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1 Management, 15e (Schermerhorn) Chapter 1 Introducing Management 1) Career readiness is a set of skills, competencies, aspirations, and goals that help advance career success even in a rapidly changing environment.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
2) Cross-skilling means continually updating your skills to keep them aligned with emerging job markets and new ways of working.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
3) Upskilling means continually updating your skills to keep them aligned with emerging job markets and new ways of working.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
4) Transferable skills apply across job types and occupations.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
5) Career readiness is a one-time, one-and-done task that you achieve by earning a college degree.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
6) Career readiness must be nurtured and updated continually.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
Management 15e John Schermerhorn, Daniel Bachrach (Test Bank All Chapters, 100% Original Verified, A+ Grade) 1 / 4
2 7) Intellectual capital is a personal asset for individuals.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
8) Intellectual capital is a strategic asset that organizations can use to transform human creativity, insight, and decision making into performance.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
9) Intellectual capital is a strategic asset for organizations and a personal asset for individuals.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
10) Intellectual capital is the sum of competency and commitment.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
11) Intellectual capital equals competency multiplied by commitment.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
12) Competency represents one's talents or job-relevant capabilities.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge 2 / 4
3 13) Commitment represents how hard one works to apply talents and capabilities to important tasks.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
14) Commitment represents one's talents or job-relevant capabilities.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
15) A knowledge worker is a person whose physical capabilities are the most critical assets.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
16) A knowledge worker is a person whose creativity and insight are the most critical assets.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
17) A smart workforce has members who have both technical and human skills; they are good at working to solve ever changing problems.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
18) A smart workforce focuses on human skills such as groupthink.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge 3 / 4
4 19) We are entering the third industrial age where the cloud, mobile Internet, automation and robotics, and artificial intelligence are driving forces of change.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
20) We are entering the fifth industrial age where the cloud, mobile Internet, automation and robotics, and artificial intelligence are driving forces of change.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
21) We are entering the fourth industrial age where the cloud, mobile Internet, automation and robotics, and artificial intelligence are driving forces of change.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
22) High tech IQ is the ability to use technology and commitment to stay informed about the latest technological developments.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Information technology
Bloom's Taxonomy: Knowledge
23) Globalization is a powerful economic force that offers upside opportunities and downside risks.
Answer: TRUE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
24) Global supply chains offer cost advantages and are rarely disrupted due to the diversification of locations.
Answer: FALSE
Diff: 1
Learning Objective: 1.1
AACSB: Analytical thinking
Bloom's Taxonomy: Knowledge
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