* Which of the following is/are TRUE? Select all that applies. O points Job description defines the duties and responsibilities of a particular position. Screening the process by which the applicants are being interview and classified under three categories. Lecture is useful it requires trainees to act out assigned roles in realistic situations. Replacement costs are derived in the original cost of hiring When employees leave the company of their own freewill, management should make a sincere attempt to find out reasons for their departure. A company that does not establish such a policy risks poor employee morale and high labor turn-over Which of the following statement/s is/are TRUE about DIVISION OF WORK? I. It refers to the assignment of specialized jobs to various departments and or positions. II. It refers to which economists consider to be necessary to efficiency in the use of labour. III. It refers to assigning authority in every work. IV. It refers to achieving goals of every division of the work A. I and II B. II and III C. III and IV D. I, II and III E. II, III and IV F. All of the above TRUE OR FALSE: 1 point FIRST STATEMENT The objective of the management aspect of a feasibility study is to determine the option efficiency of the organizational set-up and the qualifications of the individuals who will make up the organization. SECOND STATEMENT A project feasibility study is primarily based on forecast of demand, prices, new products coming in, technological developments, amendments to laws, changes in tariff rates, sales revenues, cost and expenses, and available accounting. THIRD STATEMENT Management is defined in so many ways depending upon the viewpoints, opinions, and interpretations of the manager. TRUE OR FALSE: 1 point FIRST STATEMENT Management is both art and science, management gurus define management as art because it results in the accomplishment of objectives through the use of human efforts. SECOND STATEMENT Management is a science because it is a systematic body of organization THIRD STATEMENT The concept of management is new, it has been practiced for thousands of years. TRUE OR FALSE: 1 point FIRST STATEMENT Management is both art and science, management gurus define management as art because it results in the accomplishment of objectives through the use of human efforts. SECOND STATEMENT Management is a science because it is a systematic body of organization THIRD STATEMENT The concept of management is new, it has been practiced for thousands of years. TRUE OR FALSE: 1 point FIRST STATEMENT Planning is a function of all managers, although the character and scope of planning will differ from one authority to another. SECOND STATEMENT Plans may also become efficient in the attainment of objectives by affecting group satisfaction. THIRD STATEMENT Organizing involved determination of desired future events. TRUE OR FALSE: 1 point FIRST STATEMENT Staffing delineates manpower requirements for the job to be done, which includes recruiting and selecting candidates for position, compensation, and training or otherwise developing both candidates and current job holders to accomplish their tasks effectively. SECOND STATEMENT Leadership implies followership, and people tend to follow the man on whom they see a means of satisfying their own power, wishes, and desires. THIRD STATEMENT Staffing Has to do with the predominantly interpersonal aspect of managing
