Answer to Question 1
Answer: FALSE
Explanation: Managers today need a better understanding of social media in order to provide better guidelines for using them and because it is an important way to attract and interact with customers.
Answer to Question 2
Answer: For a future manager, studying management is a no-brainer. In general, the more you know about successful management practices the more likely you are to become a successful manager. Even if you are not going to become a manager, there are plenty of reasons to study management. If you become a nonmanagerial employee, for example, studying management can help you understand the managers you have to deal with.
If you end up working in a system that does not involve managementfor example, as an artist or an actoryou are still highly likely to end up dealing with management in important ways. An artist, for example, may work on her own for the most part, but she still must be able to negotiate the tricky waters of dealing with galleries, dealers, museums, and so on, all of which involve managers and management.
Even if you can avoid managers of all types, you will undoubtedly earn and invest money in your life, and understanding management will help you invest that money wisely. As recent economic troubles have proved, good management is more important than ever. Those who try to invest well without knowing about good management practices invest at their peril.
A final reason for studying management is the reality that most students, once they graduate from college and begin their careers, will either manage or be managed.
A typical bank statement.
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