MNB1501 ASSIGNMENT 3 FOR 2023

MNB1501
ASSIGNMENT 3 FOR SEMESTER 1 2023




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 MNB1501-23-S1
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 Assessment 3

Started on Friday, 10 March 2023, 8:20 AM
State Finished
Completed on Friday, 10 March 2023, 8:58 AM
Time taken 38 mins 5 secs
Marks 15.00/20.00
Grade 75.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00




Flag question
Question text
Corporate governance is essentially about __________________.

Select one:

a.
effective leadership

b.
the company’s core business activities

c.
the creation of employment and training opportunities

d.
the company’s contribution through its engagement in public policy
Feedback
The correct answer is: effective leadership

Question 2
Correct
Mark 1.00 out of 1.00

, Flag question
Question text
African Bank was placed under curatorship by the South African Reserve Bank. The Bank's
managers granted many bad loans to too many South Africans who could not afford to pay
them back. Because the Bank had not asked borrowers to put up their car or any other
assets as collateral, it was left with a deficit in its balance sheet when they failed to pay.
African Bank needs R8.5 billion in new capital. The future of African Bank looks bleak and
the stakeholders are very concerned about the future of the Bank. Which of the following
could be described as African Bank’s primary stakeholders?


a shareholders
b the media
c Capitec Bank
d African Bank customers

Select one:

a.
a and d


b.
a and b


c.
b and c


d.
c and d
Feedback
The correct answer is: a and d

Question 3
Correct
Mark 1.00 out of 1.00