Management,
by John R. Schermerhorn Jr. 5th Canadian Edition)
5th Edition
, Test Bank For
Management, 5th Canadian Edition John R. Schermerhorn Jr., Daniel G. Bachrach,
Barry Wright
Chapter 1-18 With Appendix
Chapter 1
Management Today
Question Type: True/False
1) Intellectual Capital Is A Personal Asset For Individuals.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
2) Intellectual Capital Is Defined As The Collective And Shared Knowledge
Of An Organization‘S Workforce.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Application
Difficulty: Medium
Aacsb: Analytic
3) Intellectual Capital = Competency X Commitment.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
Test Bank Chapter 1 – Management Today 1-1
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,4) Commitment Represents One‘S Talents Or Job-Relevant Capabilities.
Answer: False
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
5) A Knowledge Worker Is A Person Whose Physical Capabilities Are Critical Assets.
Answer: False
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
6) Creativity And Insight Are Critical Assets To A Knowledge Worker.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
7) Tech Iq Is The Ability To Use Technology And The Commitment To Stay Informed
About The Latest Technological Developments.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
8) Improvements In Technology, The Deregulation Of Markets, And The Opening Of
, National Borders Have Had Little Impact On Businesses In The United States And
Europe. Answer: False
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom Code: Knowledge
Difficulty: Medium
Aacsb: Analytic
9) National Boundaries Are No Longer Thought Of As A Constraint In The World Of
Business.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic
10) Job Migration Refers To The Shift Of Manufacturing And Jobs From Overseas
To Back Home.
Answer: False
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Medium
Aacsb: Analytic
11) Globalization Refers To The Worldwide Interdependence Of Resource Flows,
Product Markets, And Business Competition That Characterizes The New Economy.
Answer: True
Learning Objective 1: Summarize The Challenges Of Developing And Maintaining Career
Readiness In The New Economy
Section Reference: 1.1 Working Today
Bloom‘S: Knowledge
Difficulty: Easy
Aacsb: Analytic