25 Questions
Which level of needs is associated with personal growth and fulfilling one's potential?
Self-Actualization need
What is the term for remembering recent information better than earlier information?
The recency effect
Which level of needs is related to feelings of love and belonging?
Social needs/ Love needs
What is the term for the need for financial security and stability?
Safety & Security needs
Which level of needs is not a part of Maslow's Hierarchy of Needs?
Wealthy needs
What is the main idea behind the improvement orientation?
Everyone should work on continuously improving work processes
What aspect of an organization's environment does the improvement orientation primarily focus on?
Internal environment
Which component of an organization's external environment is concerned with innovations?
Technological component
What is the purpose of focusing on continuous improvement?
To maintain competitiveness
What is the ultimate goal of the improvement orientation?
To continuously improve work processes
What is the direction of the world economy?
More interdependent system
What is the ultimate goal of the world economy?
To establish a one world economy
What is happening to the world economy?
It is becoming more interdependent
What is the trend in the world economy?
A shift towards globalization
What is the world economy moving towards?
A more unified system
What is the primary goal of the new institutions shaping global trade and politics?
To challenge Western dominance
What is one of the challenges faced by the new institutions?
Internal differences
What is the primary focus of the new institutions in terms of economic development?
Growth
What is the impact of the new institutions on Western dominance?
It is challenged
What is one of the consequences of the new institutions' focus on growth over sustainability?
Environmental degradation
What is reward power based on?
The ability to provide positive reinforcement or rewards for desired behavior
What type of behavior is rewarded through reward power?
Desired behavior
What is the primary goal of using reward power?
To encourage desired behavior
What is NOT a characteristic of reward power?
Punishing undesirable behavior
What type of influence does reward power have on others' behavior?
Positive
Study Notes
Global Economy
- The world economy is shifting towards a more interdependent system, leading to a unified global economy and banking system.
Maslow's Hierarchy of Needs
- The hierarchy includes five levels of needs:
- Social needs/Love needs
- Wealthy needs
- Self-Actualization need
- Safety & Security needs
Memory and Learning
- The tendency to remember recent information better than earlier information is known as the recency effect.
Global Trade and Politics
- New institutions are shaping global trade and politics, challenging Western dominance.
- Challenges faced by these institutions include:
- Internal differences
- Slow progress
- Focus on growth over sustainability
Improvement Orientation
- Organizational improvement involves continuously working on refining work processes.
Organizational Environment
- The technological component of an organization's external environment is concerned with scientific and industrial innovations.
Power and Influence
- Reward Power is based on the ability to provide positive reinforcement or rewards for desired behavior.
This quiz explores the shift of the world economy towards interdependence and the movement towards a unified global economy and banking system.
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