Shared Flashcard Set


organizational behavior mann
Undergraduate 1

Additional Business Flashcards




What are the common misconceptions in the work world?

1. Jobs aren't going to find you

2. Your going to make a hundred grand your first year

3. The resume you make the night before will kick ass

4. Company's look solely at Gpa when choosing applicants

5. High grades plus nothing will you get a good job

6. A first impression isn't inmportant

7. Finding a job will be easy when I'm home

8. The first job isn't important

9. You can wait until the last minute


Whats the difference between the real world and college?

College is

1. Frequent, quick, and concrete feedback

2. Personally supportive setting

3. Structured with direction

4. Control over time

5. Breaks and have time off

6. Have professors

7. Less initiation

8. Pay them

9. Do work when you want

10. Forgiveness Policy

11. No need to step up everyday


The Real World

1. Is Infrequent with less than precise feedback

2. More "do it yourself" workforce

3. Unstructured with few directions

4. They control your time

5. You have bosses

6. Mega initiation

7. They pay you

8. Do work when they want it

9. No forgiveness policy

10. Need to step up everyday


What are the highest and lowest unemployment rates in the job force for college students?



Highest Unemployment: Architecture(9.2%), Arts(7.1%), and Humanities and Liberal arts(6.1%).


Lowest Unemployment: Health(2.2%), Agriculture and Natural Resources(3.5%), and Education(4.5%)


What skills do most employees lack?

And why are they important?


Students often lack

1. Interpersonal skills

2. Problem Solving

3. Effective Written and Oral Communications

4. Teamwork

5. the ability to think critically and analytically


It's important because it allows the emplyoee to come up with novel solutions to problems and better sort throught information to filter out the most critical pices.


45% of hiring manager say that want a student to have a specified degree, whereas 55% of hiring manager say they would liek the student to have a more broad degree like liberal arts.

What two states had the two highest positive income changes? What states had the highest negative income changes?

Highest Positive Income Changes: Maryland and New Jersey


Highest Negative Income Change: Connecticut, Nevada, and Vermont.


Discuss the trends with personal savings and consumer debt during the recession.



Personal Savings: During the recession consumers personal savings jumped from 2% of the consumers disposable income in the beginning of 2008 to upwards over 6% by the end of 2009. Then went back down to 4% in January 2010. From mid 2010 to present theres has been a small decline from 6% to 4%.


Consumer Debt: Consumer debt has been on a steady rise for year due to the housing market and bad economy. But during the recession from 2008 to present there was nearly 1 billion in debt in America and only began to fall after 2010.


What are the problems with long term unemployment?



1. Discrimitation

2. Skill obsolescence

3. Spirit/confidence loss

4. Fewer vacancies further along

5. Networks dwindle

6. Worse off finanicially

7. Got to take something- leaves them behind


What are the major finding with the Gen Y workers?



1. They are graduating into poor retail paying jobs.

63% of Gen Y workers have a bachelors degree but most the jobs they are recieving do not require a bachelor's degree. The most common jobs for Gen Y workers include Merchandise Displayer, Clothing Sales Representativeand Cell Phone sales Representative.


2. They love working for technology companies. They offer a high degree of satisfaction, low job stress, high pay, flexibility, and meaningfulness of job. Qualcomm, Google, and Medtronic were the top 3 on the list.


3. They prefer to work for smaller companies rather than larger ones. 47% of Gen Y workers work for a company with less than 100 workers, 30% work for companies that have between 100 and no more than 1500 employess, and 23% work for companies with more than 1500 employees.


4. They are social media savy. The most common skillsare focused on online marketing and social media such as blogging, social media optimaization, and press releases.


5. They are very entrepreneurial. Gen Y is 1.82 times more likely to major in entrepreneurial studies

Why aren't employers hiring these days?

1. They seem to being doing ok with what they have

2. Trimmed a lot of fat in the past few years and got better at things

3. Earnings may sound good, but everything is relative

4. Uncertainty of douple dipping into recession

5. Uncertainty about politics

6. Uncertainty about money/economy

7. Can i get it cheaper elsewhere?

8. Don't want to go through that shit again

9. Fiscal (certain financial matters)

How were savers and spenders different in terms of setting aside money for retirement?

Statistically significant results confirmed the value of family thriftiness. Less thrifty employees(spenders) felt:


1. Less enjoyment in the tasks they did at work

2. they were less interested in seeking out ways to improve the company

3. had difficulty concentrating on tasks and were more easily distracted

4. reported that completion of job tasks has been repeatedly delayed because of increased job searching activity at work

5. More frequently reported that work was "nerve racking"

6. more work-family imbalance

7. were increasingly concerned that future financial obligations will go unmet

8. felt more downhearted and irritable at work

9. more frequently reported having a shorter fuse at home

10. "the research also confirmed that less conservative employees set aside fewer financial resources to cushion the family in the event of an emergency or change in work status"

Whats the impact of pressure cooker work climates? How have the opinions of high potential employess changes as stress levels have increased?

Pressure cooker work cilmates threaten long term productivity, employee engagement, corporate reputation and talent retention.


As stress levels increae high potential employess are itching to leave the workforce. In 2005 just 1 in 7 high potential workers were looking for a new job but by 2011 that number has jumoed to 1 in 4.

What are the statistics regarding workplace incivility and retiremnt plans? How can organizations help reduce anxiety associated with increased job security?

70% of both men and women in the survey confirmed that the recession has significantly increased the stress levels of employees in recent months.


80% of employees reported being nervous about their long term financial well being.


More than 60% were asked to find ways to cut weekly costs


70% reported making significant changes in spending including limiting or elimiating non essential goods


More than 80% said they be unlikely to retire when they wanted to with the amount of money anticipated as recently as a year ago.


