Preview

The Importance of Psychology in Business

Satisfactory Essays
Open Document
Open Document
299 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Importance of Psychology in Business
Importance of psychology in bussiness.....
I think psychology plays an important role in business there are many ways to utilize psychology in your business...if you have any concept about psychology of human being its easy for you to undersand the nature of your investor either he is optimistic or passimistic so at this level you can make him feeling more comfortable while investing in your business.When we are on any job interview its too much helpfull to us knowing psychology.We may observe their expressions either what quality of mine in being appriciated or not.On the other hand for a professional its necessary to know about the basics of psychology to devolp his/her own atitude towards his/her profession.For example if we are being prepared for a sales department our atitude should be different than in production deprtment.In HR(human recourse) department tha in mechanical department.so it is not possible for us to devolp ourselves as a professional in different of a business firm.We can also motivate our employes to give their best.Psychology helps us in each and every feild of life while behaving with human being. Major implimentations of human psychology are given as under...

· Importance of human psychology as employer .
We have to deal with human beings as professionals in different segments of our business tirms. · Importance of human psychology as employee.
Our employers,olleagues,Subordinates and imideate bosses they are also human being we also also have to copup with them in our daily business. · Importance of human psychology in daily working.
In our daily working we have to copup with different people like customers,dealers contractors,imediate bosses e.t.c and we have to bring them on one point to show their best here human psychology helps us alot Thanks.... Syed Mazhar BBA Sectin-A

You May Also Find These Documents Helpful

  • Satisfactory Essays

    M3d1 Final Report

    • 243 Words
    • 1 Page

    I feel Psychology of Personality would help me in the workforce interacting with diverse personalities in society. I believe it would be give me a depth understanding of how different personality traits develop from different cultures and the root of their behavior. I believe learning to measure personality can contribute to understanding diversity affects…

    • 243 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The overall goal of psychology is to systematically explore human judgement, behavior, well-being and it can teach us important facts about how humans differ from the way traditionally described by economics.…

    • 557 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Phase 4 Individual Project

    • 4801 Words
    • 20 Pages

    Psychology helps people understand each other personalities. It lets their mindset get evaluated. To understand how a person thinks or handle situations are very important to understand. For example, when a girl is a lesbian it is for a reason. It could be because she saw her mother in an abusive relationship with a man do not want to go down the same road or because she is following in her mother footsteps as a lesbian. After being evaluated psychology would state the reason for her homosexuality. When a person does something taboo or inflict bodily harm to themselves people looks at them crazy. Something motivates them to perform them to perform those actions mentally. Psychology answers those questions. The MBTI is a prime example. It informs human beings about their personality, preferences, values, and blind spots. It also shows strengths, weaknesses and leadership capabilities. I never thought a test like that existed.…

    • 4801 Words
    • 20 Pages
    Powerful Essays
  • Better Essays

    Industrial Organization is the application or extension of psychological facts and principles to problems concerning human beings operating within the context of business and industry. One of the most important tasks Industrial Organization psychologists perform is developing assessment methods for selection, placement, and promotion of employees. In order to do this, these psychologists study jobs and determine to what degree tests can predict performance in these specific jobs. My group decided to look more into the topic of selection and placement and narrow that down to unfairness in selection and placement. Muchinsky asks, “What does it mean to be ‘fair’?” and continues by saying, “Most certainly there are many ways to consider fairness” (Muchinsky 324). Yet in this specific situation we demonstrate in our screenplay, it was obvious that the exact opposite of fairness was depicted.…

    • 1573 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The area of Industrial and organizational psychology was created in the eighteen-hundreds out of experimental psychology (Spector, 2012). The creators of Industrial and organizational psychology were Walter-Dill Scott, Hugo Munsterberg, and also James Mckeen Cattel. These three creators of Industrial and Organizational psychology brought both the findings as well as the application of mental ethics into the area of businesses. When industrial and organizational psychology first started the aim was to enhance businesses organizational efficiency and productivity, mostly by employing psychology with an importance on specific dissimilarities, throughout ones selection and also their training. Throughout the earlier years of this type of psychology its main emphasis was on the industrial side (Spector, 2012). Within this time frame there was a joining in the area of industrial psychology linking both the field of engineering and the principles of psychology. Most of the people that helped with this area had some sort of background in the industry, some of these individuals also had a history in the law as well (Spector, 2012).…

