TEST BANK for Management, 5th Canadian Edition by John R. Schermerhorn Jr., Daniel G. Bachrach & Barry Wright – 2025/2026 Edition: Comprehensive Practice Questions and Answers for Chapters 1–18 with Appendix, End-of-Chapter Solutions, and Management Exam

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, 12) The reach of the global economy means that countries and people are increasingly
connected through media, information technology, travel, and lifestyles.

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: Medium
AACSB: Analytic

13) If an act is legal then it follows that the act is also an ethical one.

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: Comprehension
Difficulty: Medium
AACSB: Analytic



14) Ethics refers to a code of moral principles that sets standards of what is ―good‖ or
―right‖ as opposed to what is ―bad‖ or ―wrong.‖

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


15) Integrity and ethical leadership must be practised at all organizational levels.

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: Medium
AACSB: Analytic