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