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MNB1501 ASSIGNMENT 03 SEMESTER 1 2024 (539158)
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MNB1501 ASSIGNMENT 03 SEMESTER 1 2024
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Varsity College BCOM Year 1 Business Management 1A LU 10
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Website: www.sirmthembu.store | 0617568718/0670276883 | Email: info@sirmthembu.storeMNB1501 ASSIGNMENT 03_SEMESTER 1_2024
Started on Monday, 25 March 2024, 9:32 AM
State Finished
Completed on Monday, 25 March 2024, 9:52 AM
Time taken 20 mins 29 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
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Question text
Sasol runs its business on coal, natural gas, crude oil and water. It has a responsibility to
recognise that its business activities have a direct impact on_____________.
a.
company’s core business activities
b.
cost-effective business management
c.
society and the natural environment
d.
management of its legal environment
Feedback
Your answer is correct.
The correct answer is society and the natural environment. Within the business context,
corporate social responsibility is a concept that recognises that companies are responsible
for their impact on the natural environment. (See 5.2. Lesson 5)
The correct answer is:
society and the natural environment
Question 2
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Which one of the following statements is NOT one of the aspects of corporate
governance?
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a.
Instability is critical in ensuring that there is good corporate governance.
b.
Innovation, fairness and collaboration are critical regarding sustainability.
c.
Sustainability reporting is a crucial facet of good corporate governance.
d.
Good governance is about effective leadership.
Feedback
Your answer is correct.
The correct answer is "instability is critical in ensuring that there is good corporate
governance". Sustainability is the primary moral and economic imperative of the 21st
century. Integrated sustainability and social transformation will create more significant
opportunities for the company and society. (See 5.6 Lesson 5)
The correct answer is:
Instability is critical in ensuring that there is good corporate governance.
Question 3
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Which one of the following is NOT one of the works of the Organisation for Economic Co-
operation and Development (OECD) Guidelines on Multinational Enterprises’ disclosure of
information?
a.
Competition.
b.
Consumer interests.
c.
Employment relations.
d.
Geographical co-operation
Feedback
Your answer is correct.
The correct answer is geographical co-operation. The work of the OECD concerns the
disclosure of information on employment relations, environmental management, bribery,
competition, consumer interests and science and technology diffusion. (See Activity 5.4
Lesson 5).
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