TEST BANK FOR Management 14th Edition by Ricky Griffin ISBN:978-8214042535 COMPLETE GUIDE ALL CHAPTERS COVERED 100% VERIFIED A+ GRADE ASSURED!!!!!NEW LATEST UPDATE!!!!!

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Management by Ricky W. Griffin 14th Edition Copyrigh
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Chapter 1-20 mf




Chapter 01 - Managing and the Manager’s Job
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1. Which of the following is an example of a physical resource needed to operate the company that produces Kenny'
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s
Cajun Popcorn, a "low-calorie snack with a high-voltage flavor"?
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a. an industrial-size popcorn popper
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b. accountants and financial information
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c. the help of family members who serve as taste-testers
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d. a marketing campaign
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ANSWER: a
RATIONALE: All organizations use four basic kinds of resources from their environment: mf mf mf mf mf mf mf mf mf mf



human, financial, physical, and information. Physical resources include raw mf mf mf mf mf mf mf mf



materials, office and production facilities, and equipment. mf mf mf mf mf mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: Multiple Choice
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HAS VARIABLES:
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LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
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importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




KEYWORDS: Bloom's: Understand mf




DATE CREATED: mf 3/21/2025 12:32 AM mf mf




DATE MODIFIED:mf 3/21/2025 1:31 AM mf mf




2. In the Women's National Basketball Association, the coaches, managers, and players are considered which type of
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resource?
a. physical
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b. financial
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c. humanmf




d. information
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ANSWER: c
RATIONALE: All organizations use four basic kinds of resources from their environment: mf mf mf mf mf mf mf mf mf mf



human, financial, physical, and information. Human resources include mf mf mf mf mf mf mf



managerial talent and labor. mf mf mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: Multiple Choice
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HAS VARIABLES:
mf False
LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
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importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




Copyright Cengage Learning. Powered by Cognero.
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KEYWORDS: Bloom's: Remember mf




DATE CREATED:
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DATE MODIFIED:
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3. Which of the following is an example of information resources used by Michigan State University?
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a. Faculty and administrative staff
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b. Alumni contributions and government grants
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c. Research reports and government publications
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d. Computers and campus facilities
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ANSWER: c
RATIONALE: Research reports and government publications because information resources mf mf mf mf mf mf mf



are defined as data, reports, or publications that organizations use to support mf mf mf mf mf mf mf mf mf mf mf



decision-making and operations. mf mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: mfMultiple Choice mf




HAS VARIABLES:
mf False
LEARNING OBJECTIVES: mf LO1.1 - Describe the concepts of managers and management and their mf mf mf mf mf mf mf mf mf mf



importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




KEYWORDS: Bloom's: Remember mf




DATE CREATED:
mf 3/21/2025 12:32 AM mf mf




DATE MODIFIED:
mf 3/21/2025 1:31 AM mf mf




4. Which of the following is an example of financial resources for Shell?
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a. Drilling platform workers and corporate executives
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b. Refineries and office buildings
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c. Sales forecasts and trends in alternative energy sources
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d. Profit and stockholder investments
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ANSWER: d
RATIONALE: Profits and stockholder investments because financial resources refer to the mf mf mf mf mf mf mf mf mf



monetary assets an organization relies on to fund its operations and growth. mf mf mf mf mf mf mf mf mf mf mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: mf Multiple Choice mf




HAS VARIABLES:
mf False
LEARNING OBJECTIVES: mf LO1.1 - Describe the concepts of managers and management and their mf mf mf mf mf mf mf mf mf mf



importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




KEYWORDS: Bloom's: Remember mf




DATE CREATED:
mf 3/21/2025 12:32 AM mf mf




DATE MODIFIED:
mf 3/21/2025 1:31 AM mf mf




5. Which of the following is an example of human resources for the city of Chicago?
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a. Tax revenue and government grants
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b. Sanitation equipment and municipal buildings
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c. Police officers and municipal employees
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d. Economic forecasts and crime statistics
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ANSWER: c
RATIONALE: Police officers and municipal employees because human resources refer to mf mf mf mf mf mf mf mf mf



the people within an organization who contribute their skills, expertise, and mf mf mf mf mf mf mf mf mf mf



labor to its operations. mf mf mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: Multiple Choice
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HAS VARIABLES:
mf False
LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
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importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




KEYWORDS: Bloom's: Remember mf




DATE CREATED:
mf 3/21/2025 12:32 AM mf mf




DATE MODIFIED:
mf 3/21/2025 1:31 AM mf mf




6. The fact that managers use four classes of inputs to perform organizational processes suggests that management is best
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understood from which perspective?
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a. resource-based
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b. an ineffective process
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c. an inefficient process
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d. a conversion process
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ANSWER: a
RATIONALE: Although defining the term organization is relatively simple, the concept of mf mf mf mf mf mf mf mf mf mf



management is a bit more elusive. It is perhaps best understood from a mf mf mf mf mf mf mf mf mf mf mf mf



resource-based perspective. mf




POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management mf mf mf mf




QUESTION TYPE: mfMultiple Choice mf




HAS VARIABLES:
mf False
LEARNING OBJECTIVES: mfLO1.1 - Describe the concepts of managers and management and their mf mf mf mf mf mf mf mf mf mf



importance to contemporary organizations. mf mf mf




ACCREDITING STANDARDS: Technology mf m f




KEYWORDS: Bloom's: Understand mf




DATE CREATED:
mf 3/21/2025 12:32 AM mf mf




DATE MODIFIED:
mf 3/21/2025 1:31 AM mf mf




7. The primary purpose of a manager?
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a. develop organizational goals and make logical decisions
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b. achieve organizational goals efficiently and effectively
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c. ensure that all employees are working together effectively
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Copyright Cengage Learning. Powered by Cognero.
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