Exam (elaborations)

TEST BANK for Management, 5th Canadian Edition John Schermerhorn Jr, Daniel Bachrach & Barry Wright. . (Complete Chapters 1-18)

132 views 0 purchase

Course
Management, 5th Canadian Edition

Institution
Management, 5th Canadian Edition

Book
Management

EST BANK for Management, 5th Canadian Edition John Schermerhorn Jr, Daniel Bachrach & Barry Wright. . (Complete Chapters 1-18) Table of contents Chapter 1. Introducing Management Chapter 2. M anagement Learning Past to Present Chapter 3. Ethics and Social Responsibility Chapter 4. Environment, Inno...

[Show more]

Preview 4 out of 1618 pages

View example

Uploaded on June 15, 2023
Number of pages 1618
Written in 2022/2023
Type Exam (elaborations)
Contains Questions & answers

AcademiContent Member since 5 year 2489 documents sold

176

CA$43.09

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

, Schermerhorn, Management, Fifth Canadian Edition

CHAPTER 1
MANAGEMENT TODAY

Question type: True/False

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

4) Commitment represents one’s talents or job-relevant capabilities.

Answer: False

Test Bank Chapter 1 – Management Today 1-1
Copyright © 2021 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is strictly prohibited

,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.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AcademiContent. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$43.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53022 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Seller

Package deal ·

Exam (elaborations)

TEST BANK for Management, 5th Canadian Edition John Schermerhorn Jr, Daniel Bachrach & Barry Wright. . (Complete Chapters 1-18)

Document information

Subjects

Connected book

More summaries for

Written for