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100% VERIFIED SOLUTIONS MNB1501: Assignment 2 Semester 2 2022

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QUESTIONS AND ANSWERS

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100% VERIFIED SOLUTIONS MNB1501: Assignment 2
Semester 2 2022
When Edgars Stores Limited was listed on the JSE in 1946, what type of company was it?

Select one:

a.
State company

b.
Private company

c.
Public company

d.
Non-profit organisation
Feedback
The correct answer is: Public company



”For start-up financing, he used his own money – some of it generated from sales of
earlier start-up businesses.” The above scenario refers to , which is one of
the four Cs banks use to evaluate a loan application.

Select one:

a.
capital

b.
character

c.
collateral

d.
conditions
Feedback
The correct answer is: capital

,We treat the individual, our customers, employees, shareowners and the community with
care and respect. The customers are an example of a/n stakeholder, while the
employees are an example of a/n stakeholder.

Select one:

a.
external; internal

b.
investment; core

c.
core; investment

d.
internal; external
Feedback
The correct answer is: external; internal



Legit’s name and location will be included in the of the business plan.

Select one:

a.
executive summary

b.
operating plan

c.
management plan

d.
general company description
Feedback
The correct answer is: general company description

, The facilities, labour, raw materials and processing requirements would be included in
the of the business plan.

Select one:

a.
general company description

b.
management plan

c.
operating plan

d.
marketing plan
Feedback
The correct answer is: operating plan



Kabelo is working at a large company that produces television shows for the local
broadcaster. He is quite keen to start his own production company and has started the
process to establish his own business. He will need to employ at least 50 employees to
start his business and, due to the nature of the industry, he is expecting the company’s
turnover to be more than R50 million. Which one of the following would be the biggest
consideration for Kabelo when choosing a form of enterprise for his new business?

Select one:

a.
Legal (juristic) personality

b.
Limited liability

c.
Control

d.
Compliance
Feedback
The correct answer is: Legal (juristic) personality

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