MGT 301 Exam Study Guide –
Practice Questions with Verified
Answers. GRADED A+. Latest
2026/2027 Update
Organizational behavior (OB) - Answer✔✔ -a field of study devoted to
understanding, explaining, and ultimately improving the attitudes and behaviors
of individuals and groups in organizations
Human resource management - Answer✔✔ -Field of study that focuses on the
applications of OB theories and principles in organizations
Strategic Management - Answer✔✔ -Field of study devoted to exploring the
product choices and industry characteristics that affect an organization's
profitability
,Job Performance - Answer✔✔ -Employee behaviors that contribute either
positively or negatively to the accomplishment of organizational goals
Organizational commitment - Answer✔✔ -An employee's desire to remain a
member of an organization
job satisfaction - Answer✔✔ -a pleasurable emotional state resulting from the
appraisal of one's job or job experiences
Stress - Answer✔✔ -a psychological response to demands that possess certain
stakes for the person and that tax or exceed the person's capacity or resources
Resource-based view - Answer✔✔ -A model that argues that rare and inimitable
resources help firms maintain competitive advantage
Inimitable - Answer✔✔ -not capable of being copied or imitated
History - Answer✔✔ -a collective pool of experience, wisdom, and knowledge
that benefits the organization
, Numerous small decisions - Answer✔✔ -people making many small decisions
every day that are invisible to competitors
Socially complex resources - Answer✔✔ -Resources created by people, such as
culture, teamwork, trust, and reputation. The source of competitive advantage
is known, but the method of replicating the advantage is unclear.
Rule of One-Eighth - Answer✔✔ -The belief that at best one-eighth, or 12
percent, of organizations will actually do what is required to build profits by
putting people first.
Method of experience - Answer✔✔ -When people hold firmly to some belief
because it is consistent with their own experience and observations.
Method of intuition - Answer✔✔ -when people hold firmly to some belief
because it "just stands to reason" - it seems obvious or self-evident
Method of authority - Answer✔✔ -When people hold firmly to some belief
because some respected official, agency, or source has said it is so.
Practice Questions with Verified
Answers. GRADED A+. Latest
2026/2027 Update
Organizational behavior (OB) - Answer✔✔ -a field of study devoted to
understanding, explaining, and ultimately improving the attitudes and behaviors
of individuals and groups in organizations
Human resource management - Answer✔✔ -Field of study that focuses on the
applications of OB theories and principles in organizations
Strategic Management - Answer✔✔ -Field of study devoted to exploring the
product choices and industry characteristics that affect an organization's
profitability
,Job Performance - Answer✔✔ -Employee behaviors that contribute either
positively or negatively to the accomplishment of organizational goals
Organizational commitment - Answer✔✔ -An employee's desire to remain a
member of an organization
job satisfaction - Answer✔✔ -a pleasurable emotional state resulting from the
appraisal of one's job or job experiences
Stress - Answer✔✔ -a psychological response to demands that possess certain
stakes for the person and that tax or exceed the person's capacity or resources
Resource-based view - Answer✔✔ -A model that argues that rare and inimitable
resources help firms maintain competitive advantage
Inimitable - Answer✔✔ -not capable of being copied or imitated
History - Answer✔✔ -a collective pool of experience, wisdom, and knowledge
that benefits the organization
, Numerous small decisions - Answer✔✔ -people making many small decisions
every day that are invisible to competitors
Socially complex resources - Answer✔✔ -Resources created by people, such as
culture, teamwork, trust, and reputation. The source of competitive advantage
is known, but the method of replicating the advantage is unclear.
Rule of One-Eighth - Answer✔✔ -The belief that at best one-eighth, or 12
percent, of organizations will actually do what is required to build profits by
putting people first.
Method of experience - Answer✔✔ -When people hold firmly to some belief
because it is consistent with their own experience and observations.
Method of intuition - Answer✔✔ -when people hold firmly to some belief
because it "just stands to reason" - it seems obvious or self-evident
Method of authority - Answer✔✔ -When people hold firmly to some belief
because some respected official, agency, or source has said it is so.
