Question: Question 2 Indicate whether the following statements are True or False in the examination booklet provided. e.g. 2.1 True (1 x 10 = 10 marks]
Question 2 Indicate whether the following statements are True or False in the examination booklet provided. e.g. 2.1 True (1 x 10 = 10 marks] No. Statement 2.1 Corporate citizenship is about proactive efforts by companies to make a positive contribution to society. 2.2 The partners in a partnership have limited liability. 2.3 A example of semi-variable cost is sales commission. 2.4 Middle management needs more interpersonal skills than lower management. 2.5 Corporate entrepreneurship occurs when an entrepreneur starts his own business venture. 2.6 Benchmarking is the same as comparing. 2.7 Supply chain management is concerned with the choice of suppliers. 2.8 Close Corporation have a maximum of 10 shareholders. 2.9 Total quality control is concerned with improving products and services outside the business and thereby satisfying the customers' needs. 2.10 The use of a new idea to develop a better product, service, process or technique is known as creativity.
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