FACULTY/COLLEGE College of Business and Economics
SCHOOL School of Management
DEPARTMENT Business Management
CAMPUS APK / DFC / SWC / APB
MODULE NAME Business Management 1A
MODULE CODE BMA11A1
SEMESTER First
ASSESSMENT OPPORTUNITY, Final Summative Assessment A
MONTH AND YEAR
ASSESSMENT DATE
ASSESSORS Dr A Mphahlele, Ms N Mitchley, Ms A Akhalwaya, Mr S
Mkwanazi
MODERATOR Prof N Meyer
DURATION 2 hours TOTAL MARKS 100
NUMBER OF PAGES OF QUESTION PAPER (Including cover page) 14
INFORMATION/INSTRUCTIONS:
• This is a closed-book assessment.
• Question papers must be handed in together with your answer books.
• Read the questions carefully and answer only what is asked.
• Answer all the questions:
o Answer Section A on the multiple-choice sheet provided. Indicate the correct
answer as per the instructions on the multiple-choice sheet.
o Answer Section B in the answer book.
• Number your answers clearly.
• Write neatly and legibly on both sides of the paper in the answer book, starting on the
first page.
• Structure your answers by using appropriate headings and subheadings.
• The general University of Johannesburg policies, procedures and rules pertaining to
written assessments apply to this assessment.
Page 1 of 14
, Final Summative Assessment A BMA11A1
_________________________________________________________________________________
SECTION A [40 MARKS]
QUESTION 1
Envito Properties decides to start a residential landscaping business. How would this
business most likely be classified?
A. Manufacturing business
B. Marketing intermediary
C. Service business
D. Company
E. Non-profit organisation
QUESTION 2
The study of an individual's economic decisions would be an example of __________.
A. macroeconomics
B. microeconomics
C. fiscal policy
D. monetary policy
E. national economic policy
QUESTION 3
When Tiger Brands and a few other companies dominate the South African cereal
market, this is an example of __________.
A. pure competition
B. monopolistic competition
C. oligopoly
D. natural monopoly
E. monopoly
QUESTION 4
As Veronica Jantjies and her friends prepare to graduate from university, they are
faced with numerous job offers with starting salaries better than they could have
imagined when they began university four years ago. Based on this information, which
stage of the business cycle would the economy be in?
A. Depression
B. Peak
C. Recession
D. Trough
E. Competitive
_________________________________________________________________________________
Page 2 of 14
SCHOOL School of Management
DEPARTMENT Business Management
CAMPUS APK / DFC / SWC / APB
MODULE NAME Business Management 1A
MODULE CODE BMA11A1
SEMESTER First
ASSESSMENT OPPORTUNITY, Final Summative Assessment A
MONTH AND YEAR
ASSESSMENT DATE
ASSESSORS Dr A Mphahlele, Ms N Mitchley, Ms A Akhalwaya, Mr S
Mkwanazi
MODERATOR Prof N Meyer
DURATION 2 hours TOTAL MARKS 100
NUMBER OF PAGES OF QUESTION PAPER (Including cover page) 14
INFORMATION/INSTRUCTIONS:
• This is a closed-book assessment.
• Question papers must be handed in together with your answer books.
• Read the questions carefully and answer only what is asked.
• Answer all the questions:
o Answer Section A on the multiple-choice sheet provided. Indicate the correct
answer as per the instructions on the multiple-choice sheet.
o Answer Section B in the answer book.
• Number your answers clearly.
• Write neatly and legibly on both sides of the paper in the answer book, starting on the
first page.
• Structure your answers by using appropriate headings and subheadings.
• The general University of Johannesburg policies, procedures and rules pertaining to
written assessments apply to this assessment.
Page 1 of 14
, Final Summative Assessment A BMA11A1
_________________________________________________________________________________
SECTION A [40 MARKS]
QUESTION 1
Envito Properties decides to start a residential landscaping business. How would this
business most likely be classified?
A. Manufacturing business
B. Marketing intermediary
C. Service business
D. Company
E. Non-profit organisation
QUESTION 2
The study of an individual's economic decisions would be an example of __________.
A. macroeconomics
B. microeconomics
C. fiscal policy
D. monetary policy
E. national economic policy
QUESTION 3
When Tiger Brands and a few other companies dominate the South African cereal
market, this is an example of __________.
A. pure competition
B. monopolistic competition
C. oligopoly
D. natural monopoly
E. monopoly
QUESTION 4
As Veronica Jantjies and her friends prepare to graduate from university, they are
faced with numerous job offers with starting salaries better than they could have
imagined when they began university four years ago. Based on this information, which
stage of the business cycle would the economy be in?
A. Depression
B. Peak
C. Recession
D. Trough
E. Competitive
_________________________________________________________________________________
Page 2 of 14
