Question
Which specific concept in Herbert Simon’s decision-making theory explains why managers, constrained by limited information, time and cognitive capacity, often choose a satisfactory alternative rather than the optimal one?
The correct answer is
The Bounded Rationality Approach
Bounded rationality recognises limits on information and human processing capacity. Decision makers therefore often satisfice: they choose an alternative that meets an acceptable standard.
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Important Questions from Organizational Behaviour
- Human relations movement is helping managers to deal more effectively with the people side of
their organisations. Which of the following are part of the human relations movement?
A. Illumination Experiments
B. Relay Assesembly
C. Interviewing Programme
D. Bank Wiring Test Room
E. One Best Way
Choose the correct answer from the options given below: - Besides psychology which Behavioural Science contributed in the development of Organizational Psychology as a field of study :
a. Sociology
b. Anthropology
c. Political Science
d. Social work - The field of Industrial Psychology was created/developed by
Match List-I with List-II and select the correct answer by choosing from the codes given below :
List – I List – II a. Variable-pay program i. An incentive plan for tde improvement of group productivity linked witd total amount of money allocation. b. Piece-rate pay plan ii. Compensation distribution based on certain formula around company’s profitability c. Profit-sharing plan iii. Workers are paid a fixed sum for each unit of production d. Gain sharing iv. Portion of employees’ pay based on individual/ organizational measure of performance - Read each of the following statements - Assertion (A) and Reason (R); and indicate your answer using code given below :
Assertion (A) : Perceived fairness of the interpersonal treatment is used to determine organizational outcomes.
Reason (R) : People expect informational transparency and respect in organizations.
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