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MGT 3620-EXAM 1 Questions And Answers 100% Guaranteed Pass.

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MGT 3620-EXAM 1 Questions And Answers 100% Guaranteed Pass. Organizational Behavior - Answera field of study devoted to understanding, explaining, and ultimately improving the attitudes and behaviors of individuals and groups in organizations How are Human resources and Organizational Behaviors (OB) different - AnswerManagement takes the theories and principles studied in OB and explores the "nuts-and-bolts" applications of those principles in organizations How are Strategic management and Organizational Behaviors (OB) different - AnswerFocuses on the product choices and industry characteristics that affect an organization's profitability What are the "NO" arguments towards the question "Do firms that do a good job managing organizational behavior concepts become more profitable as a result - AnswerThe product is most important & people will buy it based on quality, regardless of how a company treats their employees What is an example of the "NO" argument - AnswerWalmart is profitable because of its cost leadership strategy, even though it has a reputation of sometimes treating employees poorly What are the "YES" arguments towards the question "Do firms that do a good job managing organizational behavior concepts become more profitable as a result - AnswerThere are costs associated with turnover and you want to retain innovative employees. More satisfied employees will also offer better customer service. What is an example of the "YES" argument - AnswerHilton is profitable and is known for their customer service. They are often ranked one of the best companies to work for. What does a resource-based view of organizations do - AnswerDescribe what makes a resource valuable by creating long-term profits for the firm What are some examples of resource-based views - AnswerKnowledge, ability and culture When are resources more valuable - AnswerRare & inimitable (Good people are hard to find) ©THESTAR 2024/2025 ALL RIGHTS RESERVED. 2 | P a g e When are people inimitable - AnswerHistory, numerous small decisions, socially complex resources What does it mean "People create history" - AnswerA collective pool of experience, wisdom, & knowledge What does it mean "People make numerous small decisions" - AnswerCannot easily be observed by competitors What does it mean "People create socially complex resources" - AnswerLike culture, teamwork, trust, and reputation. It is gar for other companies to imitate the development of these. What are organization engagement in OB practices associated with - AnswerLess turnover, more market value, more profits, higher survival rate, better portfolios What is it called when 12% of organizations will do what is required to build profits by putting people first - AnswerThe rule of one-eighth ½ of organizations don't believe - AnswerThe importance of OB ½ of those who do believe in the importance of OB - AnswerWill only make a simple, single change & not realize it takes a more comprehensive approach ½ of those who do take a comprehensive & systematic approach will - AnswerPersist with the changes long enough to see benefits How do we "know" things - AnswerMethods of experience, intuition, authority, & science. Method of experience - AnswerPeople have some belief because it is consistent with their own experience and observations Method of intuition - AnswerPeople have some belief because it "just stands to reason" -it seems obvious or self-evident Method of authority - AnswerPeople have some belief because some respected official, agency, or source has said it is so. Method of science - AnswerPeople accept a belief b/c scientific studies have tended to replicate that result using a series of samples, settings, & methods In the scientific method, what is THEORY - AnswerCollection of assertions-both verbal & symbolic-that specify how & when v

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©THESTAR 2024/2025 ALL RIGHTS RESERVED.




MGT 3620-EXAM 1 Questions And Answers
100% Guaranteed Pass.


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

How are Human resources and Organizational Behaviors (OB) different - Answer✔Management
takes the theories and principles studied in OB and explores the "nuts-and-bolts" applications
of those principles in organizations

How are Strategic management and Organizational Behaviors (OB) different - Answer✔Focuses
on the product choices and industry characteristics that affect an organization's profitability
What are the "NO" arguments towards the question "Do firms that do a good job managing
organizational behavior concepts become more profitable as a result - Answer✔The product is
most important & people will buy it based on quality, regardless of how a company treats their
employees

What is an example of the "NO" argument - Answer✔Walmart is profitable because of its cost
leadership strategy, even though it has a reputation of sometimes treating employees poorly
What are the "YES" arguments towards the question "Do firms that do a good job managing
organizational behavior concepts become more profitable as a result - Answer✔There are costs
associated with turnover and you want to retain innovative employees. More satisfied
employees will also offer better customer service.

What is an example of the "YES" argument - Answer✔Hilton is profitable and is known for their
customer service. They are often ranked one of the best companies to work for.

What does a resource-based view of organizations do - Answer✔Describe what makes a
resource valuable by creating long-term profits for the firm

What are some examples of resource-based views - Answer✔Knowledge, ability and culture

When are resources more valuable - Answer✔Rare & inimitable (Good people are hard to find)

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, ©THESTAR 2024/2025 ALL RIGHTS RESERVED.

When are people inimitable - Answer✔History, numerous small decisions, socially complex
resources

What does it mean "People create history" - Answer✔A collective pool of experience, wisdom,
& knowledge

What does it mean "People make numerous small decisions" - Answer✔Cannot easily be
observed by competitors

What does it mean "People create socially complex resources" - Answer✔Like culture,
teamwork, trust, and reputation. It is gar for other companies to imitate the development of
these.

What are organization engagement in OB practices associated with - Answer✔Less turnover,
more market value, more profits, higher survival rate, better portfolios
What is it called when 12% of organizations will do what is required to build profits by putting
people first - Answer✔The rule of one-eighth

½ of organizations don't believe - Answer✔The importance of OB

½ of those who do believe in the importance of OB - Answer✔Will only make a simple, single
change & not realize it takes a more comprehensive approach

½ of those who do take a comprehensive & systematic approach will - Answer✔Persist with the
changes long enough to see benefits

How do we "know" things - Answer✔Methods of experience, intuition, authority, & science.

Method of experience - Answer✔People have some belief because it is consistent with their
own experience and observations

Method of intuition - Answer✔People have some belief because it "just stands to reason" -it
seems obvious or self-evident

Method of authority - Answer✔People have some belief because some respected official,
agency, or source has said it is so.

Method of science - Answer✔People accept a belief b/c scientific studies have tended to
replicate that result using a series of samples, settings, & methods

In the scientific method, what is THEORY - Answer✔Collection of assertions-both verbal &
symbolic-that specify how & when variables are related, as well as the conditions in which they
should (& should not) be related.




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