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Exam (elaborations)

MAC2602 ASSIGNMENT 2 SEMESTER 1 2023

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MAC2602: Assignment 2 of Semester 1 2023
The development of an organisation’s strategy is influenced by different internal and
external environmental factors. Which ONE of the following combinations are ALL
correct factors that will have an influence on the development of strategy regarding the
internal environment of an organisation?
(a) Corporate culture, technological environment, controls at organisation level and
political environment.
(b) Social environment, economic environment, organisational leadership, HR policies
and corporate culture.
(c) HR policies, controls at organisation level, industrial relations, and corporate culture.
(d) Organisational leadership, political environment, competitive environment, and
social environment.




Select one:

a.
Social environment, economic environment, organisational leadership, HR policies and
corporate culture.


b.
Organisational leadership, political environment, competitive environment, and social
environment.


c.
Corporate culture, technological environment, controls at organisation level and political
environment.


d.
HR policies, controls at organisation level, industrial relations, and corporate
culture.

,The role of financial managers shifted from being scorekeepers. Since this shift the focus
of the financial manager became ________________?
(a) the acquiring of funds as well as the use of these funds by applying general
management principles.
(b) the planning, organising and control of the financial activities of a business.
(c) the management and control of money and money-related operations within a
business.
(d) to contribute with his/her financial knowledge and skills towards the long-term
creation of sustainable wealth for the owners/investors of the business.




Select one:

a.
the acquiring of funds as well as the use of these funds by applying general
management principles.




b.
to contribute with his/her financial knowledge and skills towards the long-term
creation of sustainable wealth for the owners/investors of the business.




c.
the planning, organising and control of the financial activities of a business.


d.
the management and control of money and money-related operations within a business.

, The ttheory that relates to the situation when conflict develop between the self-interest
of the managers and their task to maximise the long-term wealth for the shareholders is
known as __________?
(a) Limited liability theory
(b) Contingency theory
(c) Conflict theory
(d) Agency theory




Select one:

a.
Agency theory




b.
Conflict theory




c.
Contingency theory




d.
Limited liability theory



Which ONE of the following options is TRUE regarding the criticism against the dividend
growth model.
(a) The valuation formula should be restated to calculate the expected rate that
investors will require (ke).
(b) The constant growth model is not based on the return that the investor is prepared
to accept on the investment.
(c) The expected growth rate in dividends is predicted by the shareholders.
(d) The expected growth rate in dividends is uncertain and it is not realistic to assume
that it will stay constant.

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