The clerical test is a good predictor of a different criteria (i.e.‚ error rate and speed). Thus‚ using both the clerical test and one of the work sample test appears to be the best combination of predictors. 3. What limitations in the above study should be
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Practice Essay Personality Personality can be defined as the characteristic ways of thinking‚ feeling and acting that make a person an individual (Fletcher & Garton‚ 2007). There are a number of different personality theories that aim to explain an individual’s personality‚ such as the Learning theory studied by B.F Skinner and the Trait theory studied by Cost and McCrae. By examining these personality theories in relation to a particular case study‚ it is possible to understand how an individual’s
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accounts in national income accounting. Q.7(a) Why should inflation be controlled ? Discuss the various measures to be adopted to control it. (b) Describe the primary and secondary functions of money. Q.8 Read the following case and answer the questions given at the end. TAKE THE BULL BY THE HORN Through its relatively brief history‚ the Reliance group has specialised in taking gambles‚ sometimes huge ones. A pattern repeated time and again - such as when it set up capacities
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Chapter I. What is Organizational Behaviour Organizational behaviour (OB) is a field of study that investigates the impact that individuals‚ groups‚ and structure have on behaviour within organizations‚ for the purpose of applying such knowledge toward improving an organization’s effectiveness. It studies three determinants of behavior in organizations: individuals‚ groups‚ and structure. In addition‚ OB applies the knowledge gained about individuals‚ groups‚ and the effect of structure on behavior
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THE ESSENCE OF ORGANIZATIONAL BEHAVIOUR A definition of organizational behaviour ‘The study of the structure‚ functioning and performance of organizations‚ and the behaviour of groups and individuals within them’ (Pugh‚ 1971). Characteristics of organizational behaviour (Ivancevich et al‚ 2008) ● It is a way of thinking about individuals‚ groups and organizations. ● It is multidisciplinary. ● There is a distinctly humanistic orientation. ● It is performance-oriented. ● The use of scientific
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Q1: Insurance companies in the state of Florida earned record profits in 2006‚ suggesting that Nationwide’s decision to cancel policies in light of the calm hurricane seasons (in Florida) in 2005-2007 may have cost the company potential revenue and customer goodwill. Do you think Rommel’s quote about making a ’’sound business decision’’ reveals any perceptual or decision-making biases? Why or why not? Ans : Overconfidence bias is identified as ’’the tendency to overestimate the probability that
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I. My weight is only 38‚ while my age is 18‚ when I was confirmed by the doctor that I was under-weight. It is 3 years ago when I was vulnerable to infection as the symptoms of underweight. II. So‚ I search for something that can help me to gain weight. At last‚ I was being introduced to Herbalife by my friend. III. I make some research on Herbalife to know it better before I use it in order to achieve the targeted weight without putting myself at risk. IV. Today‚ I would like to inform
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Cost Definition: A actual amount that has to be paid or given up in order to get some thing. In business cost is usually a monitory valuation of * Effort * Material * Resources * Time * Utilities consumed * Risk incurred * Opportunity foregone in a product. * Delivery of goods or services. * All expenses and cost Classification of cost Purpose of classification | classification | Preparing External Financial statements | Product classification (Inventoriable)
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Interdisciplinary Approach Organizational behaviour is basically an interdisciplinary approach. It draws heavily from other disciplines like psychology‚ sociology and anthropology. Besides‚ it also takes relevant things from economics‚ political science‚ law and history. Organizational behaviour integrates the relevant contents of these disciplines to make them applicable for organizational analysis. e.g. it addresses issues‚ which may be relevant to the case‚ such as the following: • What facilitates
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INTRODUCTION Organizational behaviour is concerned with the study of the behaviour of people within an organizational setting. It involves the understanding‚ prediction and control of human behaviour and the factors which influence the performance of people as members of an organization. Organizational behaviour dose not encompass the whole of management; it is more accurately described in narrower interpretation of providing a behavioural approach to management. All organizations face the basic
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