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Management, Second Canadian Edition Test Bank

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Chapter 1: Introducing ManagementTrue/False1. The best employers in the new workplace of the 21stcentury have high performance expectations, and areextremely good at attracting and retaining talented employees.Ans: TrueDifficulty: EasyRef:Introduction2. “High involvement” organizations create challenging and enriched jobs, allow employee input in decisionmaking, and avoid layoffs and excessive turnover.Ans: TrueDifficulty: EasyRef: Introduction3. In the new economy, organizations are expected to continuously excel on meeting their performance criteria evenif it means placing a lower priority on ethical and social responsibilities.Ans: FalseDifficulty: ModerateRef: Working TodayTalent4. An employee’s talents are what they know, what they learn, and what they do with it.Ans: TrueDifficulty: ModerateRef: Working Today5. The most important factors for operating effectively in a new economy are increased profits, greater return oninvestment, shareholder involvement, self-management, and competitiveness.Ans: FalseDifficulty: HardRef: Working Today

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Subject
Business Management
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Management by John R Schermerhorn, ...

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