MNB2601 EXAM PACK 2023

MNB2601
EXAM PACK
2023

QUESTIONS
AND
ANSWERS

, MNB2601/202/1/2020
MNB2601/201/2/2020




Business Management by Portfolio

MNB2601

Semester 2

Department of Business Management

IMPORTANT INFORMATION

This tutorial letter contains comments on Assignment 01
for the second semester.




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, MNB2601/201/2/2020

TABLE OF CONTENTS


1 INTRODUCTION………….................................................................................................3


2 COMMENTS ON ASSIGNMENT 01….………………………………………………………..3


3 SOLUTIONS TO ASSIGNMENT 01.…………………………….………………………..........3


4 CONCLUSION……………………………………………………………………………............19




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, MNB2601/201/2/2020
Dear Student

1 INTRODUCTION
This tutorial letter provides feedback on the answers to the multiple-choice questions of Assignment
01 for Semester 2 of 2020. The 20 multiple-choice questions covered the content of the prescribed
book and study guide. You are urged to study this feedback together with the corresponding
references in the prescribed book and study guide. If youhave any queries, please contact us.



2 COMMENTS ON ASSIGNMENT 01

Below we provide the correct answer for each question in Assignment 01 and refer you to the relevant
section in the prescribed book or study guide to justify the correct option for each
question.



3 SOLUTIONS TO ASSIGNMENT 01
Question 1

The six development phases in the evolution of management theory that have led to the
development of Business Management by Portfolio are the (i) ; (ii) ; (iii) (iv)
; (v) and (vi) theories of management.

1. (i) contingency; (ii) behavioural; (iii) quality; (iv) quantitative (v) systems; (vi); classical
2. (i) classical; (ii) behavioural; (iii) quantitative; (iv) quality; (v) contingency; (vi) systems
3. (i) classical; (ii) behavioural; (iii) quality; (iv) quantitative (v) systems; (vi) contingency
4. (i) classical; (ii) behavioural; (iii) quantitative; (iv) quality; (v) systems; (vi) contingency

The correct answer is Option 4.
Refer to section 1.1 of the prescribed book which gives an overview of the six development phases
in the evolution of the management theory. They preceded the seventh phase called business
management by portfolio. You need to have a good understanding of the six phases which are
the:
 classical approach to management
 behavioural approach to management
 quantitative management theory
 quality movement
 systems approach to management
 contingency theory
 business management by portfolio, the most recent one

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