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Exam (elaborations)

MNG2601 ASSIGNMENT 2 SEMESTER 1 2024

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Uploaded on
February 8, 2024
File latest updated on
February 9, 2024
Number of pages
24
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers

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MNG2601-24-S1  TOPIC 2 PLANNING: A RESPONSIBLE APPROACH  Assessment 2


QUIZ




Started on Thursday, 8 February 2024, 10:23 PM
State Finished
Completed on Thursday, 8 February 2024, 10:31 PM
Time taken 7 mins 15 secs
Grade 15.00 out of 15.00 (100%)

Question 1

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Within an organisation’s remote environment, an organisation can identify _____ and turn it into _____.




a. weaknesses; competitive advantage

b. weaknesses; strengths

c. opportunities; strengths 

d. strengths; competitive advantage




Question 2

Correct

Mark 1.00 out of 1.00




The four functions of a manager are (i) _____; (ii) _____; (iii) _____; and (iv) _____.


a. planning; organising; co-ordinating; directing

b. planning; organising; leading; controlling 
c. envisioning; determining reporting lines; communicating; reporting

d. goal-setting; organising; directing; motivating

, Question 3

Correct

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Which one of the following can be considered a weakness in an organisation’s internal environment?


a. A decrease in the buying power of customers

b. A downturn in the economy of the country

c. An increase in the repo rate

d. An increase in bad debts of the organisation 



Question 4

Correct

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Which one of the following provides the best definition of the term sustainability?


a. To be more than you anticipated and planned for

b. To grow, mature, improve and progress

c. To adhere to one’s duties in the present and future

d. To maintain, to keep being, to preserve and to support, with structures to hold on to 



Question 5

Correct

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Consider the following list of variables to answer question:

1 The mission statement

2 Objectives of the organisation

3 Economic environment

4 Organisational resources

5 Social environment

6 Customers

7 The labour market and labour unions

8 Intermediaries

Which of the variables listed originate from an organisation’s market environment?




a. 5, 6, 7

b. 6, 7, 8 

c. 5, 6, 7, 8

d. 3, 4, 5

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