LDR 951S Quiz 2

Businesses and industry specialists in 2018 criticized the company Blockbuster for not being able to see that DVDs will soon become obsolete as all content moves towards digital streaming. What common bias in decision making is this referring to?    Escalation of commitment    Hindsight bias    Risk aversion    Anchoring bias

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M.C.Q      Q. Which of the following makes it difficult for a person to take good decisions   Eustress   Good Stress   Distress   Positive Stress

convincing yourself that because everyone else is doing it, it must be okay. Choose from the choices 1 to 4  mitigating dilemmas   Type B dilemmas   ethical dilemmas   Type A dilemmas

What did the Milgram experiment on conformity to authority reveal to researchers? Group of answer choices Participants conformed because they were afraid of experiencing pain (shocks) themselves. The researcher/experimenter’s gender and attractiveness was important in obtaining group compliance. The researcher/experimenter’s directiveness and legitimacy was important in obtaining group compliance. Participants conformed because they were being financially rewarded.

Corporate conduct (17th edition) phase by step Robbin   What is rationality limited? How is this connected with decision-making? What are the consequences of limited reasoning and its relationship to workplace decision making? Examples: Examples

Sara saved 2500 dollars during 2,5 months. She spent all of her saving for buying a dress and shoes for participating in a classy party. The day after the party she blamed herself for spending all of her saving. Her feeling is defined as ---- Avoidance-avoidance conflict Approach-Approach Conflict Approach-Avoidance Conflict None of the answers

I leave the keys in my car when I am home. People routinely ride bicycles without wearing a helmt. What is the most likely explanation for these types of behavior? O The marginal cost of removing my keys from the car and the marginal cost of purchasing and wearing a helmt are lower than the respective marginal benefits O High discount rates cause people to value future costs and benefits too low O The marginal costs of removing my keys from the car or wearing a helmet are high O People mistakenly estimate the probability of low frequency events at zero

A committee is made up of 12 managers: three each from the sales, production, accounting, and human resources departments. They read a comprehensive study of the company they work for, and are asked which of its recommendations are most important. In discussion they find that the managers perceive that the most important recommendations are those concerning their own departments. This finding is most likely the result of what type of bias? selective perception halo effect Pygmalion effect self-serving bias projection

Tahseen Poonawala strongly believe that his priority in life is to lead a “comfortable life.” This would fit in as a. Instrumental Value b. Terminal Value c. Self monitoring d. Behaviour

All of the factors below are taken into consideration when determining the ethical intensity of an action except:   Question 22 options:   social consensus   probability of effect   concentration of effect   level of moral development

Self-image congruence models suggest that we choose products when their attributes match some aspect of the self. Beyonce’s Beehive fan club uses this theory of the self-concept:  a. Looking Glass Self b. Symbolic Self  c. Ideal Self  d. Real Self   e. Extended Self

Nadiya, your classmate, is struggling to keep up with class. Last week, she told you that she even thought about cheating on a test. If the professor her dishonesty cause, such as catches Nadiya, the professor is likely to believe that Nadiya is cheating due to an internal The professor's perception is being influenced by the

According to Robert L. Katz, managers need to have technical, interpersonal, and conceptual skills   Select one: True False

Case 2-1.Self-Concept, Self-Congruency Theory and Consumer Behavior:Take some time for introspection. Thinking deeply, write a description of the characteristics [core beliefs, psychographics (activities, interest, and opinions)], etc. that define your actual self. What products, and what specific brands have you bought in certain product categories that reflect your actual self? Do the same thing as you did in question two, except do this for your ideal and possible selves. Since as a student you may not have the financial resources to have already bought many of these products, don’t place any emphasis on whether or not you can currently afford these products and brands; what would you buy, if you could, to reflect these aspirational selves.

Group Decision Making: Social decision schemes or rules can predict the final outcome of group decision making on the basis of the individual members’ initial positions What are the four schemes can be used ? with explanation

Week 7: Interactive activity (Case Analysis (Sorry, You're Too Smart Have you ever been turned down for a job because you ?"were "overqualified Although this may sound like a compliment, it can be disappointing when you are job hunting. Consider applicants who are turned down for jobs because they are "too smart." This could be determined by pre- employment testing or the interviewer may assume applicants' cognitive ability based on education level, GPA, or certifications. You don't often hear someone say that an applicant is "too emotionally intelligent" or "too physically coordinated." So why does it matter if you are ?overqualified in cognitive ability Employers may argue that cognitively overqualified employees will not perform well in their jobs. The lack of challenge they feel in the job tasks could make them bored and unmotivated and then lead to low performance. In fact, research shows that cognitively overqualified employees perform just as well as other employees, but not…

1a) Which of the following regarding conflict process model is correct? a) The conflict process is a series of episodes that potentially cycle into conflict escalation. b) Conflict perceptions are always based on negative emotions. c) Conflict episodes are usually based on logic. d) Feelings and perceptions cycle with manifest conflict, meaning manifest conflict never really occurs. 1b) Which of the following represents legitimate power? a) People in certain roles can request a set of behaviors from others. b)The manager is seen as an expert in their field. c)The manager is able to reward or punish the employees. d)The manager has the capacity to influence others on the basis of an identification with and respect for the power holder. 1c) Which type of task interdependence usually has the lowest risk of conflict? a) total interdependence b) orderly interdependence c) pooled interdependence d) sequential interdependence

How to reply to this in 100 words? For this week's discussion, we have been asked to review and discuss the Myers-Briggs Type Indicator (MBTI). This is an extension of the Jungian personality theory, which identifies personality traits that help identify performance measures that make it easier to promote and use employees in a way that will ensure their success (McShane & Von Glinow, 2022). However, there are particular areas in business where this can be used, as it is not a bulletproof evaluation tool, and, per the text, it could be a better tool for performance evaluation and pre-employment. (Coe, 1992). So, how does this apply to the question of the week, and how can we use it in daily business to increase the success of the employee and the business overall?      The MBTI tool could promote middle managers to the executive level. Executive-level managers are good leaders with strong communication skills and personality traits that set them apart from the pack (Men, 2015). We…

1)The internal psychological factors which affect an individual’s perception includes the following: Select one: a.Internal, cultural, external and organisation of stimuli b.Past experiences, expectations, ability and personality  c.Past experiences, expectations, ability and grouping d.Internal, external, organisation of stimuli and grouping   2)All of following are benefits of good employee communication except Select one: a.Improves organisational performance b.Decreases trust  c.Decreases job dissatisfaction d.Improves employee trust   3)Action Learning refers to target training which is intended to solve an actual problem. Select one: True False

According to Maslow’s hierarchy of needs, if a person’s esteem needs have been satisfied, then it is safe to assume that all of the following needs have also been satisfied EXCEPT: a. Belonging b. Psychological c. Self-Actualization d. Safety