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MNB1501 ASSIGNMENT 7 FOR 2ND SEMESTER 2024 - Distinction
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MNB1501ASSIGNMENT 7 FOR 2ND SEMESTER 2024
FEND TUTORIALS
, Started on Friday, 26 July 2024, 5:32 PM
State Finished
Completed on Saturday, 27 July 2024, 4:18 PM
Time taken 22 hours 46 mins
Marks 18.00/20.00
Grade 90.00 out of 100.00
Question 1
Correct
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Question text
Sipho Maluleke is the Chairman of a South African holding company, Ubuntu Holdings (UH). The
company is listed on the Johannesburg Stock Exchange (JSE) and has invested intensively in the
mining, banking, hospitality and security industries. In his position as the chairman of UH, Sipho
needs to have sufficient ___________________ skills to view the business in a holistic manner.
a.
coercive
b.
technical
c.
conceptual
d.
interpersonal
Feedback
Your answer is correct.
The correct answer is conceptual. Conceptual skills refer to the ability to reason abstractly and
analyse complex situations. This includes the ability to see the organisation as a whole; understand
how its different sub-elements are mutually dependent, and assess how the organisation is linked to
other stakeholders in the external environment. Top management is expected to "think outside the
box" to arrive at creative solutions to complex and sometimes ambiguous problems. Refer to section
6.6.3.
The correct answer is:
conceptual
Question 2
Correct
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Whatsapp Marlvin @ +2763 173 8181
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Question text
__________________ is the process of planning, organising, leading and controlling the resources
such as financial, human and physical resources of an organisation to achieve stated goals as
efficiently as possible.
a.
Budgeting
b.
Shareholder
c.
Management
d.
Business ownership
Feedback
Your answer is correct.
The correct answer is management. Management is the process of planning, organising, leading and
controlling the resources such as financial, human and physical resources of an organisation to
achieve stated goals as efficiently as possible. Refer to section 6.2.
The correct answer is:
Management
Question 3
Correct
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Question text
The __________________________ approach forced organisations to embrace their core activities
while non-core activities were outsourced to external providers.
a.
behavioural approach
b.
re-engineering
Whatsapp Marlvin @ +2763 173 8181
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