Question 1
Observation
- Candidates performed averagely in this question but they could not clearly define stock card in relation to stock management.
A stock card is a document that records receipts, issues and balances of items held in a store. It is kept in the store with physical stock. It is also known as bin card or bin tag.
- This question was generally well answered, with most candidates able to clearly state the advantages of road transport.
- Candidates performed averagely in this question. They could not clearly explain how important policy is to an organization.
- It is a tool for quality improvement in an organization.
- It helps management to guide operations without its constant intervention.
- It helps organization to maintain a degree of accountability to the stakeholders.
- It helps in building a learning culture by determining which policies employees should read.