Started on Friday, 29 March 2023, 1:42 PM
State Finished
Completedon Friday, 29 March 2023, 2:11 PM
Time taken 32 mins 16 secs
Marks 40.00/50.00
Grade 98.33 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Which ONE of the following relates to price skimming as pricing strategy?
(a) A short-lived product.
(b) A newly launched product.
(c) An improved high-demand product.
(d) A product in a highly competitive industry.
Select one:
a. A short-lived product.
b. An improved high-demand product.
c. A newly launched product.
d. A product in a highly competitive industry.
,Question 2
Correct
Mark 3.00 out of 3.00
Use the following information. Revenue for the current period = R980 million -
(previous period was R780 million).
Operating cost for the current period = R23 000 million – (previous period was R55
million).
Calculate the growth rate for revenue and for operating cost respectively:
(a) Revenue -25,64% (decline); Operating cost 58,18% (growth or increase)
(b) Revenue 25,64% (growth or increase); Operating cost -58,18% (decline)
(c) Revenue 20,41% growth or increase); Operating cost -139,13 (decline)
(d) Revenue -20,41% (decline); Operating cost 139,13% (growth or increase)
Select one:
a. Revenue -25,64% (decline); Operating cost 58,18% (growth or increase)
b. Revenue -20,41% (decline); Operating cost 139,13% (growth or increase)
c. Revenue 20,41% growth or increase); Operating cost -139,13 (decline)
d. Revenue 25,64% (growth or increase); Operating cost -58,18% (decline)
,Select all the statements that are TRUE?
(1) Short-term nancing refers to
externally generated funds that are used
by organisations to nance their
cyclical/seasonal needs or funding that
are utilised when an organisation
experiences a cash shortfall.
(2) Long-term loans (private debt) are
normally negotiated directly between the
borrowing organisation and the lending
organisation.
(3) Credit rating agencies such as
Standard & Poor and Fitch are
organisations that provide international
nancial research on bonds and other
debt instruments that are issued by
governments and other organisations.
(4) A debenture or bond is a short-term
contract between the organisation that
issues it and the buyer thereof.
(a) Statements (1), (2) and (3)
(b) Statements (1) and (2)
(c) Statements (1), (3) and (4)
(d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (1) and (2)
b. Statements (1), (2), (3) and (4)
c. Statements (1), (2) and (3)
d. Statements (1), (3) and (4)
, Question 3
Correct
Mark 2.00 out of 2.00
Which ONE of the following is NOT a
strategic aim of corporate governance?
(a) To reduce costs within the
organisation to boost short-term
pro tability.
(b) To improve investor con dence in the
organisation.
(c) To increase the organisation’s
transparency to stakeholders.
(d) To ensure that the organisation
abides with relevant laws and acts
ethically.
Select one:
a. To ensure that the organisation
abides with relevant laws and
acts ethically.
b. To reduce costs within the
organisation to boost short-
term pro tability.
c. To increase the organisation’s
transparency to stakeholders.
d. To improve investor con dence
in the organisation.
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