An Understanding of Organisational Behaviour (OB) Can Help Organisations to Prevent

question 100

Multiple Choice

An understanding of organisational behaviour (OB) can help organisations to prevent all of the following problems EXCEPT

• A) unhappy employees.
• B) weak leadership.
• C) lack of direction.
• D) stagnating profits.
• E) loss of market share.

---

Definitions:

Best Response

In game theory, it is the strategy that yields the highest payoff for a player, given the strategies chosen by other players.

Nash Equilibrium

A concept in game theory where each player's strategy is optimal, given the strategies of all other players, resulting in no incentive for unilateral shifts.

Game of Chicken

A game theory model where two players head towards each other on a collision path; the one who swerves is considered 'chicken,' but if neither swerves, both face disastrous outcomes.

Simultaneous Game

A scenario in game theory where all players make their decisions at the same time without knowledge of the other players' choices.