Of what value is Psychology to the businessman?

Question

This is about on business Psychology.

Answer 1

It's a valuable tool to assess others -- all others.

If you can ascertain what motivates an employee, you'll know what rewards to offer to achieve above-average results. On the flip side of that coin, if you can analyze their fears, you'll be able to effectively threaten them.

If you want to play the business game, at least minor in psych. Make sure you take Theories of Personality and Abnormal Psych. Actually, there's quite a few classes, like Stats, that you can use for both degrees.

Answer 2

Define businessman?

As an employer, psychology can be used to measure prospective employees knowledge or abilities (Industrial and Organisation Psychology).

It can help with marketing strategies by dealing with how consumers (people) perceive things or to get them into a store so they buy their product.

Answer 3

Psychology helps one understand the behavior of others as individuals, and how people are affected, and react in their social environment, or setting. Google Industrial Psychology, as it has its place in the business world.

Answer 4

The ability to manipulate

Answer 5

its everything to a businessman
its the ability to not only understand
but to influence
and to analyze
the actions of others