MAC2602 ASSIGNMENT 1
PLEASE READ THIS :
• DIFFERENT SETS OF QUESTIONS AND ANSWERS WITH
DETAILED CALCULATIONS.
• FAMILIARISE YOURSELF WITH THE DOCUMENT
BEFORE ATTEMPTING THE ASSESSMENT SO YOU CAN
SPOT SIMILARITIES.
• THIS IS ONLY A GUIDE , SCENARIOS CHANGE but what’s
being tested is the same so avoid typing the whole question
• FOR SCENARIOS WITH CALCULATIONS → when searching
the document USE KEYWORDS (i.e. ‘beginning of each year’ ( or
end) / ‘ value’/ ‘ indefinite’ / ‘ Present value’ / ‘ total interest’ ect
Started on Thursday, 31 August 2023, 2:21 PM
State Finished
Completed on Thursday, 31 August 2023, 3:20 PM
Time taken 59 mins 31 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
, SET 1 OF 5
Question 1
Correct
Mark 2.00 out of 2.00
Flag question
Question text
Which combination of the following statements indicate elements that should form part of an organisations’
strategy to facilitate the achievement of the purpose and realisation of the vision of an organisation?
(1) A broad conceptual knowledge of the operating environment of the organisation should be displayed in
the formulation of the strategy.
(2) The activities that are chosen should be aligned and fit one another to lead to success.
(3) The choice of activities should provide a competitive advantage.
(4) The strategies should be based on the organisation’s core values.
(5) Decisions should also be made about which activities not to choose.
Select one:
a.
Statements (1), (2) and (4)
b.
Statements (1), (3), and (4)
c.
Statements (1), (2), (3), (4) and (5)
d.
Statements (2), (3), (4) and (5)
, Question 2
Correct
Mark 2.00 out of 2.00
Remove flag
Question text
When considering Porters five forces model, which ONE of the following would be evidence that suppliers have
high bargaining power?
Select one:
a.
The supplier’s product is not differentiated.
b.
There is a threat of a lot of alternatives or substitute products.
c.
The buyers/customers are not important to the supplier – they are relatively small compared to the supplier.
d.
There are many suppliers of the same product.
PLEASE READ THIS :
• DIFFERENT SETS OF QUESTIONS AND ANSWERS WITH
DETAILED CALCULATIONS.
• FAMILIARISE YOURSELF WITH THE DOCUMENT
BEFORE ATTEMPTING THE ASSESSMENT SO YOU CAN
SPOT SIMILARITIES.
• THIS IS ONLY A GUIDE , SCENARIOS CHANGE but what’s
being tested is the same so avoid typing the whole question
• FOR SCENARIOS WITH CALCULATIONS → when searching
the document USE KEYWORDS (i.e. ‘beginning of each year’ ( or
end) / ‘ value’/ ‘ indefinite’ / ‘ Present value’ / ‘ total interest’ ect
Started on Thursday, 31 August 2023, 2:21 PM
State Finished
Completed on Thursday, 31 August 2023, 3:20 PM
Time taken 59 mins 31 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
, SET 1 OF 5
Question 1
Correct
Mark 2.00 out of 2.00
Flag question
Question text
Which combination of the following statements indicate elements that should form part of an organisations’
strategy to facilitate the achievement of the purpose and realisation of the vision of an organisation?
(1) A broad conceptual knowledge of the operating environment of the organisation should be displayed in
the formulation of the strategy.
(2) The activities that are chosen should be aligned and fit one another to lead to success.
(3) The choice of activities should provide a competitive advantage.
(4) The strategies should be based on the organisation’s core values.
(5) Decisions should also be made about which activities not to choose.
Select one:
a.
Statements (1), (2) and (4)
b.
Statements (1), (3), and (4)
c.
Statements (1), (2), (3), (4) and (5)
d.
Statements (2), (3), (4) and (5)
, Question 2
Correct
Mark 2.00 out of 2.00
Remove flag
Question text
When considering Porters five forces model, which ONE of the following would be evidence that suppliers have
high bargaining power?
Select one:
a.
The supplier’s product is not differentiated.
b.
There is a threat of a lot of alternatives or substitute products.
c.
The buyers/customers are not important to the supplier – they are relatively small compared to the supplier.
d.
There are many suppliers of the same product.
