THE UNIVERSITY OF DA NANG

THE UNIVERSITY OF ECONOMICS

ORGANIZATION
BEHAVIOR
GROUP EXCERCISE

Class: 46k23.2

Member of Group
- Le Xuan Ban
- Hoang Tan Dung
- Nguyen Minh Duy
- Ngo Le Hoang Phuc
- Pham Ba Hao
- Do Phu Tien
- Mai Thanh Tien
- Nguyen Thanh Long

Da Nang, 10/2021
Exercise 1
The benefits package the group has arrived at for Ethel
· Supplementary health care for the employee
Plan B ($200 deductible and pays 80 percent) = $2000
· Supplementary dental plan= $500
· Life insurance
Plan A ($25,000 coverage) = $500
· Mental health plan = $500
· Company - provided transportation to and from work =$750
The total is $4250 which is equivalent to 22,4%

1. Supplementary health care for the employee

- Reasons: Supplemental insurance benefits, unless otherwise specified, are
paid directly to the policyholder for unforeseen costs connected with
significant illness, accident, or loss that can occur even when major medical
insurance is in place. Accident, disability, cancer, hospital, and many other
types of supplemental insurance coverage are available. Ethel chose plan B.
The service quality of the three options is nearly the same, but plan B has a
cost that Ethel can afford.
- Benefits:
+ To participate in and get benefits according to the Law on Social Insurance.
+ To enjoy health insurance in the following cases: on pension, on leave for
maternity allowance, adoption, labor accident, occupational disease, or sickness
allowance.
+ Actively go to the medical examination for assessment of working capacity
decrease and be paid medical assessment expenses if eligible for social insurance
benefits.
+ Participants are entitled to make complaints, denunciations, and initiate lawsuits
against social insurance by the law.
2. Supplementary dental plan
- Reasons: The vast majority of adults in the US say they understand
dentistry, but that's not enough. The dental insurance they are entitled to be
from an employer-provided employment benefit. This coverage only
provides people with routine care services without coverage for intensive
care services. Supplemental dental insurance that provided coverage for
intensive care for things like canals, crowns,... . can fill in the gaps left by
other insurance plans.The older you get, the more signs of aging increase and
the more dental problems appear such as toothache, tooth loss, sensitive
teeth,...
- Benefits: Scientist account spending will have no annual limit and no
deduction segments. Supplemental dental insurance can help pay for the cost
of fixing, restoring, or modifying teeth… Plus, with our network of
providers, it's easy to find a dentist you're comfortable with.
3. Life insurance
 - Reasons: Universal life (UL) insurance is a type of permanent life insurance
that includes an investment savings component as well as low premiums
similar to term life insurance. The flexibility of UL insurance is greater than
that of whole life insurance. Premiums and death benefits can be adjusted by
policyholders. UL insurance policies, unlike whole life insurance policies,
can have variable premiums over the policy's term. Policyholders have the
option of making payments over the COI. The excess premium is added to
the cash value and grows in value over time. Policyholders can miss
payments if there is enough financial value to avoid a policy lapse.
- Benefits: Beyond lifelong protection, there are a few additional features of
universal life insurance.
+You can withdraw money or borrow against the policy's cash value.
+Your cash value earns interest.
+You have flexibility with premiums.
+You can adjust the death benefit
4. Mental health care plan
- Reasons: When they're old, they tend to be less communicative, less talk to
people around and their relatives. In their heads often have negative thoughts
about the disease, about death, about children's s alienation and family, about
the economy, about the day-to-day problems of life, which have been
healthy, often tired of eating. So for an elderly man like ethel's health, his
mental health is one of the most health care that can not be ignored.
- Benefits:
+ Prevent aging leading to memory loss
+ Reduce the risk of having a stroke
+ Early detection of neurologic diseases and timely control
+ This insurance helps older people get better sleep.
5. Company provided transportation to and from work
- Reasons: Because Ethel is older, this package is more convenient for her.
Because the car only travels in two directions from work to home, she has
complete control over her journey and is not much concerned about having
an accident.
- Benefits: + Having a shuttle will assist lessen the problem when she moves
to work by herself since the concern of her whole family
+ Assist Ethel with increasing her savings.
Exercise 2
1. Career development opportunities
- Nobody goes to work and wants to stand in the same place, the salary and the
job doesn’t change year by year. So, we can't improve skills, increase income
or get something brand new in the job. Therefore, the element everyone puts
at the top of demand is career development opportunities.
2. Career advancement opportunities.
- When we go to work, the promotion of work is what everyone cares about.
promotion means promotion. After a period of dedication to the job,
promotion is a precious gift everyone wants to receive. When we get
promoted, we' ll have a certain position, power, wages will be paid higher,
working with great colleagues. it' s motivating each individual to blow up his
work. so the chances of promotion are the second important factor.
3. Compensation/pay
- Many people go to work for many different purposes, but salary is one of the
factors for them to decide whether or not to work or where to work. Because
the salary not only affects the quality of life but also is a measurement of
one's ability.
4. Job security
- Right to be guaranteed the life and body of employees. When there are safety
measures, it will help employees feel secure, focus, and improve work
efficiency. Guaranteed by a labor contract on payment, salary, labor benefits
(labor insurance, trade, ...) for employees
5. Meaningfulness of job
- Every job has intrinsic meaning. It' s not only giving you income but also
affects others or the world we live in. So let' s work and endeavor to create
physical and spiritual values for the community that you live in, there' s no
work that is small, useless.
6. Autonomy and independence.