Developing a climate of trust and expanding lines of communication, even when the news is not favorable, may help reduce anxiety associated with job security

Describe how men and women view work-home conflict. What did the research conclude regarding employee's percieved importance of work and how much control people have on the job?

Mens thoughts were driven by recession related job insecurity and its subsequent role in encouraging hostile work treatment.


Womens thoughts were triggered by conflicts between work and family obligations.


37% of workers asked were questioning the importance of work


42% of workers said that most of what happens at work is out of one's control regardless of commitment or effort


43% agreed that the recession has increased their motivation to become a better person rather than just a better employee

How has membership of the middle class changed from 1971 to 2011? Has it been harder or easier to do so?
The middle class has shrunk since 1971 making it harder to become apart of the middle class. Median household income has shrunk and people believe it is harder to maintain a middle class lifestyle. Job security is the most important quality of the middle class.
According to the reports we talked about in class, where are the new jobs being created? What has been the "jobs gained/jobs lossed" trend during the recession and recovery?

Of the jobs gained 28,000 or 30% of the 96,00 new jobs created were in food and drinking establishments, which typically pay lower wages and offer fewer hours for people to work.


More than 40% of the new private sector jobs are in low paying categories such as: healthcare, leisure activities, and bars and restaurants.


Note: Most jobs lost were in the mid wage paying jobs and most jobs created were in the low wage category.

In terms of managing recession employment, what approaches should be taken?

1. Be very good at what you do

2. Be good to people

3. Be kind to others

4. Be thoughtful of others

5. Be a person of integrity

6. Have faith

7. Save money

8. Be happy and optimistic

9. Always have a few outs

10. Embrace the stone

What are the obstacles that women face in retirement?

1. The Income Gap- The typical women gets piad 77 cent per every $1 that her male counterpart makes.


2. Unemployment- although men were hit hardest by job losses during the recession, since the recovery in in June 2009 women only regained 26.7%  of the jobs they lost during the recession while men have regained 40.6%.


3. Retirement and Savings Plans- women are less likely to participate in this because they earn less and those who are single mothers can't afford to do so. Of the women who do participate they average 30% less into their 401k contributions.


4. Health Insurance- women live longer so they may occur extensive health costs while living alone. In 2010 1 in 5 women were uninsured for health insurance which turned out to be 19 million women. On average women recieve about $12,000 a year in social security compared to $16,000 that men recieve.

How did hiring manager describe the writing skills, time management abilities, and creativity of younger versus older workers?

They though older employees had better writing skills. 9% of the managers said mature emplyees needed to do so while 46% said Millenials need to work on them.


Younger workers were seen as less skilled at time management. 46% of managers said they needed to work on this while just 10% said older emplyees needed to do so.


Millenials had an advantage as being more creative. 74% of managers said they are more creative where as 17% were for older workers.


Millenials are good at networking and technoology. Only 5% of hiring managers said they needed to work on this skill whereas 72 % thought older employees needed to work on these skills

How do posy 9/11 veterans compare to veterans from earlier eras in terms of PTSD?

Nearly 4 in 10 or 37% post 9/11 vets said they whether or not they were diagnosed they believe that they suffer from PTSD. Among veterans who said before 9/11 only 16% said so.


44% of post 9/11 vets said their readjustment to civilian life was difficult. By contrast, only 25% of veterans who served in earlier eras said the same.


84% of post 9/11 verterans say the public doesn't understand the problems faced by those in the military and their family. The public agrees through by a less lopsided 71%

What health related implications result from chronic stress?

1. Raise in blood pressure

2. weakens the immune system

3. contributes to gastrointestinal diseases

4. greater likelihood of type 2 diabetes

5. clinical depression

6. decreases long term memory

7.bone growth

8. fertility

What can companies do to help reduce the risk of terrorism in the workplace?

1. Leadership- organizations must offer leaders at all levels access to training to improve their leadership

2. Uncertainty- Share useful information to reduce uncertainty

3. Planning- involving employees in emergency planning to create a sense of control which is essential to well being and productivity

4. Communications- employers should use multiple communication channels

5. Support- supportive work enviroment enhances health and well being.

What do employers want to see see out of those who have work gaps on their resume? Why do they want to see these activities?

1. Take a temporary or contract position 79%

2. Take a class 61%

3. Volunteer 60%

4. Start your own buisness 28%

5. Start a professional blog 11%


Why? Because they want to see initiative from job seekers. Econonomy may prevent you from having your dream job, but you can still find a way to stay current with the trends and keep your skills current.

Benefits of job hopping include what? Why do talent managers see job hopping as a bad thing?

Benefits of job hopping- avoid "due paying" and work your way up to a promotion faster. Job hopping also leads to greater job fulfillment and chances of finding a "positive culture" around work and your dream job.


Talent managers see job hopping as as a bad thing because they question applicants skill level, motivation, and engagement and wonder if they will be the next "job hopp victim"

Understand the wage gap for those 24 years and yonger as well as those 60 years and older.

24 years and younger= 2%

60 years and older= 30%

Acccording to the research, what predicted pay differences for men and women executives?

Women earn 17% less than men because of career interuptions and old school discrimination.


Women like a few strong relationships whereas men can network with many and be professional about acquaintances.


Describe the factors that predicted a wage gap as MBA's advanced in their careers.



Tracked career paths of 3000 women over 15 years. The women started of making 88% as much as men, but 10 to 15 years later, they were making only 55 cents for every dollar men were making.


Factors of wage gap= women interrupt their careers more and work fewer hours to be there for their families. Some also work for nonprofit organizations.


The rest of the factors are grades in school and career choices.

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