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TEST BANK FOR Management, 5th Canadian Edition John R. Schermerhorn Jr., Daniel G. Bachrach, Barry Wright

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TEST BANK FOR Management, 5th Canadian Edition John R. Schermerhorn Jr., Daniel G. Bachrach, Barry Wright-1) Intellectual capital is a personal asset for individuals. 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: Easy AACSB: Analytic 2) Intellectual capital is defined as the collective and shared knowledge of an organization‘s workforce. 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: Application Difficulty: Medium AACSB: Analytic 3) Intellectual capital = Competency x Commitment. 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: Easy AACSB: Analytic Test Bank Chapter 1 – Management Today 1 - 1 4) Commitment represents one‘s talents or job-relevant capabilities. 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: Easy AACSB: Analytic 5) A knowledge worker is a person whose physical capabilities are critical assets. 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: Easy AACSB: Analytic 6) Creativity and insight are critical assets to a knowledge worker. 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: Easy AACSB: Analytic 7) Tech IQ is the ability to use technology and the commitment to stay informed about the latest technological developments. 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: Easy AACSB: Analytic 8) Improvements in technology, the deregulation of markets, and the opening of [Show More]

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