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MNB1501 ASSESSMENT 1 SEMESTER 1 2024
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MNB1501 ASSESSMENT 1 SEMESTER 1 2024
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,3/28/24, 1:15 PM Assessment 1: Attempt review
UNISA 2024 MNB1501-24-S1 Welcome Message Assessment 1
QUIZ
Started on Thursday, 28 March 2024, 12:47 PM
State Finished
Completed on Thursday, 28 March 2024, 1:14 PM
Time taken 26 mins 43 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following statements is correct about Maslow’s need
hierarchy?
a.
Maslow’s need hierarchy starts with the higher-level needs at the
bottom.
b. Social needs refer to our need for financial security.
c. Esteem needs refer to our desire to reach our full potential.
d. Self-actualisation needs are at the top of the hierarchy.
Your answer is correct.
The correct answer is:
Self-actualisation needs are at the top of the hierarchy.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16568743&cmid=844988 1/12
,3/28/24, 1:15 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
South Africa’s unemployment rate is very high. Should South Africa move
towards a pure ______________ economy, one of the advantages would be the
possibility of full employment.
a. market
b. socialist
c.
command
d. communist
Your answer is correct.
The correct answer is:
socialist
Question 3
Correct
Mark 1.00 out of 1.00
Which management function is responsible for maintaining, implementing and
controlling technology in an organisation?
a. Marketing management
b. Purchasing and supply management
c. Information management
d. Operations management
Your answer is correct.
The correct answer is:
Information management
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16568743&cmid=844988 2/12
, 3/28/24, 1:15 PM Assessment 1: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
The fundamental economic problem society is confronted with involves
.
a.
ensuring they get what they want
b.
choosing how it will use its scarce resources to the maximum
effect in order to satisfy its needs
c. ensuring the lowest possible satisfaction of needs with these scarce
resources
d.
making as much profit as possible regardless of the needs of society
Your answer is correct.
The correct answer is:
choosing how it will use its scarce resources to the maximum effect in order to
satisfy its needs
Question 5
Correct
Mark 1.00 out of 1.00
Which one of the following is a characteristic of a command economy?
a. The means of production are owned privately.
b. There are high social costs.
c. Taxes are very high.
d. The economy is not influenced by business fluctuations.
Your answer is correct.
The correct answer is:
Taxes are very high.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=16568743&cmid=844988 3/12
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