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. A ... 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 products that are made individually or in small quantities, emphasizing uniqueness and customization.
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 necessary actions to achieve those goals, typically looking several years ahead.
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 relies on a positive relationship between communicators; misunderstandings and conflicts can hinder the clarity and effectiveness 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-produced goods are typically made in large quantities and focus on cost efficiency, which often results in lower prices. However, the quality can vary and is not necessarily 'very high.'
Step 5
5. A Credit Union is a type of Co-operative.
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Answer
True. Credit Unions are member-owned financial cooperatives, providing services such as savings and loans, focusing on serving their members rather than maximizing profit.
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