55. What is the ultimate goal of the leading function in management? a) To enforce strict rules and regulations b) To increase the complexity of organizational processes c) To inspire and guide employees toward achieving shared goals d) To minimize communication within the organization 56. What is the primary role of the human resources (HR) function in a business? a) Product development b) Employee recruitment, development,and management c) Financial analysis d) Marketing strategy 57. Which HR function is responsible for negotiating labor contracts, handling employee grievances, and maintaining labor relations? a) Employee recruitment b) Compensation and benefits c) Labor relations d) Performance management 58. What does the term "onboarding" refer to in HR management? a) The process of offloading underperforming employees b) Welcoming and integrating new employees into the company c) Employee termination procedures d) Compensation and benefits administration 59. What is the primary purpose of a performance appraisal conducted by the HR department? a) Determining employee compensation b) Identifying training and development needs c) Monitoring employee attendance d) Setting marketing goals 60. What is the core goal of the marketing function in a business? a) Managing employee relations b) Maximizing profitability c) Identifying cost-saving measures d) Creating customer value and satisfaction 61. Which element of the marketing mix focuses on how a product is priced and promoted to target customers? a) Product b) Place c) Price d) Promotion