Functional Areas of Management

Selling includes transfer of ownership of products to the buyer.

• True

• False

Capital budgeting is primarily a bottom-level management concern because it involves the allocation of funds.

• True

• False

Promotional activities and advertising are the best ways to communicate with your target customers for them to be able to know the company's products and services.

• True

• False

The operations function consists of all activities directly related to producing goods or services.

• True

• False

HRM is all about acquiring services of people, developing their skills, motivating them to the foremost level and making sure that they continue to maintain their commitment towards the organization.

• True

• False

Human resource planning is a part of ____ function of the organization.

• Managerial

• Operational

• Analytical

• Planning

The Internet is not important to the foundation for a new industrial order.

• True

• False

_______ states the way about what are the activities that need to be conducted, when it is to be conducted and how to conduct it.

• Organizing

• Planning

• Decision Making

• Critiquing

Managing people is not the primary responsibility of the Human Resources department.

• True

• False

Which is discussed in compensation policy?

• Tenure of payment

• Type of incentive

• Mode of payment

• % of bonus