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MGMT 335 Exam 1 Review NIU Questions
and Answers
How can people be a strategic resource? Ans: Resource adds
positive value to firm, unique or rare, difficult to copy, cannot be
substituted with another resource by competitors.
What are the practices of successful organizations who put people
first (e.g., see people as a strategic resource)? Ans: Employment
security, selective hiring, design organization with elements of
empowered teams and decentralization, good pay that is
contingent on organization performance, extensive training and
development of employees, reduce status differences, establish
information sharing
What are the economic benefits to organizations who see people
as a strategic resource? Ans: Reduce turnover, increased
employee performance, increased firm financial performance
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, 2 | Page
What is the Big 5? Ans: Conscientiousness
Extraversion
Openness to experience
Emotional stability
Agreeableness
Conscientiousness Ans: Degree to which one is dependable and
reliable
Extraversion Ans: Degree to which one is sociable and outgoing
Openness to experience Ans: Openness to experience
Emotional stability Ans: Degree to which one is able to handle
stress
Agreeableness Ans: Degree to which one is cooperative and
avoids conflict
What is Self-Esteem? Ans: Can I be successful at a specific tasks
What is Self-Efficacy? Ans: How do I feel about myself
Internal Locus of Control Ans: Believe that they have significant
influence on outcomes
© 2025 All rights reserved
MGMT 335 Exam 1 Review NIU Questions
and Answers
How can people be a strategic resource? Ans: Resource adds
positive value to firm, unique or rare, difficult to copy, cannot be
substituted with another resource by competitors.
What are the practices of successful organizations who put people
first (e.g., see people as a strategic resource)? Ans: Employment
security, selective hiring, design organization with elements of
empowered teams and decentralization, good pay that is
contingent on organization performance, extensive training and
development of employees, reduce status differences, establish
information sharing
What are the economic benefits to organizations who see people
as a strategic resource? Ans: Reduce turnover, increased
employee performance, increased firm financial performance
© 2025 All rights reserved
, 2 | Page
What is the Big 5? Ans: Conscientiousness
Extraversion
Openness to experience
Emotional stability
Agreeableness
Conscientiousness Ans: Degree to which one is dependable and
reliable
Extraversion Ans: Degree to which one is sociable and outgoing
Openness to experience Ans: Openness to experience
Emotional stability Ans: Degree to which one is able to handle
stress
Agreeableness Ans: Degree to which one is cooperative and
avoids conflict
What is Self-Esteem? Ans: Can I be successful at a specific tasks
What is Self-Efficacy? Ans: How do I feel about myself
Internal Locus of Control Ans: Believe that they have significant
influence on outcomes
© 2025 All rights reserved
