1
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
QUIZ
Assessment 1
Started on Sunday, 15 February 2026,
State Finished
Completed on Sunday, 15 February 2026,
Time taken
Grade 30.00 out of 30.00 (100%)
Question 1
Which one of the following is an example of the informal management of business ethics?
a.
Vision, mission and value statements
b.
Training in ethical matters
c.
Reporting, advice and communication channels
d.
Ethical culture
Question 2
The overall goal of strategic management for the responsible organisation is to _____.
a.
achieve stakeholder value maximisation
b.
achieve both profit and social value maximisation
c.
attain moral excellence
d.
achieve a coexistence of a sustained economic competitive advantage and responsible
competitiveness
Question 3
_____ investigates human behaviour questions of what is right and what is wrong, what is
duty and what is obligation, and what is moral responsibility.
,2
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
a.
Accountability
b.
Morality
c.
Responsibility
d.
Ethics
Question 4
The _____ criticism of responsible management is that the business of business is to generate
profits for its owners and there is no legitimate responsibility towards any other stakeholder.
a.
economic
b.
implementation
c.
management
d.
profit
Question 5
The _____ dimension is not included in the Brundtland definition of sustainable
development.
a.
social
b.
physical
c.
economic
d.
environmental
Question 6
, 3
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
In the market environment's sub-environment of competition, _____ refer to the relative ease
with which new organisations can compete with established organisations in the same
market.
a.
bargaining power of competitors
b.
competitors
c.
substitute products
d.
new entrants
Question 7
A statement of what an organisation wants to become and where it wants to be in future is
called a _____.
a.
vision
b.
standard
c.
strategy
d.
mission
Question 8
Sustainability focus on the triple bottom line of the organisation, related to the systematic
social, environmental and _____ issues.
a.
political
b.
technological
c.
economic
d.
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
QUIZ
Assessment 1
Started on Sunday, 15 February 2026,
State Finished
Completed on Sunday, 15 February 2026,
Time taken
Grade 30.00 out of 30.00 (100%)
Question 1
Which one of the following is an example of the informal management of business ethics?
a.
Vision, mission and value statements
b.
Training in ethical matters
c.
Reporting, advice and communication channels
d.
Ethical culture
Question 2
The overall goal of strategic management for the responsible organisation is to _____.
a.
achieve stakeholder value maximisation
b.
achieve both profit and social value maximisation
c.
attain moral excellence
d.
achieve a coexistence of a sustained economic competitive advantage and responsible
competitiveness
Question 3
_____ investigates human behaviour questions of what is right and what is wrong, what is
duty and what is obligation, and what is moral responsibility.
,2
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
a.
Accountability
b.
Morality
c.
Responsibility
d.
Ethics
Question 4
The _____ criticism of responsible management is that the business of business is to generate
profits for its owners and there is no legitimate responsibility towards any other stakeholder.
a.
economic
b.
implementation
c.
management
d.
profit
Question 5
The _____ dimension is not included in the Brundtland definition of sustainable
development.
a.
social
b.
physical
c.
economic
d.
environmental
Question 6
, 3
2026 – S1 – MNG2601 – ASSESSMENT 1 – Q&A
In the market environment's sub-environment of competition, _____ refer to the relative ease
with which new organisations can compete with established organisations in the same
market.
a.
bargaining power of competitors
b.
competitors
c.
substitute products
d.
new entrants
Question 7
A statement of what an organisation wants to become and where it wants to be in future is
called a _____.
a.
vision
b.
standard
c.
strategy
d.
mission
Question 8
Sustainability focus on the triple bottom line of the organisation, related to the systematic
social, environmental and _____ issues.
a.
political
b.
technological
c.
economic
d.
