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MNB1501 - ASSESSMENT 4 - QUESTIONS AND ANSWERS - SEMESTER 2 - 2024
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2024 – S1 – MNB1501 – ASSESSMENT 4 – Q&AAssessment 4
Started on Friday, 1 March 2024,
State Finished
Completed on Friday, 1 March 2024,
Time taken
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
The production and operations manager will consider which of the following key
aspects when developing tactical plans:
a.
product line; market position; distribution channels
b.
policy on debtors; dividends; capital structure
c.
suppliers; policy on creditors; sources of raw materials
d.
improvement of productivity; location problems; legislation
Feedback
Your answer is correct.
The correct answer is improvement of productivity; location problems; legislation.
Refer to table 7.1.
The correct answer is:
improvement of productivity; location problems; legislation
1
, 2024 – S1 – MNB1501 – ASSESSMENT 4 – Q&A
Question 2
Studio 88 decided to make use of promotional pamphlets over a period of nine
months, which they include with their products and pricing to increase the sales
figures. This is an example of a ___________ plan, which is set by __________
managers.
a.
short-term; lower-level
b.
medium-term; lower-level
c.
short-term; middle-level
d.
medium-term; middle-level
Feedback
Your answer is correct.
The correct answer is short-term; lower-level. Operational plans are set by lower-
level management and cover a maximum period of one year (short-term). Refer to
section 7.7.3.
The correct answer is:
short-term; lower-level
Question 3
Which one of the following statements is an example of a project?
a.
The customer is always right and as such, employees should strive to satisfy their
needs.
b.
Employee grievances should be submitted in writing to the Human Resources
Department.
c.
2
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