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MNB1501 ASSIGNMENT 1 TO 3 EXPECTED SOLUTIONS
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FEND TUTORIALSMNB1501
ASSIGNEMENTS 1 TO 3
EXPECTED SOLUTIONS
SEMESTER2 YEAR 2022
Windows
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My courses
MNB1501-22-S2
Welcome to MNB1501
Assessment 1
Started on Tuesday, 9 August 2022, 9:00 PM
State Finished
Completed on Wednesday, 10 August 2022, 6:13 PM
Time taken 21 hours 12 mins
Marks 17.00/20.00
Grade 85.00 out of 100.00
Question 1
Correct
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Question text
A reason for the success of Southwest Airlines lies in the treatment of the airline’s
personnel. Management believes that when employees are treated well, they will treat
customers well, providing a beneficial situation for all stakeholders. Southwest Airlines’
wages are generally lower than those of its competitors but the company sweetens the deal
by making stock options available to employees, enabling them to benefit from the airline’s
financial success.
The personnel at Southwest Airlines are part of the _________________ resources that make up
the business.
a.
natural
b.
physical
c.
capital
,d.
human
Feedback
Your answer is correct.
The correct answer is:
human
Question 2
Correct
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Question text
Sipho is the owner of a small tuck shop in Diepsloot. He started the tuck shop as a way of
earning money so that his family can survive. His business is not registered and, therefore,
Sipho does not pay rates or taxes. Sipho’s tuck shop forms part of the __________ sector.
a.
informal
b.
formal
c.
non-profit
d.
illegal
Feedback
Your answer is correct.
The correct answer is:
informal
Question 3
Correct
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Question text
The voluntary compliance of businesses with practices that are sustainable is known as
___________________.
a.
business ethics
b.
consumerism
c.
corporate sustainability
d.
corporate social responsibility
Feedback
Your answer is correct.
The correct answer is:
corporate social responsibility
Question 4
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Question text
In a country such as South Africa, the most important characteristic of the business world
in which it operates includes ___________________ .
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