief because scientific
studies have tended to replicate that result using a series of samples, settings
and methods


Theory Answer - A collection of assertions-both verbal and symbolic-that
specify how and why variables are related, as well as the conditions in which
they should (and should not) be related. Tells a story. Supplies the who, what,
when, and why

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