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NDEB Exam 2019-2025 NDEB Solved Questions and Correct Answers GRADED A.pdf

Most Common type of business entity - Precise Answer ✔✔Sole Proprietorship Where can a Corporation be sued? - Precise Answer ✔✔Place of incorporation and primary place of business What are 3 components of corporations? - Precise Answer ✔✔Stockholders, Directors, and Officers What is the role of Board of Directors? - Precise Answer ✔✔Set goals, hire officers, oversee operations and finances What are some advantages of Corporations? - Precise Answer ✔✔Limited liability from owners, ease of transferring ownership, certain tax deductions, ability to attract financing What is the purpose of Joint Ventures? - Precise Answer ✔✔2 or more companies that form an alliance for specific period of time. What does FTC oversee? - Precise Answer ✔✔Oversees unfair business practices. What major case involves the commerce clause and what does it mean? - Precise Answer ✔✔Regulates state and international business and limits the states powers. "NLRB vs. Steel Corp." What are some circumstances that revolve around the 14th amendment? - Precise Answer ✔✔Warrantless searches What was the purpose for the UN - Precise Answer ✔✔Developed as a multilateral treaty to create peace and equality for women and children

What role does the planning function of human resource management play within organizations? - Precise Answer ✔✔Strategic and short & medium range planning Align human resources with strategic mission of organization What role does the staffing function of human resource management play within organizations? - Precise Answer ✔✔Recruiting and selection of people with the needed skills of jobs within the organization What are the types of employee compensation? - Precise Answer ✔✔Direct and indirect What is the role of performance appraisals? - Precise Answer ✔✔Measure and monitor employee performance How does HRM enhance human potential? - Precise Answer ✔✔Through training and development HRM's work on improving the workplace environment focuses what two environments? - Precise Answer ✔✔Physical and psychological

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