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Management Chapter 1 Test Bank questions with correct answers
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---19September 20242024/2025A+
- Management Chapter 1 Test Bank 
questions with correct answers 
1. The late famed management theorist Peter Drucker is often credited with creating the modern 
study of management. 
a. True 
b. False - ANSWERS True 
2. Efficiency refers to the degree to which the organization achieves a stated objective. 
a. True 
b. False - ANSWERS False 
3. Technical skills are most important for employees who don't manage others, while conceptual 
skills are more important for managers. 
a. True 
b. False ...
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