Chapter 1: What is Organizational Behavior Flashcards
Organizational Behavior
Field of study devoted to understanding, explaining, and ultimately improving the attitudes and behaviors of individuals and groups in organizations
Human Resource Management
Field of study that focues on the application of OB theories and principles in organizations
Strategic Managment
Field of study devoted to exploring the product choices and industry characteristics that affect an organizations profitability
Resource-based view
A model that argues that rate and inimitable resources help firms maintain competitive advantage
Inimitable
Incapable of being imitated or copied
History
A collective pool of experience, wisdom, and knowledge created by people that benefits the organization
Numerous small decisions
People making many small decisions every day that are invisible to competitors
Socially Complex resources
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
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
When people hold firmly to some belief because it is consistent with their own experience and observations
Method of intuition
When people hold firmly to some belief because it “just stands to reason”-it seems obvious or self-evident
Method of authority
When people hold firmly to some belief because some respected official, agency, or source has said it is so
Method of science
When people accept some belief because scientific studies have tended to replicate that result using a series of samples, settings , and methods
Theory
A collection of verbal and symbolic assertions that specify how and why variables are related, as well as the conditions in which they should (and should not) be related
Hypotheses
Written predictions that specify relationships between variables
Correlation
The statistical relationship between two variables. Abbreviated r, it can be positive or negative and range from 0 (no statistical relationships to 1 (a perfect statistical relationship)
Causal inference
The establishment that one variable does cause another, based on covariation, temporal precedence, and the elimination of alternative explanations
Meta-analysis
A method that combines the results of multiple scientific studies by essentially calculating a weighted average correlation across studies (with larger studies receiving more weight
Evidence-based management
A perspective that argues that scientific findings should form the foundation for management education
Analytics
The use of data (rather than just opinions) to guide decision making
