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Here are the best resources to pass MNB 1501 ASSIGNMENT 1. Find MNB 1501 ASSIGNMENT 1 study guides, notes, assignments, and much more.
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MNB 1501 ASSIGNMENT 1
Exam (elaborations) • 6
pages
• 2021
QUESTION 1

The primary purpose in a free-market system is _______________________ while satisfying the needs

of the people.

1 to work for the glory of the state

2 to ensure sustainability

3 to make a profit (Refer to Section 1.4.2 in the textbook)

4 to adhere to the ethics code of conduct

QUESTION 2

The economy in which Vodacom and MTN function is characterised by intense competition and rivalry.

What type of economy is this?

1 Free-market economy (Refer to Section 1.4.2 in the textboo...
QUESTION 1

The primary purpose in a free-market system is _______________________ while satisfying the needs

of the people.

1 to work for the glory of the state

2 to ensure sustainability

3 to make a profit (Refer to Section 1.4.2 in the textbook)

4 to adhere to the ethics code of conduct

QUESTION 2

The economy in which Vodacom and MTN function is characterised by intense competition and rivalry.

What type of economy is this?

1 Free-market economy (Refer to Section 1.4.2 in the textboo...
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