MNG3701 May/June Exam (COMPLETE ANSWERS) 2024

MNG3701 May/June Exam (COMPLETE ANSWERS) 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... MNG3701 MayJune 2024 Exam Answers MNG3701 MayJune 2024 Exam paper WITH Complete Answers PART A MARKS:[50] Question 1 [21 marks] 1.1 Discuss the concept of stakeholders. Your discussion should include the following: a). Define the term stakeholders and distinguish between the “narrow” and the “broader” view of stakeholders (6) b). Two examples of stakeholders and how Sasol adds value to these stakeholders. (4) 1.2 It is stated that two out of the 13 Board meetings were held to specifically discuss and debatethe Group’s strategic direction. One of the two statements that define strategic direction is avision statement. a). Formulate a vision statement for Sasol Limited (3) b). Evaluate whether the formulated vision statement meets the requirements of a good vision statement. Hint: Use a table with the following headings; Characteristics, Yes/No, Reason) when evaluating the vision statement(8) Question 2 [12 marks] 2.1 Identify TWO levels of strategy in business organisations that are mentioned in the case study with specific reference to the decision-making roles of managers. Indicate which manager makes which decisions. Provide an example of such decisions from the case study. Use a table like the one below to structure your answer: Level of strategy Manager who makes the decision Example of a decision(6) 2.2 Resources are the productive assets owned by organisations used to transform inputs to marketable outputs. DiscussANY THREE types of resources in relation to Sasol Limited and provide an example of each resource.(6) 5 MNG3701 May/June 2024 Question 3 [17 marks] 3.1 Use a suitable model to analyse the macro-environment of Sasol with specific reference to the case study. Hint: your analysis should only focus on four macro-environmental factors available in the case study. (12) 3.2 One of Sasol’s strategic goals include “The plans for meeting our 30% GHG reduction targetby 2030”. Use the SMART principle to evaluate the above-mentioned goal.(5) PART B 20 MARKS] Question 4 [20 marks] Essay question Write a one-page essay to discuss the concept of responsible management in relation to Sasol Limited. Your discussion should indicate what responsible management entails, whether Sasol Limited is a responsible organisation, remember to justify your arguments. Criteria Points for consideration Marks Content o Discussion of theory covers all main points of the topic and incorporates information from other sources.  An in-depth theoretical discussion of concepts is provided.  Application of theory is clear and well-focused and supported by relevant examples – examples relating to all concepts are included. 15 Technical requirements and organisation of content o The introduction provides a good opening, states the main topics and provides an overview of the essay. It connects well with the essay. o Headings and sub-headings are used, and the discussion is relevant. o At least three academic sources are used and acknowledged, with the correct referencing technique being applied. o Ameaningful conclusion that sums up the discussion is provided. TOTAL: 70 marks © UNISA 2024