MAN 320F Exam 1 Aroian with comprehensive Questions and
Answers
Fundamental laws of business✔️1) It always takes longer than you scheduled!
2) It always costs more than you budgeted!
3) When placed in difficult situation, people will take the path of least resistance
What do managers do?✔️Ensure that the organization achieves its goals and objectives
Successful manager✔️good at getting the job done, moves up the corporate ladder, spend 48% of
their time networking
Effective manager✔️getting people to work together to meet the goals, is great at "getting the job
done," spend 44% of their time communicating
the meaning of life✔️money
organizational behavior✔️the systematic study of the actions and attitudes that people exhibit
within organizations
successful organization✔️• The right balance of management and leadership to ensure that the
organization achieves its goals and objectives.
determinants of employee performance✔️• Productivity
• Absenteeism
• Turnover
• Job satisfaction
• ...only really care about making $$
, challenges/opportunities we face in building company✔️• The typical employee is getting older
• More women in the workplace
• More minorities in the workplace
• The world is flat - competitively (globalization)
• Historical loyalty-bonds between employees and employers are being severed
• Globalization
how to manage diversity✔️respond to those differences in ways that ensure employee retention
and greater productivity while, at the same time, not discriminating
the cost of fraud✔️Over 200 billion for 40 of the top 100 fortune companies
personality✔️a relatively stable set of characteristics that influences an individual's behavior, The
way in which an individual reacts and interacts with others, often described in terms of traits
big 5 model of personalities✔️extroversion, agreeableness, conscientiousness, emotional stability,
openness to experience
locus of control✔️belief that life is controlled by oneself vs external forces
Machiavellianism✔️tendency to manipulate and maintain emotional distance
self-monitoring✔️sensitive to external cues to behave differently
risk propensity✔️willingness to take chances. ex Donald Trump
Type A personality✔️incessantly struggling to achieve more, great sales reps
Answers
Fundamental laws of business✔️1) It always takes longer than you scheduled!
2) It always costs more than you budgeted!
3) When placed in difficult situation, people will take the path of least resistance
What do managers do?✔️Ensure that the organization achieves its goals and objectives
Successful manager✔️good at getting the job done, moves up the corporate ladder, spend 48% of
their time networking
Effective manager✔️getting people to work together to meet the goals, is great at "getting the job
done," spend 44% of their time communicating
the meaning of life✔️money
organizational behavior✔️the systematic study of the actions and attitudes that people exhibit
within organizations
successful organization✔️• The right balance of management and leadership to ensure that the
organization achieves its goals and objectives.
determinants of employee performance✔️• Productivity
• Absenteeism
• Turnover
• Job satisfaction
• ...only really care about making $$
, challenges/opportunities we face in building company✔️• The typical employee is getting older
• More women in the workplace
• More minorities in the workplace
• The world is flat - competitively (globalization)
• Historical loyalty-bonds between employees and employers are being severed
• Globalization
how to manage diversity✔️respond to those differences in ways that ensure employee retention
and greater productivity while, at the same time, not discriminating
the cost of fraud✔️Over 200 billion for 40 of the top 100 fortune companies
personality✔️a relatively stable set of characteristics that influences an individual's behavior, The
way in which an individual reacts and interacts with others, often described in terms of traits
big 5 model of personalities✔️extroversion, agreeableness, conscientiousness, emotional stability,
openness to experience
locus of control✔️belief that life is controlled by oneself vs external forces
Machiavellianism✔️tendency to manipulate and maintain emotional distance
self-monitoring✔️sensitive to external cues to behave differently
risk propensity✔️willingness to take chances. ex Donald Trump
Type A personality✔️incessantly struggling to achieve more, great sales reps
