Test Bank For Management, 14th Edition by US Edition John R. Schermerhorn Jr., Daniel G. Bachrach

Test Bank For Management, 14th Edition by US Edition John R. Schermerhorn Jr., Daniel G. Bachrach-Intellectual capital is a personal asset for individuals. Answer: True Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 2. Commitment represents one‘s talents or job-relevant capabilities. Answer: False Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 3. A knowledge worker is a person whose physical capabilities are the most critical assets. Answer: False Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 4. Tech IQ is the ability to use technology and commitment to stay informed about the latest technological developments. Answer: True Learning Objective: 1.1 Difficulty: Easy AACSB: Information technology Bloom‘s Taxonomy: Knowledge 5. National boundaries hardly count anymore in the world of business. 1-2 Answer: True Learning Objective: 1.1 Difficulty: Easy AACSB: Diverse and multicultural work environments Bloom‘s Taxonomy: Knowledge 6. Members of minority groups constitute less than one-third of the U.S. population. Answer: False Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 7. The first leaf in the shamrock organization consists of a core group of ―freelancers‖ and ―independent contractors.‖ Answer: False Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 8. In a free-agent economy, people do not change jobs very often. Answer: False Learning Objective: 1.1 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 9. All organizations are open systems that interact with their environments. Answer: True Learning Objective: 1.2 Difficulty: Easy AACSB: Written and oral communication Bloom‘s Taxonomy: Knowledge 10. Performance effectiveness is defined as the quantity and quality of outputs relative to the cost of inputs. 1-3 Answer: False Learning Objective: 1.2 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 11. Any inefficiency in an organization reduces the cost of production. Answer: False Learning Objective: 1.2 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge 12. Performance efficiency is an output measure of resource cost associated with goal accomplishment. Answer: False Learning Objective: 1.2 Difficulty: Easy AACSB: Analytical thinking Bloom‘s Taxonomy: Knowledge