TEST BANK For Management, 5th Canadian Edition by John Schermerhorn Jr., Daniel Bachrach, Barry Wrig

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TEST BANK For Management, 5th Canadian Edition by John Schermerhorn Jr., Daniel Bachrach, Barry Wright Chapter 1-18 Chapter 1-18 With Appendix

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

Test Bank

Chapter 1 – Management Today

1-1

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