Package Title: Ch01 Testbank
Course Title: Schermerhorn, Management 16e
Chapter Number: 01 Careers, Management, and Managers
Question type: True/False
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
Learning Objective: 1.1
Difficulty: Easy
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
Learning Objective: 1.1
Difficulty: Easy
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
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
4. Transferable skills apply across job types and occupations.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
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,Schermerhorn / Management, 16th Edition Test Bank
5. Career readiness is a one-time, one-and-done task that you achieve by earning a college
degree.
Answer: False
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
6. Ones’s success—in a career and in life—will require self-awareness, resilience, and
continuous improvement.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
7. At the organization level, intellectual capital is the collective brainpower and shared
knowledge of a workforce.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
8. Intellectual Capital transforms human creativity, insight, and decision-making into
organizational performance.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
9. At the level of the individual, intellectual capital is a package of intellect, experience, skills,
and capabilities that make someone valuable to an employer.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
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,Schermerhorn / Management, 16th Edition Test Bank
10. Intellectual capital is the sum of competency and commitment.
Answer: False
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
11. Intellectual capital equals competency multiplied by commitment.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
12. Competency represents one’s talents or job-relevant capabilities.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
13. Commitment represents how hard one works to apply talents and capabilities to important
tasks.
Answer: True
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
14. Commitment represents one’s talents or job-relevant capabilities.
Answer: False
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
15. A knowledge worker is a person whose physical capabilities are the most critical assets.
Answer: False
Learning Objective: 1.1
Difficulty: Easy
Copyright © 2026 1-3
, Schermerhorn / Management, 16th Edition Test Bank
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
Learning Objective: 1.1
Difficulty: Easy
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
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
18. A smart workforce focuses on human skills such as groupthink.
Answer: False
Learning Objective: 1.1
Difficulty: Easy
AACSB: Analytical thinking
Bloom’s Taxonomy: Knowledge
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
Learning Objective: 1.1
Difficulty: Easy
AACSB: Information technology
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
Learning Objective: 1.1
Difficulty: Easy
AACSB: Information technology
Bloom’s Taxonomy: Knowledge
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