MNB1501 ASSIGNMENT 4 SEMESTER 2
Closes: Thursday, 3 October 2024, 9:00 PM
PASS WITH DISTINCTIONS. FORTIS PASSUM
FOR FURTHER ASSISTANCE WITH ECONOMICS,
MANAGEMENT, ACCOUNTING, TAXATION EDUCATION@ LLB
MODULES.
CALL/WHATSAAP0816884518/0816884519
EMAIL:
, 1. MNB1501-24-S2
2. Welcome Message
3. Assessment 4
Quiz
Assessment 4
Open course index
Started on Thursday, 12 September 2024, 9:58 PM
State Finished
Completed on Thursday, 12 September 2024, 10:02 PM
Time taken 4 mins 15 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
______________ is a management process whereby organisational goals are formulated. This
process entails a systematic and clear description of the direction that a business must take to
accomplish its organisational goals.
a.
Leading
b.
Control
c.
Planning
d.
Strategising
Feedback
Your answer is correct.
The correct answer is planning. Planning is a management process whereby organisational goals are
formulated. This process entails a systematic and clear description of the direction that a business
must take to accomplish its organisational goals. Refer to section 7.1.
, The correct answer is:
Planning
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
If Hungry Lion were to take over its suppliers of chickens to ensure a better quality of supply. This
long-term strategy would be known as _____________________.
a.
innovation
b.
vertical integration
c.
product development
d.
horizontal integration
Feedback
Your answer is correct.
The correct answer is vertical integration. Vertical integration refers to a business strategy of taking
over organisations that supply a business with inputs, or those that act as the intermediaries of a
business. Refer to section 7.7.1.
The correct answer is:
vertical integration
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which specific corporate strategy involves taking over other businesses that provide raw materials or
act as outlets?
a.
horizontal integration
Closes: Thursday, 3 October 2024, 9:00 PM
PASS WITH DISTINCTIONS. FORTIS PASSUM
FOR FURTHER ASSISTANCE WITH ECONOMICS,
MANAGEMENT, ACCOUNTING, TAXATION EDUCATION@ LLB
MODULES.
CALL/WHATSAAP0816884518/0816884519
EMAIL:
, 1. MNB1501-24-S2
2. Welcome Message
3. Assessment 4
Quiz
Assessment 4
Open course index
Started on Thursday, 12 September 2024, 9:58 PM
State Finished
Completed on Thursday, 12 September 2024, 10:02 PM
Time taken 4 mins 15 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
______________ is a management process whereby organisational goals are formulated. This
process entails a systematic and clear description of the direction that a business must take to
accomplish its organisational goals.
a.
Leading
b.
Control
c.
Planning
d.
Strategising
Feedback
Your answer is correct.
The correct answer is planning. Planning is a management process whereby organisational goals are
formulated. This process entails a systematic and clear description of the direction that a business
must take to accomplish its organisational goals. Refer to section 7.1.
, The correct answer is:
Planning
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
If Hungry Lion were to take over its suppliers of chickens to ensure a better quality of supply. This
long-term strategy would be known as _____________________.
a.
innovation
b.
vertical integration
c.
product development
d.
horizontal integration
Feedback
Your answer is correct.
The correct answer is vertical integration. Vertical integration refers to a business strategy of taking
over organisations that supply a business with inputs, or those that act as the intermediaries of a
business. Refer to section 7.7.1.
The correct answer is:
vertical integration
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which specific corporate strategy involves taking over other businesses that provide raw materials or
act as outlets?
a.
horizontal integration
