The Concepts and Principles of OB Are Important to Managers

question 55

True/False

The concepts and principles of OB are important to managers because in every organization human beings ultimately make the decisions that control how the organization will acquire and use resources.

Understand the factors limiting saving in Developing and Vulnerable Countries (DVCs).

Comprehend characteristics and major obstacles to economic growth in DVCs.

Recognize the needed elements for capital formation and economic growth in DVCs.

Identify the impact of population growth on economic development in DVCs.

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Definitions:

Job Sharing

Splits one job between two people.

Autonomous Group Scheduling

A work arrangement where teams set their own schedules and deadlines without direct oversight.

Skill Variety

The degree to which a job requires a range of different activities and skills, influencing worker engagement and satisfaction.

Flexible Working Hours

A work arrangement that allows employees to adjust their working times and locations, promoting work-life balance.