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Exam (elaborations)

Mnb1501 Assignment 1 semester 1 2024

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Uploaded on
February 9, 2023
File latest updated on
March 8, 2024
Number of pages
109
Written in
2022/2023
Type
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3/1/24, 12:10 PM Assessment 1: Attempt review




UNISA  2024  MNB1501-24-S1  Welcome Message  Assessment 1

QUIZ




Started on Friday, 1 March 2024, 11:52 AM
State Finished
Completed on Friday, 1 March 2024, 12:10 PM 1 5 0
Time taken 17 mins 21 secs
Marks
out of 100.00
1 3 0
Question 1
Incorrect

Mark 0.00 out of 1.00




Pirates Soccer Club can be classi ed as a ________________.


a. private enterprise

b. public corporation

c. non-pro t-seeking organisation 

d. government organisation




Your answer is incorrect.
The correct answer is:
private enterprise




Question 2
Correct

Mark 1.00 out of 1.00




Transnet is an example of a ______.


a. non-pro t organisation

b. public corporation 

c. privately owned enterprise

d. personal liability company




Your answer is correct.

The correct answer is:
public corporation




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15068581&cmid=844988 1/12

,3/1/24, 12:10 PM Assessment 1: Attempt review

Question 3

Correct

Mark 1.00 out of 1.00




South Africa’s unemployment rate is very high. Should South Africa move towards a
pure ______________ economy, one of the advantages would be the possibility of full
employment.


a. market

b. socialist 

c.
command



d. communist




Your answer is correct.

The correct answer is:
socialist




Question 4
Correct

Mark 1.00 out of 1.00




If SAB were to introduce a rewards programme whereby employees who performed
very well every month are given recognition and nancial incentives, which needs of
their employees would the company be satisfying?


a. esteem 



b. physiological

c. self-actualisation

d. security




Your answer is correct.
The correct answer is:


esteem




https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15068581&cmid=844988 2/12

, 3/1/24, 12:10 PM Assessment 1: Attempt review

Question 5

Correct

Mark 1.00 out of 1.00




When an economy is a combination of private enterprise, government ownership of
resources and government planning of the economy, this is called a ___.


a. free-market economy

b. command economy

c. mixed economy 

d. socialist economy




Your answer is correct.

The correct answer is:
mixed economy




Question 6
Correct

Mark 1.00 out of 1.00




Which social force protects consumers against malpractice and unsafe products
from businesses?


a. Consumerism 

b. Business ethics

c.
Social responsibility



d. Consumer ethics




Your answer is correct.
The correct answer is:
Consumerism




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