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Exam (elaborations)

MNG2602 ASSIGNMENT 2 DUE 30 APRIL 2024

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Uploaded on
April 6, 2024
Number of pages
17
Written in
2023/2024
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1. MNG2602-24-S1
2. Assessment 2



QUIZ

Assessment 2
Open block drawer
Started on Saturday, 6 April 2024, 10:15 PM
State Finished
Completed on Saturday, 6 April 2024, 10:45 PM
Time taken 30 mins 5 secs
Grade 27.00 out of 30.00 (90%)
Question 1
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Question text
The second step in the strategic planning process is _______.




1.
formulating the organisation’s strategy


2.
analysing the organisation’s current situation


3.
implementing the organisation’s strategy


4.
establishing the organisation’s primary goals
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The correct answer is:
formulating the organisation’s strategy

Question 2
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Question text

,In the _______ type of culture there is an emphasis on entrepreneurship and respect for the
employee, and organisational structures that empower employees to make decisions are in place.


1.
individualistic


2.
inert


3.
clan


4.
adaptive
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The correct answer is:
adaptive

Question 3
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Question text
Match the stakeholders to the correct stakeholder description by using the drop down menu.




These stakeholders have ownership of a certain percentage of the Answer 1
organisation.
These stakeholders are responsible for using an organisation’s Answer 2
financial, capital and human resources to increase its performance.
Feedback
Your answer is incorrect. Review pp 41 to 42 of the textbook.
The correct answer is: These stakeholders have ownership of a certain percentage of the
organisation. → Stockholders,
These stakeholders are responsible for using an organisation’s financial, capital and human
resources to increase its performance. → Managers

Question 4
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, The utilitarian rule for ethical decision-making states that a decision should _______.




1.
distribute benefits and harm among people in a fair, equitable, and impartial manner


2.
be one that a manager has no hesitation about communicating to people outside the organisation


3.
produce the greatest good for the greatest number of people


4.
maintain and protect the fundamental rights and privileges of people
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The correct answer is:
produce the greatest good for the greatest number of people

Question 5
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Question text
The _______ functional activity in the value chain controls the movement of physical products
from inputs to distribution and delivery.


1.
production


2.
product development


3.
sales


4.
materials management
Feedback
Your answer is correct.
The correct answer is:
materials management

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