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mnb1501 assesment 03/assignment 03 oc/nov 2022 semester 02
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MNB1501 Assignment 3 Semester 22022 (Answers)
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SEMESTER 2
MNB1501
ASSIGNMENT 3 (QUIZ)
NAME: ……………………
STUDENT NUMBER: ………..
UNIQUE CODE: ...........
DUE DATE: ........................ 2022
2022
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MNB1501: Assignment 3: Semester 2
Not wanting to have the reputation of being seen as socially irresponsible is a
driver of CSR.
Select one:
a.
social
b.
market
c.
governmental
d.
ethical
Feedback
The correct answer is: social
Corporate governance is essentially about .
Select one:
a.
effective leadership
b.
the company’s core business activities
c.
the creation of employment and training opportunities
d.
the company’s contribution through its engagement in public policy
Feedback
The correct answer is: effective leadership
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Mark and Catrice own a bakery in Stellenbosch which is well known for their organically-
sourced ingredients. They rely heavily on local producers for their fresh ingredients and,
as they feel it is their bakery’s mission to only provide local, organic produce, have
contributed significantly to the development of a local farm, Diepend. Diepend teaches
orphaned and abused children techniques to run an organic farm. Mark and Catrice
therefore approach the CSR in a manner by using a .
Select one:
a.
neutral; combination method
b.
responsible; contribution
c.
proactive; value-based system
d.
reactive; stakeholder-engagement process
Feedback
The correct answer is: proactive; value-based system
Tom Winterboer, African Bank’s curator, is in the process of stakeholder engagement
and needs to seek a mutual understanding and search for beneficial solutions to African
Bank’s problems. In the stakeholder-engagement process, this is known as .
Select one:
a.
Candour.
b.
Action.
c.
Learning.
d.
Involvement.
Feedback
The correct answer is: Learning.
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