SOLUTION MANUAL FOR Management by Ricky W. Griffin 14th Edition All chapters included with correct answer

TEST BANK


FOR MANAGEMENT
BY BY


RICKY
14TH EDIT,ION




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,SOLUTION MANUAL FOR
Management by Ricky W. Griffin 14th Edition Copyright 2026
Chapter 1-20

Chapter 01 - Managing and the Manager’s Job

1. Which of the following is an example of a physical resource needed to operate the company that produces Kenny's
Cajun Popcorn, a "low-calorie snack with a high-voltage flavor"?
a. an industrial-size popcorn popper
b. accountants and financial information
c. the help of family members who serve as taste-testers
d. a marketing campaign
ANSWER: a
RATIONALE: All organizations use four basic kinds of resources from their environment:
human, financial, physical, and information. Physical resources include raw
materials, office and production facilities, and equipment.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
importance to contemporary organizations.
ACCREDITING STANDARDS: Technology
KEYWORDS: Bloom's: Understand
DATE CREATED: 3/21/2025 12:32 AM
DATE MODIFIED: 3/21/2025 1:31 AM

2. In the Women's National Basketball Association, the coaches, managers, and players are considered which type of
resource?
a. physical
b. financial
c. human
d. information
ANSWER: c
RATIONALE: All organizations use four basic kinds of resources from their environment:
human, financial, physical, and information. Human resources include
managerial talent and labor.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
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,LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
importance to contemporary organizations.
ACCREDITING STANDARDS: Technology
KEYWORDS: Bloom's: Remember
DATE CREATED: 3/21/2025 12:32 AM
DATE MODIFIED: 3/21/2025 1:31 AM

3. Which of the following is an example of information resources used by Michigan State University?
a. Faculty and administrative staff
b. Alumni contributions and government grants
c. Research reports and government publications
d. Computers and campus facilities
ANSWER: c
RATIONALE: Research reports and government publications because information resources
are defined as data, reports, or publications that organizations use to support
decision-making and operations.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
importance to contemporary organizations.
ACCREDITING STANDARDS: Technology
KEYWORDS: Bloom's: Remember
DATE CREATED: 3/21/2025 12:32 AM
DATE MODIFIED: 3/21/2025 1:31 AM

4. Which of the following is an example of financial resources for Shell?
a. Drilling platform workers and corporate executives
b. Refineries and office buildings
c. Sales forecasts and trends in alternative energy sources
d. Profit and stockholder investments
ANSWER: d
RATIONALE: Profits and stockholder investments because financial resources refer to the
monetary assets an organization relies on to fund its operations and growth.
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-1 An Introduction to Management
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their
importance to contemporary organizations.
ACCREDITING STANDARDS: Technology
KEYWORDS: Bloom's: Remember
DATE CREATED: 3/21/2025 12:32 AM

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, DATE MODIFIED: 3/21/2025 1:31 AM

5. Which of the following is an example of human resources for the city of Chicago?




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