MNB1601 ASSIGNMENT 2
FOR SEMESTER 1 2025
YEAR: 2025
,Question 1
Answer saved
Marked out of 1.00
Flag question
Question text
If IBM decided to increase their profitability by looking at the return on assets, which one of the
following options would be an appropriate suggestion?
Select one:
a.
Disinvest non-core business units.
b.
Reduce operation expenses.
c.
Stock products with a faster turnover rate.
d.
Buy back shares.
Clear my choice
Question 2
Answer saved
Marked out of 1.00
Flag question
Question text
The importance of production and operations management (POM) and the operations system
becomes clear when your life depends on it. No airline passenger would want to know that some
airlines, airports or aircraft are bad and some are good. There should only be one standard of
excellence, especially when a plane is airborne. To ensure that a standard of excellence is achieved
by an airline, it is necessary to engage in quality planning and control. Which one of the following
best represents the aim of quality planning and control?
Select one:
a.
To ensure that the entire business contributes to the quality management objectives.
b.
To ensure that the products or services that are manufactured or provided conform to or satisfy
design specifications.
, c.
To define the quality of products or services in terms of what the customer expects of the product or
service.
d.
To determine if the quality of the inventory purchased is sufficient to manufacture or deliver the
service as required by the business.
Clear my choice
Question 3
Answer saved
Marked out of 1.00
Flag question
Question text
Karyn owns a home-scent business. Karyn is responsible for purchasing all the materials required to
produce the business' candles whereas as her partner, Kagiso, is responsible for purchasing all the
materials required to produce the business' bath melts. They have recently appointed Shamila who is
responsible for purchasing the materials required to produce their new diffuser line of scents. This is
an example of a/an _________________ .
Select one:
a.
specialist group
b.
decentralised purchasing structure
c.
informal structure
d.
cross-functional team
Clear my choice
Question 4
Answer saved
Marked out of 1.00
Flag question
Question text
In modern organisations like Toyota the purchasing function forms an inherent and integrative part of
an integrated supply chain. A supply chain consists of purchasing (inputs or sourcing), the
operational process (assembling or transformation) and distribution of half-finished or finished
FOR SEMESTER 1 2025
YEAR: 2025
,Question 1
Answer saved
Marked out of 1.00
Flag question
Question text
If IBM decided to increase their profitability by looking at the return on assets, which one of the
following options would be an appropriate suggestion?
Select one:
a.
Disinvest non-core business units.
b.
Reduce operation expenses.
c.
Stock products with a faster turnover rate.
d.
Buy back shares.
Clear my choice
Question 2
Answer saved
Marked out of 1.00
Flag question
Question text
The importance of production and operations management (POM) and the operations system
becomes clear when your life depends on it. No airline passenger would want to know that some
airlines, airports or aircraft are bad and some are good. There should only be one standard of
excellence, especially when a plane is airborne. To ensure that a standard of excellence is achieved
by an airline, it is necessary to engage in quality planning and control. Which one of the following
best represents the aim of quality planning and control?
Select one:
a.
To ensure that the entire business contributes to the quality management objectives.
b.
To ensure that the products or services that are manufactured or provided conform to or satisfy
design specifications.
, c.
To define the quality of products or services in terms of what the customer expects of the product or
service.
d.
To determine if the quality of the inventory purchased is sufficient to manufacture or deliver the
service as required by the business.
Clear my choice
Question 3
Answer saved
Marked out of 1.00
Flag question
Question text
Karyn owns a home-scent business. Karyn is responsible for purchasing all the materials required to
produce the business' candles whereas as her partner, Kagiso, is responsible for purchasing all the
materials required to produce the business' bath melts. They have recently appointed Shamila who is
responsible for purchasing the materials required to produce their new diffuser line of scents. This is
an example of a/an _________________ .
Select one:
a.
specialist group
b.
decentralised purchasing structure
c.
informal structure
d.
cross-functional team
Clear my choice
Question 4
Answer saved
Marked out of 1.00
Flag question
Question text
In modern organisations like Toyota the purchasing function forms an inherent and integrative part of
an integrated supply chain. A supply chain consists of purchasing (inputs or sourcing), the
operational process (assembling or transformation) and distribution of half-finished or finished
