MGMT 371 Exam 1 - Iowa State question correctly answered 2023

MGMT 371 Exam 1 - Iowa State question correctly answered 2023What is organizational behavior? - correct answer The field of study devoted to understanding, explaining, and improving the attitudes and behaviors of individuals and groups in organizations Why does OB matter? - correct answer Good OB behavior=more company profit Resource-based view - correct answer What makes resources capable of creating long-term profits for the firm Examples of resources - correct answer Financial resources Physical resources OB resources (knowledge, ability, wisdom, image, culture, goodwill) Good people are rare and imitable Methods of "knowing" - correct answer Method of experience Method of intuition Method of authority Method of science Method of experience - correct answer We have our own first-hand experience Method of intuition - correct answer People hold firmly to some belief b/c it "stands to reason" - seems obvious Method of authority - correct answer Someone in authority told us Method of science - correct answer Scientific studies