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 LEARNING OBJECTIVES: LO1.1 - Describe the concepts of managers and management and their importance to contemporary organizations. ACCREDITING STANDARDS: Technology Copyright Cengage Learning. Powered by Cognero.
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