Question : 21.A sponsorship a part of career support that a mentor : 1243274

21.A sponsorship is a part of career support that a mentor provides to his or her protégé. True False

22.Despite no gender differences in access to job experiences involving transitions or creating change, male managers receive significantly more assignments involving high levels of responsibility than female managers of similar ability and managerial level. True False

23.The glass ceiling is likely caused by lack of access to training programs, appropriate developmental job experiences, and developmental relationships (such as mentoring). True False

24.Succession planning ensures that top-level managerial talent is available. True False

25.The 9-box grid is used to compare employees within one department, function, division, or the entire company. True False

Multiple Choice Questions

26.The acquisition of knowledge, skills, and behaviors that improve an employee’s ability to meet changes in job requirements and in client and customer demands is called _____.

A.development

B.formal training

C.job evaluation

D.knowledge management

E.job specification

27.Which of the following is true of training and development?

A.Training primarily prepares employees for future positions and jobs that do not exist as yet.

B.As training becomes more strategic, the distinction between training and development will become clearer.

C.Development focuses primarily on helping employees’ performance in their current jobs.

D.Development is critical for talent management, particularly for those with leadership potential.

E.Employees rely on training to improve the skills required for jobs in other places.

28.Training is different from development, in that:

A.development focuses on the present, while training focuses on the future.

B.training considers an employee’s work experience more than development does.

C.development aims to prepare employees for changes, while training prepares them for current jobs.

D.participation in training is voluntary, while that in development is required.

E.unlike development, training considers requirements of jobs that do not exist as yet.

29.Which of the following statements about training is correct?

A.It prepares employees primarily for changes in job requirements.

B.Participation in training programs is voluntary.

C.It increases an employee’s ability to move into jobs that do not yet exist.

D.It makes very little use of the employees’ work experiences.

E.It focuses on employees’ future jobs.

30.Which of the following is true of a protean career?

A.It focuses primarily on external rewards offered by an organization.

B.Managers play the central role in guiding employees with protean careers.

C.Psychological success plays a small role in protean careers.

D.It is based on employees’ self-direction.

E.It has very little implication on employee development.

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July 1, 2023

1) Over a long period of time, perhaps many years, changes in real GDP come primarily from

A) upward shifts of the AS curve.

B) upward shifts of the AE curve.

C) rightward shifts of the AD curve.

D) continuous increases in potential GDP.

E) leftward shifts of the AD curve.

2) Between the years 1960 and 2011, the Canadian economy experienced growth in real GDP at an average annual rate of ________%.

A) 0.7

B) 1.2

C) 1.9

D) 3.3

E) 6.3

3) In the long run, changes in average material living standards are best shown by

A) growth in real GDP.

B) population growth.

C) growth in real per capita GDP.

D) improvements in fiscal policy.

E) improvements in monetary policy.

4) The compounding of economic growth rates means that

A) a large increase in investment today has little effect on national income over the long run.

B) small changes in sustained growth rates can have a significant impact on national income over several decades.

C) consumers should not save, given the low real returns that compounding produces.

D) a 10% annual rate of return will double an investment in less than 6 years.

E) a 2% annual growth rate of GDP will double national income in 27 years.

5) If per capita GDP in a richer country grows at a faster annual rate than in a poorer country,

A) the gap between their standards of living will widen over time.

B) the gap between their standards of living will close over time.

C) the gap between their standards of living will close over time as long as the rate of population growth is higher in the poorer country.

D) whether the gap in living standards widens or closes over time depends on the absolute size of the relative growth rates.

E) the difference in their living standards will not change over time.

6) If GDP in a richer country grows at the same annual rate as in a poorer country, the

A) gap between their standards of living will widen over time.

B) gap between their standards of living will close over time.

C) gap between their standards of living will close over time as long as the rate of population growth is lower in the poorer country.

D) gap between their standards of living will close over time as long as the rate of population growth is lower in the richer country.

E) difference in their living standards will not change over time.

7) A common measure of a country's level of productivity is

A) the average efficiency of capital.

B) the capital-output ratio.

C) output per capita.

D) output per unit of labour input.

E) per capita GDP.

8) A common measure of a country's rate of economic growth is

A) the marginal efficiency of capital.

B) the capital-output ratio.

C) the level of output per capita.

D) the change in output per capita.

E) the level of real gross domestic product.

9) Over the long term, by far the most potent force for raising average material living standards is

A) economic growth.

B) reducing inefficiencies.

C) redistributing income.

D) increasing the money supply.

E) appropriate fiscal policies.

10) If real income grows at approximately 2% per year, the number of years it will take for real income to double is approximately

A) 5.

B) 12.

C) 24.

D) 36.

E) 72.