Test Bank for Management 12th Edition
by John Schermerhorn
All Chapters (1-11) | Expert Verified Answers | Graded A+
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Chapter 1: Introducing Management
True or False Questions
1. Intellectual capital is a personal asset for individuals.
Answer: True
Page: 5
Learning Objective: 1.1 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
2. Commitment represents your talents or job-relevant capabilities.
Answer: False
Page: 5
Learning Objective: 1.1 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
3. A knowledge worker is a person whose physical capabilities are the most critical assets.
Answer: False Page: 5
Learning Objective: 1.1 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
4. Tech IQ is the ability to use technology and commitment to stay informed on the latest technological
developments.
Answer: True Page: 6
Learning Objective: 1.1 Difficulty: Easy
AACSB: Use of information technology Bloom’s Taxonomy: Knowledge
5. National boundaries hardly count anymore in the world of business.
Answer: True
Page: 6
Learning Objective: 1.1 Difficulty: Moderate
AACSB: Dynamics of the global economy Bloom’s Taxonomy: Knowledge
6. Minorities constitute less than one-third of the U.S. population.
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Answer: False
Page: 9
Learning Objective: 1.1 Difficulty: Easy
AACSB: Multicultural and diversity understanding Bloom’s Taxonomy: Knowledge
7. The first leaf in the shamrock organization consists of a core group of “freelancers” and “independent
contractors.”
Answer: False Page: 10
Learning Objective: 1.1 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
8. In a free-agent economy, people do not change jobs very often.
Answer: False
Page: 10
Learning Objective: 1.1 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
9. All organizations are open systems that interact with their environments.
Answer: True
Page: 11
Learning Objective: 1.2 Difficulty: Easy
AACSB: Communication abilities Bloom’s Taxonomy: Knowledge
10. Performance effectiveness is defined as the quantity and quality of outputs relative to the cost of inputs.
Answer: False Page: 12
Learning Objective: 1.2 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
11. If a company fails to achieve its desired goals but manages to preserve its resources, we can say that its
productivity is effective but not efficient.
Answer: False Page: 12
Learning Objective: 1.2 Difficulty: Moderate AACSB: Analytic skills
Bloom’s Taxonomy: Comprehension
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12. Performance efficiency is an output measure of resource cost associated with goal accomplishment.
Answer: False Page: 13
Learning Objective: 1.2 Difficulty: Moderate AACSB: Analytic skills
Bloom’s Taxonomy: Comprehension
13. In the context of present day organizational trends, organizations and their members are networked for intense,
real-time communication and coordination.
Answer: True Page: 13
Learning Objective: 1.2 Difficulty: Moderate
AACSB: Communication abilities Bloom’s Taxonomy: Knowledge
14. A manager is a person who supports, activates, and is responsible for the work of others.
Answer: True Page: 14
Learning Objective: 1.3 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
15. Middle managers are in charge of overseeing the overall operations of the organization.
Answer: False Page: 14
Learning Objective: 1.3 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
16. The top managers of an organization constitute an executive team that is not accountable to any higher
authority in the organization.
Answer: False Page: 14
Learning Objective: 1.3 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge
17. Top managers are supposed to set strategy and lead the organization consistent with its purpose and mission.
Answer: True Page: 14
Learning Objective: 1.3 Difficulty: Easy AACSB: Analytic skills
Bloom’s Taxonomy: Knowledge