    • 663 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Leadership vs. Management

    • 887 Words
    • 4 Pages

    Muchinsky PM (2007) Psychology Applied to Work: An Introduction to Industrial and Organisational Psychology. 8th edn. Thompson/Wadsworth, Australia…

    • 887 Words
    • 4 Pages
    Good Essays
  • Good Essays

    nature of what psychology has become. In the field of business in which I am pursuing these…

    • 1028 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Psychology encompasses a vast range of different thoughts, theories, and biological foundations on behavior of why people act the way they do. Once a part of philosophy, psychology has developed into several schools of thought that describe the theories some of these individuals use to approach what they are observing from different people and their actions. Some of these theories do have conflictions from others, but all have a good amount of validity to their theories. Many things contribute to the biological well being of a person and those things can determine what kind of behavior the person will display.…

    • 848 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Psychology, as the scientific study of the human mind and its effect on human behavior, is a compound and intricate subject. It is equally as complex as the factors involved in determining human behavior itself.…

    • 1216 Words
    • 4 Pages
    Better Essays
  • Better Essays

    Psychology seeks to understand and explain thought, emotion and behaviour through scientific investigation. It studies both humans and animals. It relates to who we are as human beings, our capacity to think, reason and understand how life really works, it even throws light on the stresses we face. As infants we are unable to survive without others, we learn to adapt socially from the moment we are born. As a result of this social interaction we develop a sense of self. We learn to communicate, verbally and non verbally, and develop shared beliefs to create a sense of society and we rely on mutual understanding to co exist.…

    • 2333 Words
    • 10 Pages
    Better Essays
  • Satisfactory Essays

    Psychology has a wide variety of aspects; from the social side of understanding why people behave in a specific way to the biological side of understanding the neurology of behavior and what goes wrong in the biology of the brain in people with mental health disorders. Really, it is human biology and understanding the mechanics of human (and sometimes animal) behavior.…

    • 314 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In order to be successful in their jobs, Psychologists must have a keen understanding of human nature. During school, they are taught many different theories of human behavior as well as various therapeutic techniques. Psychologists can informally apply their training to events that occur in everyday life to create more harmonious relationships with others.…

    • 737 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Psychology is the study of the human mind and any of its functions. It also includes the behavior resulting from any changes in our environment. Psychology is very important to mankind in that it is important in understanding the world we live in. Psychology helps us and allows us to better understand the emotional and behavioral effects of our surroundings. According to Taylor (1988), many prominent researchers believe a healthy mental outlook on the world and what we perceive it to be is very important. Psychology is a mandatory course for so many programs of study because it is so widely used in occupations across the world. Using any number of research methods, a psychologist can apply research to the field of Public Relations in order to predict how a demographic will respond to certain things that occur. Not only is psychology widely used in many professions, but basic elements of psychology affect us as individuals each day.…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Human skills are very important to make people work as a team ,be motivated and achieve goals.…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Psychology is important in many different ways, one example of why it is so important is, the research that has been done on many life threatening diseases. By using psychology, psychologist have studied diseases such as, Parkinson's disease, Alzheimer's disease, and many other neurological diseases. Today, we know a whole lot more about theses diseases than we did in the past, scientist have even been able to produce medicines that may help victims of theses diseases. Psychology is also very important in the education system. By using intelligence test schools, students can be evaluated and given the correct amount of help that they need in school. For example, IQ test are given to place children in "gifted programs," by using these test these students are ensured that they will receive the best quality of learning at a pace that is just right for them. On the other hand, these test also let teachers and faculty know which students may need extra help in certain areas in school.…

    • 463 Words
    • 2 Pages
    Good Essays