MGMT 4482 Study Guide - Comprehensive Final Exam Guide - Satisficing, Regression Analysis, Railways Act 1921

• School: Saint Mary's University
• Department: Management
• Course: MGMT 4482
• Professor: obrien

Document Summary

Satisficing - making an acceptable or adequate choice rather than the best or optimal choice. Organizational fit - applicants" overall suitability for the organization and its culture. Implicit theories - personal beliefs that are held about how people or things function, without objective evidence and often without conscious awareness. False positive error - occurs when an applicant who is assessed favourably turns out to be a poor choice. False negative error - occurs when an applicant who is rejected would have been a good choice. Pure judgement approach - an approach in which judgemental data are combined in a judgemental manner. Trait rating approach - an approach in which judgemental data are combined statistically. Profile interpretation - an approach in which statistical data are combined in a judgmental manner. Pure statistical approach - an approach in which data are combined statistically. Judgemental composite - an approach in which judgemental and statistical data are combined in a judgemental manner.