BSM1501 ASSIGNMENT 5 SEMESTER 1 2024 (5 different attempt)

,UNISA  2024  BSM1501-24-S1  ASSESSMENTS  Assessment 6

QUIZ




Started on Tuesday, 28 May 2024, 6:48 PM
State Finished
Completed on Tuesday, 28 May 2024, 7:24 PM
Time taken 36 mins 46 secs
Marks 37.90/50.00
Grade 22.74 out of 30.00 (75.8%)


Question 1
What is the primary purpose of a cash budget in business planning?
Complete

Mark 1.00 out of a. To list all financial transactions.
1.00
b. To calculate the cost of sales.
c. To summarise income and expenditure over a specific period.

d. To forecast future receipts and payments of cash.




Question 2
Which factor is crucial for a manufacturing enterprise, when considering the location of its
Complete establishment?
Mark 1.00 out of
1.00
a. Cumulative attraction

b. Visibility
c. Accessibility

d. Proximity to raw materials




Question 3
Industry is often guilty of air, water and noise pollution resulting from their manufacturing processes.
Complete
This can be seen as part of the _______ environment.
Mark 1.00 out of
1.00


a. physical



b. economic

c.
social



d. political

,Question 4
It is extremely important to calculate the market share as accurately as possible, as it has a direct
Complete influence on the calculation of an enterprise’s _______.
Mark 0.00 out of
1.00
a. expenses

b. income
c. selling price

d. cost price




Question 5
The part of the market that an enterprise could serve on the basis of the production capacity and the
Complete state of the country’s economy is known as the _______.
Mark 0.00 out of
1.00
a. target market
b. market segment

c. market share

d. total potential market




Question 6
Which type of thinking is essential for the novelty of creative products?
Complete

Mark 1.00 out of a. Divergent thinking
1.00
b. Convergent thinking
c. Analytical thinking

d. Logical thinking




Question 7
What does innovation involve?
Complete

Mark 1.00 out of a. The creation, development and implementation of a new product, process or service, with the
1.00
aim of improving efficiency and effectiveness, or gaining a competitive advantage.
b. The willingness to take calculated risks.

c. The identification of new products or opportunities.

d. The organisation and control of resources of capital, labour and materials, to realise a profit.




Question 8 What is the ability to consider a topic in various ways and come up with something new called?
Complete

Mark 1.00 out of a. Analytical thinking
1.00
b. Logical thinking
c. Convergent thinking

d. Divergent thinking

, Question 9
Aptitude refers to _______.
Complete

Mark 1.00 out of
1.00
a. manual work and can be learned



b.
natural born talents



c.
the knowledge you acquire through experience



d.
training or formal studies




Question 10
What is the second stage in the creation of an enterprise?
Complete

Mark 0.00 out of a. The planning stage
1.00
b. The idea stage

c. The evaluation stage
d. The implementation stage




Question 11
What is the market environment defined as?
Complete

Mark 0.00 out of a. The sum total of all factors that influence the enterprise
1.00
b. The external factors that influence the enterprise

c. The link between the enterprise and the macro-environment
d. The internal factors that influence the enterprise




Question 12 Making use of special offers forms part of which marketing communication element?
Complete

Mark 1.00 out of a. Advertising
1.00
b. Personal sales
c. Publicity

d. Sales promotion