Which of the Following Statements About the Field of Organizational

question 143

Multiple Choice

Which of the following statements about the field of organizational behaviour is FALSE?

• A)OB is the study of what people think,feel,and do in and around organizations.
• B)OB emerged as a distinct field of inquiry in the 1940s.
• C)OB is a self-contained discipline,independent of other disciplines.
• D)OB theories are usually tested using the scientific methoD.
• E)Many OB theories are contingency-oriented.

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Definitions:

Economic Profit

The surplus remaining after subtracting total costs, including both explicit and implicit costs, from total revenues, indicating the profitability of a business beyond breaking even.

Self-Interest

Refers to actions that elicit personal benefit or advantage, often guiding economic decision-making and behavior in the context of rational choice theory.

Consumer Sovereignty

The determination by consumers of the types and quantities of goods and services that will be produced with the scarce resources of the economy; consumers’ direction of production through their dollar votes.

Dollar Votes

The “votes” that consumers cast for the production of preferred products when they purchase those products rather than the alternatives that were also available.