Test Bank For Management, 5th Canadian Edition by John R. Schermerhorn Jr., Daniel G. Bachrach, Barry Wright

Document Content and Description Below

Test Bank For Management, 5th Canadian Edition by John R. Schermerhorn Jr., Daniel G. Bachrach, Barry Wright-1) Intellectual capital is a personal asset for individuals. Answer: True Learning Object... ive 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 national borders have had little impact on businesses in the United States and Europe. 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 code: Knowledge Difficulty: Medium AACSB: Analytic 9) National boundaries are no longer thought of as a constraint in the world of business. 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 10) Job migration refers to the shift of manufacturing and jobs from overseas to back home. 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 11) Globalization refers to the worldwide interdependence of resource flows, product markets, and business competition that characterizes the new economy. 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 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 16) Society is becoming more lenient in its expectations that social institutions conduct their affairs per high moral standards. 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 17) Minorities constitute more than one-quarter of the Canadian population. 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 [Show More]

Last updated: 6 months ago

Preview 5 out of 1557 pages