- In the working environment if individuals have certain independence and

autonomy in their work, they will feel responsible and therefore want to
perform their best they feel appreciated. They feel motivated to learn new
skills. higher productivity. So the better sense of team and culture is better,
improving the balance between work and life

7. Feeling safe in the work environment.

- If the Psychological safety is not confirmed. The worker will work under fear
about some accident effect on your body, injuring them. Temporarily, it
takes 1-2 months to heal but is more dangerous than lifelong disability
8. Benefits
- Benefits at work are also a very key factor. In addition to earning extra
income, it also brings different experiences among different jobs, expands
more relationships, and knows how to manage your own time.
9. Opportunities to use skills/abilities.
 - Choosing jobs with skills that you have accumulated during your studies and
training will help increase the effectiveness of your work.
10. Relationship with co-workers.
- In the company, colleagues are the only people we can communicate with,
learn from each other through work, and exchange experiences when
completing work. Like our friends, if you don't communicate with them and
have no contact with them, how can we have good friends to help us out in
difficult times. This is for everyday life, but also for work.
11. Relationship with immediate supervisor
- Supervisors are people who monitor how you work, correct things that you
do in a wrong way to the company's guidelines, and have the responsibility
for the wrong things you have done to the company. They are the "cannon
fodder" for them to practice shooting in the process of perfecting their work

12. Flexibility to balance life and work issues.

- When personnel experience a more feel of manipulation and possession over
their personal lives, they have a tendency to have higher relationships with
control and are capable of going away from painting problems at paintings
and domestic problems at home. Balanced personnel have a tendency to
experience greater prompts and much less pressure out at paintings, which
thereby will increase enterprise productivity and decrease the variety of
conflicts amongst coworkers and control.
13. Overall corporate culture
- Corporate culture is the values, beliefs, and forms that everyone in an
enterprise recognizes and thinks, says, acts like a habit, like a person's
spiritual life and personality, and is a decisive part to the long-term success
or failure of the business. The more stable and sustainable the cultural
environment of the enterprise, the more excited the employee's spirit, attitude
and motivation will be. The cooperation, friendliness and trust among
members of the organization are closer
14. Communication between employees and management
- Communication skills help remove barriers between employees and
managers, create better relationships, and bring efficiency to businesses and
organizations. Good communication also helps employees have more
opportunities to advance at work.

15. Organization's commitment to professional development

- Organizational commitment refers to the attachment between an employee
and an organization from the employee's psychological perspective. In short,
it is the employee's experience of sticking with the organization. If the
organization is committed to such employee development, it will make
employees more motivated to contribute to their company

