Describe the Hawthorne effect. Explain the flaws in the studies, but also explain the studies' lasting contribution to management.
What will be an ideal response?
The Hawthorne effect proposed that employees worked harder if they received added attention, if they thought that managers cared about their welfare and that supervisors paid special attention to them. However, later investigators found flaws in the studies, such as variations in ventilation and lighting or inadequate follow through, that were overlooked by the original researchers. Critics also point out that it's doubtful that workers improved their productivity merely on the basis of receiving more attention rather than because of a particular instructional method or social innovation. Nonetheless, the Hawthorne studies succeeded in drawing attention to the importance of "social man" (social beings) and how managers using good human relations can improve worker productivity.
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If you must give an employee a negative performance review,
A) do so by email. B) support your claims with careful documentation. C) limit your discussion to the areas where the employee needs improvement. D) minimize anything positive that the employee has done. E) assume that you'll be firing the employee before too long.
Changes in foreign exchange rates can affect a firm in all of the following ways except:
a. The prices a firm pays to acquire raw materials from suppliers abroad. b. The amount of cash a firm receives when it collects an account receivable, a loan receivable, or another receivable denominated in a currency other than its own. c. The value of domestic liabilities with fixed interest rates. d. The prices a firm charges for products sold to customers abroad.
What is it called when we perform tasks for our own innate satisfaction?
A. determined B. intrinsic motivation C. competence D. meaningfulness
The following information is available from the current period financial statements: Net income $165,000 Depreciation expense 28,000 Increase in accounts receivable 16,000 Decrease in accounts payable 21,000 The net cash flow from operating activities using the indirect method is
A) $230,000 B) $188,000 C) $198,000 D) $156,000