Question

1. job specification describes the

a. bases for selecting the person to do the job.
b. duties and responsibilities for the job.
c. scope of the job.
d. skills and abilities required to do the job.

1. cooperative societies are formed mainly to

a. cater for the welfare of members.
b. create jobs.
c. make profit.
d. provide goods and services for the country.

1. which of the following management functions is part of all other functions of management?

a. controlling.
b. directing.
c. decision - making.
d. organising.

1. the implementation of policies in an organization is carried out by the

a. administration.
b. board of directors.
c. debenture holders.
d. shareholders.

1. a duty of the principal to his agent is, he must

a. act in good faith with his agent.
b. be ready to reimburse all genuine expenses.
c. disclose to the agent all relevant facts.
d. not allow his own interest to conflict with his agent.

1. one disadvantage of sole proprietorship is that,

a. it is a legal entity.
b. its establishment requires huge capital.
c. the owner bears all the risks.
d. the owner takes decision quickly.

1. the gathering of information in the decision - making process is to

a. breakdown the problem into simple units.
b. facilitates the identification of the problem.
c. facilitate the development of alternative options.
d. provide adequate information for evaluation.

1. one disadvantage of globalization is that, it

a. creates a wider market.
b. increases information flow.
c. requires huge capital outlay.
d. lowers prices of goods and services.

25sc1011 pause

Explanation:

Question 39

Job specification focuses on the qualifications (skills, abilities, etc.) needed for a job, while job description covers duties (B), scope (C), or selection bases (A) are not its main focus.

Question 40

Cooperative Societies are formed to serve members' welfare (e.g., better prices, support), not mainly for profit (C), job creation (B), or national goods/services (D).

Question 41

Decision - making is integral to all management functions (planning, organizing, leading, controlling) as choices are made in each, unlike controlling (A), directing (B), or organizing (D) which are standalone functions.

Question 42

Answer:

D. skills and abilities required to do the job.