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MNB1501 Assignment 2 Semester 1 2025

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MNB1501 Assignment 2 Semester 1 2025

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Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=241

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MNB1501-25-S1  Welcome Message  Assessment 2

QUIZ




Thursday, 6 March 2025, 8:34 PM
Finished
Thursday, 6 March 2025, 9:10 PM
35 mins 12 secs
26.00/30.00
out of 100.00



Correct

Mark 1.00 out of 1.00




_______________ is the ability to produce the desired outcome, while _______________
refers to utilising the smallest possible number of resources to achieve the desired
outcome.


a. Effectiveness; e�ciency 

b. E�ciency; effectiveness

c. Effectiveness; excellence

d. Excellence; e�ciency




Your answer is correct.

The correct answer is effectiveness; e�ciency. Effectiveness is the ability to
produce the desired outcome, while e�ciency refers to using the smallest possible
number of resources to achieve the desired outcome. Refer to section 6.2.
The correct answer is:
Effectiveness; e�ciency




1 of 16 2025/03/06, 21

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=241




Correct

Mark 1.00 out of 1.00




__________________ is the process of planning, organising, leading and controlling the
resources such as �nancial, human and physical resources of an organisation to
achieve stated goals as e�ciently as possible.


a. Budgeting

b. Shareholder

c. Management 

d. Business ownership




Your answer is correct.

The correct answer is management. Management is the process of planning,
organising, leading and controlling the resources such as �nancial, human and
physical resources of an organisation to achieve stated goals as e�ciently as
possible. Refer to section 6.2.
The correct answer is:
Management




Correct

Mark 1.00 out of 1.00




Top-level managers develop ____________ plans to develop ___________ goals.


a. tactical; short-term

b. strategic; short-term

c. strategic; long-term 

d. tactical; medium-term




Your answer is correct.

The correct answer is strategic; long-term. The main responsibility of top
management is to develop strategic plans and long-term goals for the organisation
by focusing on issues, such as the industries, to compete in; the way market share
will be improved and actions to be implemented to invest. Refer to section 6.4.
The correct answer is:
strategic; long-term




2 of 16 2025/03/06, 21

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=241




Incorrect

Mark 0.00 out of 1.00




Taskeen Aboobaker is the operations manager for a retail company. He arranges
quarterly meetings with his subordinates to update them about the performance of
the company and motivates them to work to reach their objectives. He regularly
collaborates with his subordinates on different projects to assist them in reaching
their individual and organisation goals. Which one of the following levels of
management does Taskeen form part of at the retail company?


a. top management 

b. lower management

c. senior management

d. middle management




Your answer is incorrect.

The correct answer is middle management. Operations managers are at the middle
level management and focus on their functional areas of management. Refer to
sections 6.4 and 6.5.
The correct answer is:
middle management




Correct

Mark 1.00 out of 1.00




Perry Addae is a supervisor at Waamiq Engineering and is responsible for assigning
employees to different teams. Which one of the following roles of managers is
associated with the task of assigning employees to different teams according to
their knowledge, skills and experience?


a. leader

b. monitor

c. allocator of resources 

d. representative �gure




Your answer is correct.

The correct answer is allocation of resources. The role of resource allocation
encompasses allocating �nancial, human and other organisational resources to
various activities. Refer to table 6.1.
The correct answer is:
allocator of resources




3 of 16 2025/03/06, 21

,Assessment 2: Attempt review https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=241




Correct

Mark 1.00 out of 1.00




In addition to their many roles, CEOs are expected to ful�l an interpersonal role in the
organisation. This role involves which of the following activities?


a. monitor; leader; representative �gure

b. representative �gure; leader; maintaining good relations 

c. entrepreneur; leader; spokesman

d. entrepreneur; trouble-shooter; negotiator




Your answer is correct.

The correct answer is representative �gure; leader; maintaining good relations. The
interpersonal role includes being a �gurehead, leader and liaison person. Refer to
Table 6.1.
The correct answer is:
representative �gure; leader; maintaining good relations




Incorrect

Mark 0.00 out of 1.00




The marketing manager will consider which of the following key aspects when
developing tactical plans:


a. Suppliers; policy on creditors; sources of raw materials

b. Improvement of productivity; location problems; legislation 

c. Policy on debtors; dividends; capital structure

d. Product line; market position; distribution channels




Your answer is incorrect.

The correct answer is marketing manager will consider the product lines; market
position; distribution channels. Refer to table 7.1.
The correct answer is:
Product line; market position; distribution channels




4 of 16 2025/03/06, 21

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