Started on Friday, 10 March 2023, 1:52 PM
State Finished
Completed on Friday, 10 March 2023, 2:29 PM
Time taken 37 mins 33 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Question 1
Correct
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Question text
The _____________________ function is responsible for acquiring all products and materials
that are required by the business to function profitably.
a.
operations
b.
purchasing and supply
c.
human resources
d.
general management
Feedback
Your answer is correct.
The correct answer is:
purchasing and supply
Question 2
Correct
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, Question text
Which one of the following is a disadvantage of a command economy?
a.
The environment is unstable.
b.
There are high social costs.
c.
Planning is difficult or impossible.
d.
State organisations can be unproductive.
Feedback
Your answer is correct.
The correct answer is:
Planning is difficult or impossible.
Question 3
Correct
Mark 1.00 out of 1.00
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Question text
Which one of the following are NOT criteria Robertson and Cronje, from Big Blue, would
have used to determine whether a good idea is an investment opportunity?
Select one:
a.
Increased market share
b.
A potential to grow.
c.
The timing must be right.
d.
State Finished
Completed on Friday, 10 March 2023, 2:29 PM
Time taken 37 mins 33 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
The _____________________ function is responsible for acquiring all products and materials
that are required by the business to function profitably.
a.
operations
b.
purchasing and supply
c.
human resources
d.
general management
Feedback
Your answer is correct.
The correct answer is:
purchasing and supply
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
, Question text
Which one of the following is a disadvantage of a command economy?
a.
The environment is unstable.
b.
There are high social costs.
c.
Planning is difficult or impossible.
d.
State organisations can be unproductive.
Feedback
Your answer is correct.
The correct answer is:
Planning is difficult or impossible.
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following are NOT criteria Robertson and Cronje, from Big Blue, would
have used to determine whether a good idea is an investment opportunity?
Select one:
a.
Increased market share
b.
A potential to grow.
c.
The timing must be right.
d.
