1. End of year awards, maternity
    leave, bonuses and
    scholarships are administered
    by
    A. The finance department
    B. The personnel department
    C. The production department
    D. The publicity department
    2. Long term source of finance
    includes shares, 10 years bank
    loans and
    A. Trade credit
    B. Overdraft
    C. Debentures
    D. Personal saving
    3. Which of the following is not a
    sales promotion tool?
    A. Free sample
    B. Advertising
    C. Temporary price reduction
    D. Gift in packs
    4. Job evaluation refers to
    A. Selection of one job from
    two or three jobs
    B. Developing the potential of
    an employee to perform
    more than one job
    C. Accessing the job content
    and placement of monetary
    value on it
    D. Ranking jobs in order to

Verified Answer :

Final answer:

This detailed answer explains the administration of awards and benefits, long-term finance sources, sales promotion tools, and job evaluation.


Explanation:

1. End of year awards, maternity leave, bonuses, and scholarships are typically administered by the personnel department. They are responsible for managing employee benefits and incentives.

2. Long-term sources of finance include options like shares and debentures which provide capital for an extended period, contrasting with short-term sources like trade credit or overdrafts.

3. Advertising, not advertising, is not a sales promotion tool as it involves paid communication to promote a product or service.

4. Job evaluation refers to accessing the job content and placing a monetary value on it, aiding in determining fair compensation based on job roles.


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