MNGT 3460 Exam 1 Auburn – Wesson
UPDATED Exam Questions and CORRECT
Answers
Organizational behavior (OB) - CORRECT ANSWER - The field of study devoted to
understanding, explaining, and ultimately improving the attitudes and behaviors of individuals
and groups in organizations.
Human resource management - CORRECT ANSWER - Takes the theories and principles
studies in OB and explores the "nuts‐and‐ bolts" applications of those principles in organizations.
Strategic management - CORRECT ANSWER - Focuses on the product choices and
industry characteristics that affect an organization's profitability.
OB foundations - CORRECT ANSWER - Theories and concepts in OB are drawn from a
wide variety of disciplines
Industrial and organizational psychology, social psychology, sociology, economics
Why does OB matter? - CORRECT ANSWER - Resource-based view
- Financial resources (revenue, equity)
- Physical resources (buildings, machines, technology)
- Knowledge, decision‐making, culture, ability, wisdom
- Image, culture, goodwill
What makes a resource valuable? - CORRECT ANSWER - Rare, Inimitable (History,
Numerous small decisions, Socially complex resources)
, Rule of One-Eighth - CORRECT ANSWER - • Half the organizations don't believe there
is a connection between people and profits
• Half of those who see the connection try to make a single change, rather than attempting to
make comprehensive changes
• Half of the firms that make comprehensive changes persist long enough for those changes to
make a difference
Method of experience - CORRECT ANSWER - People hold firmly to some belief because
it is consistent with their own experience and observations.
Method of intuition - CORRECT ANSWER - People hold firmly to some belief because it
"just stands to reason", it seems obvious or self‐evident.
Method of authority - CORRECT ANSWER - People hold firmly to some belief because
some respected official, agency, or source has said it is so.
Method of science - CORRECT ANSWER - People accept some belief because scientific
studies have tended to replicate that result using a series of samples, settings, and methods
Correlation - CORRECT ANSWER - -Describes the statistical relationship between two
variables
- Can be positive or negative and range from 0 (no statistical relationship) to ± 1 (a perfect
statistical relationship)
Casual inferences - CORRECT ANSWER - Establishing that one variable really does
cause another
Meta-analysis - CORRECT ANSWER - Takes all of the correlations found in studies of a
particular relationship and calculates a weighted average (such that correlations based on studies
with large samples are weighted more than correlations based on studies with small samples)
.5 correlation is considered strong
UPDATED Exam Questions and CORRECT
Answers
Organizational behavior (OB) - CORRECT ANSWER - The field of study devoted to
understanding, explaining, and ultimately improving the attitudes and behaviors of individuals
and groups in organizations.
Human resource management - CORRECT ANSWER - Takes the theories and principles
studies in OB and explores the "nuts‐and‐ bolts" applications of those principles in organizations.
Strategic management - CORRECT ANSWER - Focuses on the product choices and
industry characteristics that affect an organization's profitability.
OB foundations - CORRECT ANSWER - Theories and concepts in OB are drawn from a
wide variety of disciplines
Industrial and organizational psychology, social psychology, sociology, economics
Why does OB matter? - CORRECT ANSWER - Resource-based view
- Financial resources (revenue, equity)
- Physical resources (buildings, machines, technology)
- Knowledge, decision‐making, culture, ability, wisdom
- Image, culture, goodwill
What makes a resource valuable? - CORRECT ANSWER - Rare, Inimitable (History,
Numerous small decisions, Socially complex resources)
, Rule of One-Eighth - CORRECT ANSWER - • Half the organizations don't believe there
is a connection between people and profits
• Half of those who see the connection try to make a single change, rather than attempting to
make comprehensive changes
• Half of the firms that make comprehensive changes persist long enough for those changes to
make a difference
Method of experience - CORRECT ANSWER - People hold firmly to some belief because
it is consistent with their own experience and observations.
Method of intuition - CORRECT ANSWER - People hold firmly to some belief because it
"just stands to reason", it seems obvious or self‐evident.
Method of authority - CORRECT ANSWER - People hold firmly to some belief because
some respected official, agency, or source has said it is so.
Method of science - CORRECT ANSWER - People accept some belief because scientific
studies have tended to replicate that result using a series of samples, settings, and methods
Correlation - CORRECT ANSWER - -Describes the statistical relationship between two
variables
- Can be positive or negative and range from 0 (no statistical relationship) to ± 1 (a perfect
statistical relationship)
Casual inferences - CORRECT ANSWER - Establishing that one variable really does
cause another
Meta-analysis - CORRECT ANSWER - Takes all of the correlations found in studies of a
particular relationship and calculates a weighted average (such that correlations based on studies
with large samples are weighted more than correlations based on studies with small samples)
.5 correlation is considered strong
