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MNB1501 Assignment 3 Semester 2 2024
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MNB1501 Assignment 3 Semester 2 2024
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1. UNISA2. 2024
3. MNB1501-24-S2
4. Welcome Message
5. Assessment 3
Quiz
Assessment 3
Started on Thursday, 19 September 2024, 9:09 PM
State Finished
Completed on Thursday, 19 September 2024, 9:28 PM
Time taken 18 mins 4 secs
Marks 17.00/20.00
Grade 95.00 out of 100.00
Question 1
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Question text
Which one of the following statements is NOT one of the aspects of corporate governance?
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 2
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It is essential to assess the outcomes of the engagement session from both the company’s and the
stakeholders’ perspective. To which step of the stakeholder engagement process does this refer?
a.
apply
b.
evaluate
c.
plan
d.
prepare
Feedback
Your answer is correct.
The correct answer is evaluate. The evaluation step assesses the engagement session outcomes from
both the company’s and the stakeholders’ perspective. (See 5.7 Lesson 5)
The correct answer is:
evaluate
Question 3
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Which one of the following is NOT included in the KING IV Report on good corporate governance
practices?
a.
Corporate citizenship.
b.
Traditional bottom line.
c.
,Sustainability reporting.
d.
Social responsibility.
Feedback
Your answer is correct.
The correct answer is traditional bottom line. The KING IV Report provides organisations with
guidance on good governance practices and explicitly defines and substantiates concepts such as
“corporate citizenship”, “social responsibility”, “triple bottom line” performance, “stakeholder
engagement” and “sustainability reporting”. (See 5.4 Lesson 5)
The correct answer is:
Traditional bottom line.
Question 4
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Question text
The primary social responsibility in Carroll’s CSR pyramid is the_________.
a.
philanthropic responsibility
b.
ethical responsibility
c.
economic responsibility
d.
legal responsibility
Feedback
Your answer is correct.
The correct answer is economic responsibility. According to Carroll's CSR pyramid, economic
responsibility is the fundamental social responsibility because it forms the foundation on which all
the others rest. (See 5.2 Lesson 5)
The correct answer is:
economic responsibility
Question 5
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, Flag question
Question text
When Ackermans makes their financial matters, and social and environmental issues part of their
financial reporting available to the public, this refers to_______ reporting.
a.
financial
b.
sustainability
c.
shareholder
d.
corporate
Feedback
Your answer is correct.
The correct answer is sustainability reporting. Sustainability reporting refers to the increasing
expectations for companies to report on financial matters and social and environmental issues
publicly. (See 5.3 Lesson 5)
The correct answer is:
sustainability
Question 6
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Question text
A SWOT analysis is a tool that can be used to identify where risks should be managed (threats) and
areas where there is potential to create value, which refers to ______.
a.
service
b.
opportunities
c.
operations
d.
task
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