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Exam (elaborations)

Mnb1501 Assignment 6 Semester 2 2023

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2/16/23, 1:33 PM Assessment 6: Attempt review




MENU 


Dashboard / Courses / UNISA / 2023 / Semester 1 / MNB1501-23-S1 / Welcome Message / Assessment 6

Started on Thursday, 16 February 2023, 1:25 PM
State Finished
Completed on Thursday, 16 February 2023, 1:33 PM
Time taken 8 mins 11 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00


Question 1

Correct

Mark 1.00 out of 1.00




Sipho is the owner of a small tuck shop in Diepsloot. He started the tuck shop as a way of earning money so that his family can survive. His
business is not registered and, therefore, Sipho does not pay rates or taxes. Sipho’s tuck shop forms part of the __________ sector.



a. informal 

b. formal

c. non-profit

d. illegal



Your answer is correct.
The correct answer is:
informal




Question 2

Correct

Mark 1.00 out of 1.00




The voluntary compliance of businesses with practices that are sustainable is known as ___________________.



a. business ethics

b. consumerism

c. corporate sustainability

d. corporate social responsibility 



Your answer is correct.
The correct answer is:
corporate social responsibility




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 1/9

,2/16/23, 1:33 PM Assessment 6: Attempt review

Question 3

Correct

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MENU

True entrepreneurs differ dramatically from small-business owners in the following ways:
Dashboard / Courses / UNISA / 2023 / Semester 1 / MNB1501-23-S1 / Welcome Message / Assessment 6
a They have no intention of growing or developing their business and are happy with some autonomy.

b They need to be personally responsible for solving problems.

c They have an internal locus of control.
d They have an external locus of control.



Select one:
a. a b

b. a c

c. b c 

d. c d



The correct answer is: b c




Question 4

Correct

Mark 1.00 out of 1.00




Kohler has adopted several strategies to sustain a culture of continuous innovation. Growth has been generated substantially from within, by
people creating an idea, getting it financed internally and executing it successfully. This is an example of ___________________.



Select one:
a. external locus of control
b. franchising
c. intrapreneurship 
d. entrepreneurship



The correct answer is: intrapreneurship




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 2/9

,2/16/23, 1:33 PM Assessment 6: Attempt review

Question 5
Correct

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MENU

Sophie decides to register her business as a legal business entity. Her friend, Alice, is going to be her business partner and will contribute
Dashboard
50% / Courses
of the capital / UNISA
that they / 2023
will require / the
to get Semester 1 /started.
business MNB1501-23-S1 / Welcome
However, neither SophieMessage / Assessment
nor Alice wants 6
to take personal liability for the
business, nor do they want to appoint a director. For which type of legal entity would you suggest she register?



Select one:
a. Company
b. Sole proprietorship
c. Business trust 
d. Partnership



The correct answer is: Business trust




Question 6

Correct

Mark 1.00 out of 1.00




The name of Herman Heunis’s company ends with words “(Pty) Ltd”, which means that it can be classified as a _______________.



Select one:
a. private company 
b. partnership
c. co-operative society
d. sole proprietorship



The correct answer is: private company




Question 7
Correct

Mark 1.00 out of 1.00




Changes in population-growth patterns, where people are moving from rural areas to cities, are known as _________________. This is a variable
in the _____________ environment.



Select one:
a. relocation; physical
b. relocation; social
c. urbanisation; social 
d. migration; physical



The correct answer is: urbanisation; social



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, 2/16/23, 1:33 PM Assessment 6: Attempt review

Question 8
Incorrect

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MENU

The current labour laws and the Employment Equity Act 55 of 1998 are examples of variables in the ___________ environment that
Dashboard /have
_____________ Courses / UNISA
an influence / 2023
on the / Semester
business 1 / MNB1501-23-S1
and the management / Welcome Message / Assessment 6
of businesses.



Select one:
a. institutional/governmental; directly 
b. social; directly
c. institutional/governmental; indirectly
d. social; indirectly



The correct answer is: institutional/governmental; indirectly




Question 9

Correct

Mark 1.00 out of 1.00




What step in the stakeholder-engagement process is SAB involved in if they co-develop the engagement plan, including the agenda and
logistics, to meet the engagement objectives?



Select one:
a. Engage
b. Apply
c. Design 
d. Evaluate



The correct answer is: Design




Question 10
Correct

Mark 1.00 out of 1.00




Deciding on what is right and wrong in the workplace within a business is referred to as ___________.



Select one:
a. sustainable development
b. corporate governance
c. business ethics 
d. corporate social responsibility



The correct answer is: business ethics




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 4/9

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Uploaded on
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