Write TRUE or FALSE after each of these statements:
1 - Leaving Cert Business - Question 8 - 2010
Question 8
Write TRUE or FALSE after each of these statements:
1. Job production is used to produce one-off unique products.
2. Strategic Planning is long term planning.
3. ... show full transcript
Worked Solution & Example Answer:Write TRUE or FALSE after each of these statements:
1 - Leaving Cert Business - Question 8 - 2010
Step 1
1. Job production is used to produce one-off unique products.
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Answer
True. Job production refers to the manufacturing of unique, one-off products tailored to specific customer requirements.
Step 2
2. Strategic Planning is long term planning.
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Answer
True. Strategic planning involves setting long-term goals and determining the best actions to achieve them, focusing on the future direction of an organization.
Step 3
3. A poor relationship between the sender and the recipient of the message is a barrier to effective communication.
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Answer
True. Effective communication requires a good relationship; poor interactions can lead to misunderstandings and reduce the clarity of the message.
Step 4
4. Mass produced goods are generally very expensive and of very high quality.
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Answer
False. Mass production typically reduces costs due to economies of scale, making products more affordable, and while some mass-produced goods can be high quality, this is not universally true.
Step 5
5. A Credit Union is a type of Co-operative.
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Answer
True. Credit Unions are member-focused financial cooperatives that provide financial services to their members, operating on cooperative principles.
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