Final answer:
The assertion that technical skills are exclusively critical for high tech industry managers while unnecessary for others is false. Technical skills are significant for all managers, and an engineering degree provides a versatile background useful worldwide. Globalization and advances in technology have amplified the demand for high-skilled labor globally.
Step-by-step explanation:
The statement that technical skills are absolutely critical for managers working in high tech industries and not needed by other types of managers is false. Technical skills are as important for engineers as technical skills and will help you manage your team, but other skills like leadership, communication, and strategic thinking are also critical for managers across various industries.
An engineering degree provides technical background for careers in many fields and allows you to work in a variety of settings and around the world. Engineering work is indeed performed in countries around the world, and often by teams of engineers distributed in many countries. In the context of globalization and the rise of information and communications technology, the demand for high-skilled labor has increased due to the opportunities to sell services internationally and the need to compete in a more globally connected labor market.