MNGT 3460 Exam 1 Auburn – Wesson
Questions and Answers 100% Pass
Organizational behavior (OB) - ✔✔The field of study devoted to understanding,
explaining, and ultimately improving the attitudes and behaviors of individuals and
groups in organizations.
Human resource management - ✔✔Takes the theories and principles studies in OB and
explores the "nuts‐and‐ bolts" applications of those principles in organizations.
Strategic management - ✔✔Focuses on the product choices and industry characteristics
that affect an organization's profitability.
OB foundations - ✔✔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? - ✔✔Resource-based view
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,- Financial resources (revenue, equity)
- Physical resources (buildings, machines, technology)
- Knowledge, decision‐making, culture, ability, wisdom
- Image, culture, goodwill
What makes a resource valuable? - ✔✔Rare, Inimitable (History, Numerous small
decisions, Socially complex resources)
Rule of One-Eighth - ✔✔• 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 - ✔✔People hold firmly to some belief because it is consistent
with their own experience and observations.
Method of intuition - ✔✔People hold firmly to some belief because it "just stands to
reason", it seems obvious or self‐evident.
Method of authority - ✔✔People hold firmly to some belief because some respected
official, agency, or source has said it is so.
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, Method of science - ✔✔People accept some belief because scientific studies have tended
to replicate that result using a series of samples, settings, and methods
Correlation - ✔✔-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 - ✔✔Establishing that one variable really does cause another
Meta-analysis - ✔✔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
.3 correlation is considered moderate
.1 correlation is considered weak
Evidence-based management - ✔✔A perspective that argues that scientific findings
should form the foundation for management education
Meta-analysis is the foundation of this
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Questions and Answers 100% Pass
Organizational behavior (OB) - ✔✔The field of study devoted to understanding,
explaining, and ultimately improving the attitudes and behaviors of individuals and
groups in organizations.
Human resource management - ✔✔Takes the theories and principles studies in OB and
explores the "nuts‐and‐ bolts" applications of those principles in organizations.
Strategic management - ✔✔Focuses on the product choices and industry characteristics
that affect an organization's profitability.
OB foundations - ✔✔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? - ✔✔Resource-based view
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,- Financial resources (revenue, equity)
- Physical resources (buildings, machines, technology)
- Knowledge, decision‐making, culture, ability, wisdom
- Image, culture, goodwill
What makes a resource valuable? - ✔✔Rare, Inimitable (History, Numerous small
decisions, Socially complex resources)
Rule of One-Eighth - ✔✔• 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 - ✔✔People hold firmly to some belief because it is consistent
with their own experience and observations.
Method of intuition - ✔✔People hold firmly to some belief because it "just stands to
reason", it seems obvious or self‐evident.
Method of authority - ✔✔People hold firmly to some belief because some respected
official, agency, or source has said it is so.
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, Method of science - ✔✔People accept some belief because scientific studies have tended
to replicate that result using a series of samples, settings, and methods
Correlation - ✔✔-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 - ✔✔Establishing that one variable really does cause another
Meta-analysis - ✔✔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
.3 correlation is considered moderate
.1 correlation is considered weak
Evidence-based management - ✔✔A perspective that argues that scientific findings
should form the foundation for management education
Meta-analysis is the foundation of this
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