Question: Question 1 (Marks: 10) State whether the following statements are true or false. If the statement is false, provide a corrected statement. If the statement
Question 1 (Marks: 10) State whether the following statements are true or false. If the statement is false, provide a corrected statement. If the statement is correct, provide an example to illustrate the statement. Q.1.1 The vision statement is more concrete and describes the business that the (2) organisation is in. Q.1.2 Social factors from the macro environment, have a direct effect on the labour (2) market and include poverty, unemployment, health, literacy levels, education and technical training. Q.1.3 Supplier relationship management (SRM) is an approach used by an organisation (2) to assess a supplier's contribution to the organisation. Q.1.4 A cost-volume-profit analysis, also called a CVP analysis, assumes that assets and (2) liabilities will remain the same in the relevant range. Q.1.5 Appraisal aims at integrating the new employee into the organisation by (2) introducing the person to the organisation, its procedures, environment, and work situation
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