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MNB2601 EXAM PACK 2023
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MNB2601EXAM PACK
2023
QUESTIONS
AND
ANSWERS
, MNB2601/202/1/2020
MNB2601/201/2/2020
Business Management by Portfolio
MNB2601
Semester 2
Department of Business Management
IMPORTANT INFORMATION
This tutorial letter contains comments on Assignment 01
for the second semester.
1
, MNB2601/201/2/2020
TABLE OF CONTENTS
1 INTRODUCTION………….................................................................................................3
2 COMMENTS ON ASSIGNMENT 01….………………………………………………………..3
3 SOLUTIONS TO ASSIGNMENT 01.…………………………….………………………..........3
4 CONCLUSION……………………………………………………………………………............19
2
, MNB2601/201/2/2020
Dear Student
1 INTRODUCTION
This tutorial letter provides feedback on the answers to the multiple-choice questions of Assignment
01 for Semester 2 of 2020. The 20 multiple-choice questions covered the content of the prescribed
book and study guide. You are urged to study this feedback together with the corresponding
references in the prescribed book and study guide. If youhave any queries, please contact us.
2 COMMENTS ON ASSIGNMENT 01
Below we provide the correct answer for each question in Assignment 01 and refer you to the relevant
section in the prescribed book or study guide to justify the correct option for each
question.
3 SOLUTIONS TO ASSIGNMENT 01
Question 1
The six development phases in the evolution of management theory that have led to the
development of Business Management by Portfolio are the (i) ; (ii) ; (iii) (iv)
; (v) and (vi) theories of management.
1. (i) contingency; (ii) behavioural; (iii) quality; (iv) quantitative (v) systems; (vi); classical
2. (i) classical; (ii) behavioural; (iii) quantitative; (iv) quality; (v) contingency; (vi) systems
3. (i) classical; (ii) behavioural; (iii) quality; (iv) quantitative (v) systems; (vi) contingency
4. (i) classical; (ii) behavioural; (iii) quantitative; (iv) quality; (v) systems; (vi) contingency
The correct answer is Option 4.
Refer to section 1.1 of the prescribed book which gives an overview of the six development phases
in the evolution of the management theory. They preceded the seventh phase called business
management by portfolio. You need to have a good understanding of the six phases which are
the:
classical approach to management
behavioural approach to management
quantitative management theory
quality movement
systems approach to management
contingency theory
business management by portfolio, the most recent one
3
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