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Exam (elaborations)

Test Bank for Management (12th Edition) by John Schermerhorn – Chapters 1–11 | Verified Answers

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This test bank covers all chapters (1–11) from Management, 12th Edition by John Schermerhorn. It includes expert-verified answers and is ideal for exam preparation, practice questions, and understanding key management concepts.

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Management
Course
Management

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Uploaded on
January 18, 2026
Number of pages
331
Written in
2025/2026
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TESTBANKS BY TESTBAKSNERD
Test Bank for Management 12th Edition


by John Schermerhorn


All Chapters (1-11) | Expert Verified Answers | Graded A+

, TESTBANKS BY TESTBAKSNERD
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.

, TESTBANKS BY TESTBAKSNERD
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

, TESTBANKS BY TESTBAKSNERD

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

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