Which of the following argues that scientific findings should form the foundation for management education?
- resource-based view
- contingency approach
- traditional management
- management by objectives
- evidence-based management
Evidence-based management is a perspective that argues that scientific findings should form the foundation for management education.
Evidence-Based Management: A perspective that argues that scientific findings should form the foundation for management education.
Of the following methods, which suggests that people hold firmly to some belief because some respected official, agency, or source has said it is so?
- method of science
- method of intuition
- method of behavior
- method of authority
- method of experience
Method of Authority: People hold firmly to some belief because some respected official, agency, or source has said it is so.
Method Of Authority: When people hold firmly to some belief because some respected official, agency, or source has said it is so.
Riku, an HR manager, believes that his implementation of HR practices in the company is impeccable because he received the inputs for these practices from the CEO himself. Which of the following philosophies is he relying on?
- method of science
- method of intuition
- method of behavior
- method of authority
- method of experience
Method of Authority: People hold firmly to some belief because some respected official, agency, or source has said it is so.
Method Of Authority: When people hold firmly to some belief because some respected official, agency, or source has said it is so.
Venia, who often relies on the method of authority, has to make an important decision about marketing a product. Which of the following would she most likely do?
- hire an ad agency because she liked working with the agency before
- hire an ad agency because her close friend works for the agency
- hire an ad agency because many other companies have hired it
- hire an ad agency because a survey showed it was effective
- hire an ad agency because her boss recommended it
The method of authority suggests that people hold firmly to a belief because some respected official, agency, or source has said it is so. Venia, who often relies on this method, would mostly likely hire an ad agency because her boss recommended it.
Method Of Authority: When people hold firmly to some belief because some respected official, agency, or source has said it is so.
Ji-hu believes in making decisions based on the method of experience. Considering this, which of the following actions would he most likely take?
- He would buy the Hellman espresso machine because the choice seems obvious.
- He would buy the Almas espresso machine because his manager highly recommends it.
- He would buy the Franceso espresso machine because research shows it is the most durable.
- He would buy the Jones espresso machine because he liked his previous machine, which was made by Jones.
- He would buy the Lucia espresso machine because surveys of the product show the highest customer approval.
People use the method of experience to hold firmly to some belief because it is consistent with their own experience and observations. Ji-hu's experience with the Jones espresso machine would likely convince him to buy another one.
Method Of Experience: When people hold firmly to some belief because it is consistent with their own experience and observations.
Which of the following methods suggests that people hold firmly to some belief because it is consistent with their own observations?
- method of science
- method of intuition
- method of behavior
- method of authority
- method of experience
Method of Experience: People hold firmly to some belief because it is consistent with their own experience and observations.
Method Of Experience: When people hold firmly to some belief because it is consistent with their own experience and observations.
You are a manager that uses the method of intuition to make decisions. Considering this, which of the following actions would you probably take?
- Your hire more workers because it just makes sense.
- You fire fifteen employees because your boss claims this action was necessary.
- You recommend expanding your company into Canada because of survey reports.
- You approve a budget for a new product lined based on extensive market research.
- You lower your bid for a new project due of your history with a competitor who is also submitting a bid.
The method of intuition refers to when people hold firmly to some belief because it "just stands to reason"-it seems obvious or self-evident. Because of this, you would hire more workers because it just makes sense.
Method Of Intuition: When people hold firmly to some belief because it “just stands to reason”–it seems obvious or self-evident.
Chiara decided to increase the price of her merchandise because it seemed to be the obvious thing to do. Which of the following philosophies is he relying on?
- method of science
- method of intuition
- method of behavior
- method of authority
- method of experience
Method of Intuition: People hold firmly to some belief because it "just stands to reason"-that is, it seems obvious or self-evident.
Method Of Intuition: When people hold firmly to some belief because it “just stands to reason”–it seems obvious or self-evident.
Causal inferences means establishing that one variable really does cause another.
Causal inferences means establishing that one variable really does cause another.
Causal Inference: The establishment that one variable does cause another, based on covariation, temporal precedence, and the elimination of alternative explanations.
________ is defined as a collection of assertions that specify how and why variables are related, as well as the conditions in which they should and should not be related.
- Hypothesis
- Information
- Paradigm
- Data
- Theory
Theory is defined as a collection of assertions that specify how and why variables are related, as well as the conditions in which they should (and should not) be related.
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.
The scientific method begins with
- theory.
- auditing.
- paradigm.
- hypotheses.
- verification.
The scientific method begins with theory and requires that theories be used to inspire hypotheses.
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.
Authority-based management argues that scientific findings should form the foundation for management education.
Evidence-based management is a perspective that argues that scientific findings should form the foundation for management education, much as they do for medical education.
Theory is defined as a collection of assertions-both verbal and symbolic-that specify how and why variables are related, as well as the conditions in which they should (and should not) be related.
The scientific method begins with theory, defined as a collection of assertions-both verbal and symbolic-that specify how and why variables are related, as well as the conditions in which they should (and should not) be related.
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.
A correlation describes the statistical relationship between three variables.
A correlation, abbreviated r, describes the statistical relationship between two variables. Correlations can be positive or negative and range from 0 (no statistical relationship) to 1 (a perfect statistical relationship).
Correlation: The statistical relationship between two variables. Abbreviated r, it can be positive or negative and range from 0 (no statistical relationship) to 1 (a perfect statistical relationship).
A useful way to understand correlation between two variables is to look at a scatterplot.
The best way to get a feel for the correlation is to look at a scatterplot-a graph depicting the relationship between two variables.
Correlation: The statistical relationship between two variables. Abbreviated r, it can be positive or negative and range from 0 (no statistical relationship) to 1 (a perfect statistical relationship).
The strength of a correlation can be inferred from the "compactness" of its scatterplot.
The strength of the correlation can be inferred from the "compactness" of its scatterplot.
Correlation: The statistical relationship between two variables. Abbreviated r, it can be positive or negative and range from 0 (no statistical relationship) to 1 (a perfect statistical relationship).
Understanding correlation is important because OB questions are "yes or no" in nature.
Understanding the correlation is important because OB questions are not "yes or no" in nature. That is, the question is not "Does social recognition lead to higher job performance?" but rather "How often does social recognition lead to higher job performance?" The correlation provides a number that expresses an answer to the "how often" question.
Choose the method that suggests people accept some belief because studies have tended to replicate that result using a series of samples, settings, and methods.
- method of science
- method of intuition
- method of behavior
- method of authority
- method of experience
Method of Science: People accept some belief because scientific studies have tended to replicate that result using a series of samples, settings, and methods.
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.