Ch01: 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.
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
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
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.
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
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
