Test Bank for
Management, 14th Edition, US Edition John R.
Schermerhorn Jr., Daniel G. Bachrach Chapter 1-
18 Answers are at the End of Each Chapter
Ch01: Introducing Management
True/False
1. 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
Copyright ©2021 John Wiley & Sons, Inc. 1-1
, 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
Copyright ©2021 John Wiley & Sons, Inc. 1-2
,5. National boundaries hardly count anymore in the
world of business.
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
Copyright ©2021 John Wiley & Sons, Inc. 1-3
, 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.
Copyright ©2021 John Wiley & Sons, Inc. 1-4