ADM 2336 Chapter Notes - Chapter 1: Job Performance, Human Relations Movement, Social Forces
Document Summary
Ob: devoted to understanding/explaining/improving the attitudes/behaviours of individuals and groups in organizations. Hr: application of theories and principles studied in ob into organizations. Strategic management: product choices and industry characteristics that affect profitability. Resource-based view: rare (in short supply) and inimitable (incapable of being copied) resources help firms maintain competitive advantage. Rare resource value or inimitable resource value. Rule of one-eighth: ~one eighth (12%) of all organizations will actually do what is required to build profits by putting people first. How do we know what we know about organizational. 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 or should not be related. Hypotheses: written predictions that specify relationships between variables. Correlation (r): the statistical relationship between two variables; can be negative or positive and range from 0 (no relationship) to +/- 1 (a perfect relationship)