MNO2601 - ASSESSMENT 2 - EXPECTED QUESTIONS AND ANSWERS - SEMESTER 2 - 2024

2024 – S1 – MNO2601 – ASSESSMENT 2 – Q&A



Assessment 2
Started on Saturday, 9 March 2024
State Finished
Completed on Saturday, 9 March 2024,
Time taken
Marks 15.00/15.00
Grade 93.33 out of 100.00


Question 1

Fill in the missing work of the following statement. Answer is the degree to
which the output of the production process is related to market needs.

Feedback
The correct answer is: effectiveness



Question 2
The aim of productivity measurement is to determine the expenses that are allocated to
various production factors.

Select one:

True

False X

Feedback
Productivity measurement is the first step in the process of productivity improvement
and its function is to monitor and provide information on the financial standing of the
business; the financial standing may vary according to changes in productivity over a
period of time, whether from one month to the next or from one financial quarter to the
next.

The correct answer is 'True'.

1

, 2024 – S1 – MNO2601 – ASSESSMENT 2 – Q&A


Question 3
Productivity improvement will always result in unemployment.

Select one:

True

False

Feedback
The correct answer is 'False'.



Question 4
Cost reduction does not necessarily mean higher productivity.

Select one:

True

False

Feedback
The correct answer is 'True'.



Question 5
According to Stevenson, productivity equals:



a.
output/input



b.
input/output



c.
output-input

2