Question: (a) State whether the following statements given below are 'True' or 'False'. If True, simply rewrite the given statement (= 1 mark). If False,
(a) State whether the following statements given below are 'True' or 'False'. If True, simply rewrite the given statement (= 1 mark). If False, state it as False (= 1/2 marks) and rewrite the correct statement (= 1/2 mark): 1x5=5 (i) The term 'Control' is used in management parlance in a synergetic sense. (ii) Redundant Relationship is one in which the connected systems cannot function alone. (iii) Theory 'Y' style of Management is a highly autocratic style. (iv) The key factors of 'Theory of Constraints' is Contribution and Profit. (v) Options, which can be used to increase or decrease capacity to match current demand include: Hire/Lay-off, Overtime, sub-contracting and pricing.
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