16. Management's recognition of employee performance

- Leadership recognition for employee performance:
Recognition of employee effort is simply the appreciation of an individual
employee's performance and dedication, recognition that manifests itself in various
forms that can be a compliment or a raise. Through that, it will help employees feel
respected for their contributions and motivate them to want to contribute more to
the company.
17. Contribution of work to organization’s business goals.
- Contribution of work to the organization's business goals:
Normally when working, employees will not think much of their contribution to the
business goals of the organization, but for skilled and highly qualified workers,
contributing to the business goals of the business is so important. Contributing their
work helps employees feel valuable to the company so that they want to put their
best efforts to contribute more to the company.
18. Job-specific training
- Employees will receive in-depth training on a particular job. Improve
professional skills, improve job knowledge, increase work efficiency.
Employees who are fully qualified in terms of skills and knowledge will be
promoted at work and increase their benefits.
19. The work itself
- The work itself help work teams align their individual and team activities
with the mission, vision, value and strategy of the company. It encourages
individual employees in the development group to develop and complete
working groups as well as strategic planning. The work itself encourages
every employee to implement the organization' s strategy by removing fake
jobs and focusing on real work.
20. The variety of work
- Workers have more skills, knowledge and increased creativity in their work.
Improve your productivity, make better decisions, earn respect and stay
longer in the company.
21. Networking

- Your professional network is your greatest asset. This is to expand yourself.

When we communicate and get to know so many people, it helps us to
develop ourselves more and build relationships, thereby increasing our
chances of career advancement.
Exercise 3
1. Fortune magazine ranked the following 10 corporations among the 500
largest U.S.– based firms according to sales volume for 2008:
Group A: Apple Computer, Hershey Foods, Kellogg,
McDonald’s, U.S. Airways
Group B: Altria Group, AmerisourceBergen, Cardinal
Health, McKesson, Valero Energy
Which group would you say had the larger total
sales volume—A or B? By what percentage—10 percent, 50 percent, 100 percent?
Answer: B
Reason: Group B has higher total revenue than Group A because the total revenue
of Group B is 385.3 million USD while the figures for group A is only 265.1
million USD. Group B has surpassed sales by 100 percent,and gets 1.5 times more
than group A, although it is not well - known as group A.

2. The best student in your introductory MBA class this past semester
writes poetry and is rather shy and small in stature. What was the
student’s undergraduate major -Chinese studies or psychology?
Answer: In this situation, I believe the student was a psychology major; more
significantly, given the little information supplied above, choosing psychology as
the student's major reflects a more reasonable answer. Furthermore, it symbolizes
more of the psychology major while studying poetry.

3. Which of the following causes more deaths in the United States each
year?
A. Stomach cancer
B. Motor vehicle accidents
Answer: B
Reasons: The more modern society is, the more advanced the technology and
machinery, including medical machinery. So diseases like stomach cancer can be
detected early and cured with high survival rates. But when it comes to traffic
accidents, the injury rate is high, the chance of survival is very low. Although injury
reduction-supported technologies are installed on many vehicles, it is not really
effective. These represent bounded rationality because of the limited availability of
information and its reliability.
4. Which would you choose?
a. A sure gain of $240
b. A 25 percent chance of winning $1,000 and a 75 percent chance of winning
nothing
Answer: A
Reasons: Because people like certainty, in a famous experiment, Kahneman and
Tversky for objects choose one of two envelopes. The first envelope is $200, and
the second envelope requires the subject to toss a coin, heads come up, you get
$400, the other side comes up you get nothing.
The results show that the majority of study participants choose the first envelope
(although two options have the same expected value)!
This result shows that people like certainty. This trend led Kahneman and Tversky
to develop perspective theory and was a Nobel Prize-winning work in the 2002
year.
5. Which would you choose?
1. A sure loss of $750
2. A 75 percent chance of losing $1000 and a 25 percent chance of losing
nothing
Answer: B
Reasons: The answers A and B are both loss but for answer A it is the loss of
money with a rate of 100%, there is no chance of owning any money. As for answer
B, it is also a loss, but there is still a 25% chance that nothing will be lost. So
according to psychology, when people are facing the risk of loss, they will tend to
look for opportunities to lose nothing.

6. Which would you choose?

1. A sure loss of $3,000
2. An 80 percent chance of losing $4,000 and a 20 percent chance of losing
nothing
Answer: A
Reasons: When we look at it, we can see that the number 4000 is too big, the
possibility of losing 4000 is up to 80%, and we have no way of knowing if we are in
the 20% that will lose nothing or 80%. will lose everything. Instead of making a
risky decision with little chance of success, we should choose the one that loses
3000, because $3000 is still less than $4000, losing $3000 is a better option.