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MNB1501 ASSESSMENT 4 QUIZ DUE 3 OCTOBER 2024
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MNB1501 ASSESSMENT 4 QUIZ DUE 3 OCTOBER 2024.Get a strong pass-FORTIS PASSUM.
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MNB1501 ASSIGNMENT 4 SEMESTER 2Closes: Thursday, 3 October 2024, 9:00 PM
PASS WITH DISTINCTIONS. FORTIS PASSUM
FOR FURTHER ASSISTANCE WITH ECONOMICS,
MANAGEMENT, ACCOUNTING, TAXATION EDUCATION@ LLB
MODULES.
CALL/WHATSAAP0816884518/0816884519
EMAIL: info@fortispassum.co.za
admin@fortispassum.co.za
, 1. MNB1501-24-S2
2. Welcome Message
3. Assessment 4
Quiz
Assessment 4
Open course index
Started on Thursday, 12 September 2024, 9:58 PM
State Finished
Completed on Thursday, 12 September 2024, 10:02 PM
Time taken 4 mins 15 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
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Question text
______________ is a management process whereby organisational goals are formulated. This
process entails a systematic and clear description of the direction that a business must take to
accomplish its organisational goals.
a.
Leading
b.
Control
c.
Planning
d.
Strategising
Feedback
Your answer is correct.
The correct answer is planning. Planning is a management process whereby organisational goals are
formulated. This process entails a systematic and clear description of the direction that a business
must take to accomplish its organisational goals. Refer to section 7.1.
, The correct answer is:
Planning
Question 2
Correct
Mark 1.00 out of 1.00
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Question text
If Hungry Lion were to take over its suppliers of chickens to ensure a better quality of supply. This
long-term strategy would be known as _____________________.
a.
innovation
b.
vertical integration
c.
product development
d.
horizontal integration
Feedback
Your answer is correct.
The correct answer is vertical integration. Vertical integration refers to a business strategy of taking
over organisations that supply a business with inputs, or those that act as the intermediaries of a
business. Refer to section 7.7.1.
The correct answer is:
vertical integration
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which specific corporate strategy involves taking over other businesses that provide raw materials or
act as outlets?
a.
horizontal integration
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