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Midterm 1 Study Guide

Overseeing movement of jobs to countries with lower

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Unformatted text preview: ience. • Disciplines that Contribute to the OB Field- OB is an applied behavioral science built on contributions from a number of behavioral disciplines, mainly psychology and social psychology, sociology, and anthropology. Psychology contributions are mainly at an individual level while the other disciplines are at a group level. The difference between good and bad management reflects the difference between making a lot of money and making a lot more money. In good times, understanding how to reward, satisfy, and retain employees is at a premium. In bad times, issues like stress, decision- making, and coping come to the fore. Responding to Globalization- the world has changed and become more global. Thus, the manager’s job has changed. • • • Increased foreign assignments- transferred to employer’s operating division or subsidiary in another country. Managers must manage a workforce with very different needs, aspirations, and attitudes. Working with people from different cultures- managers find themselves working with bosses, peers, and other employees born and raised in different cultures. To work effectively, one must understand their culture, geography, and religion have shaped them and how to adapt their management style to their employees’ differences. Overseeing movement of jobs to countries with lower- cost labor- jobs tend to flow where lower costs give businesses a comparative advantage. Managers face the difficult task of balancing the interests of their organization with their responsibilities to th...
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