OAM 330 EXAM 1 QUESTIONS AND
ANSWERS 2024 WITH COMPLETE
SOLUTION UPDATED REVIEW PAPER 2026
QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ Human resource management. Answer: Field of study that focuses on
the applications of OB theories and principles in organizations.
- takes OB theories and applies them in organizational settings
⩥ Strategic management. Answer: Field of study devoted to exploring
the product choices and industry characteristics that affect an
organization's profitability.
- product choices and industry characteristics that affect profits
⩥ Resource-based view. Answer: A model that argues that rare and
inimitable resources help firms maintain competitive advantage
⩥ Rule of One-Eighth. Answer: The belief that at best one-eighth, or 12
percent, of organizations will actually do what is required to build
profits by putting people first.
, 1/2 don't believe
1/2 make single change
1/2 don't change long enough
=1/8 of companies do what is required to build profits by putting people
first
⩥ Method of experience. Answer: When people hold firmly to some
belief because it is consistent with their own experience and
observations.
⩥ Method of intuition. Answer: When people hold firmly to some belief
because it "just stands to reason"—it seems obvious or self-evident.
⩥ Method of authority. Answer: When people hold firmly to some belief
because some respected official, agency, or source has said it is so.
⩥ Method of science. Answer: People accept some belief because
scientific studies have tended to replicate that result using a series of
samples, settings, and methods
ANSWERS 2024 WITH COMPLETE
SOLUTION UPDATED REVIEW PAPER 2026
QUESTIONS AND CORRECT ANSWERS
GRADED A+
⩥ Human resource management. Answer: Field of study that focuses on
the applications of OB theories and principles in organizations.
- takes OB theories and applies them in organizational settings
⩥ Strategic management. Answer: Field of study devoted to exploring
the product choices and industry characteristics that affect an
organization's profitability.
- product choices and industry characteristics that affect profits
⩥ Resource-based view. Answer: A model that argues that rare and
inimitable resources help firms maintain competitive advantage
⩥ Rule of One-Eighth. Answer: The belief that at best one-eighth, or 12
percent, of organizations will actually do what is required to build
profits by putting people first.
, 1/2 don't believe
1/2 make single change
1/2 don't change long enough
=1/8 of companies do what is required to build profits by putting people
first
⩥ Method of experience. Answer: When people hold firmly to some
belief because it is consistent with their own experience and
observations.
⩥ Method of intuition. Answer: When people hold firmly to some belief
because it "just stands to reason"—it seems obvious or self-evident.
⩥ Method of authority. Answer: When people hold firmly to some belief
because some respected official, agency, or source has said it is so.
⩥ Method of science. Answer: People accept some belief because
scientific studies have tended to replicate that result using a series of
samples, settings, and methods
