MNG2601 ASSIGNMENT 2 93% PASS QUESTIONS AND ANSWERS

Here are all the questions without answers: 1. Which one of the following can be considered a weakness in an organisation’s internal environment? a. An increase in the repo rate b. A decrease in the buying power of customers c. A downturn in the economy of the country d. An increase in bad debts of the organisation 2. A lawyer that sends agents to the trauma centres of hospitals to advertise his services to claim benefits from the Road Accident Fund is an example of an ethical issue on the _____ level. a. organisational b. international c. professional d. societal 3. Sustainability focuses on the triple bottom line of the organisation, related to the systematic social, environmental and _____ issues. a. political b. economic c. international d. technological 4. Unemployment rates, business confidence, interest rates and gross domestic product are examples of variables in the _____ environment that affect the performance of organisations. a. technological b. social c. economic d. international 5. According to the stakeholder salience model, _____ stakeholders are likely to have a formal mechanism in place that acknowledges the legitimacy of the relationship with the organisation. a. discretionary b. dominant c. dormant d. dangerous 6. Which one of the following researchers was best known for his/her contribution to the bureaucratic approach to management? a. FW Taylor b. Max Weber c. Lillian Gilbreth d. Frank Gilbreth 7. Within an organisation’s remote environment, an organisation can identify _____ and turn it into _____. a. strengths; competitive advantage b. opportunities; strengths c. weaknesses; competitive advantage esses; strengths 8. (i) _____ are areas within an organisation that describe what it excels at and what separates it from its competition; whilst (ii) _____ are those areas that need improvement to remain competitive. a. (i) opportunities; (ii) threats b. (i) strengths; (ii) weaknesses c. (i) opportunities; (ii) weaknesses d. (i) strengths; (ii) threats 9. Which one of the following is a characteristic of the business environment? a. The management environment is decreasingly volatile and subject to change b. Environmental factors are not related to one another c. Due to technological advancement, the management environment is becoming less complex to manage and to predict d. Due to accelerating environmental change, environmental uncertainty is another characteristic of the management environment 10. (i) _____ is achieved when an organisation formulates, pursues and attains appropriate (or stated) goals; whilst (ii) _____ is achieved by using the fewest inputs to generate a maximum amount of output. a. (i) Productivity; (ii) effectiveness b. (i) Effectiveness; (ii) efficiency c. (ii) Efficiency; (ii) synergy d. (i) Profitability; (ii) effectiveness 11. _____ managers are necessary to implement the strategies developed at the executive level. a. Top b. Lower c. Middle d. Supervisory 12. A middle-level manager would typically be responsible for _____. a. analysing the internal and external management environment b. formulating goals for individuals c. implementing plans and strategies in a functional department d. the entire organisation, including determining the vision and mission 13. Consider the following list of variables to answer the question: 1. The mission statement 2. Objectives of the organisation 3. Economic environment 4. Organisational resources 5. Social environment 6. Customers 7. The labour market and labour unions 8. Intermediaries Which of the variables listed originate from an organisation’s market environment? a. 5, 6, 7 b. 3, 4, 5 c. 6, 7, 8 d. 5, 6, 7, 8 14. The performance of five managerial functions for successful management, namely planning, organising, coordinating, commanding and control is the essence of _____ management. a. systems b. administrative c. bureaucratic d. scientific 15. Which one of the following provides the best definition of the term sustainability? a. To grow, mature, improve and progress b. To be more than you anticipated and planned for c. To maintain, to keep being, to preserve and to support, with structures to hold on to d. To adhere to one’s duties in the present and future