Exam (elaborations)
MNB1501 ASSIGNMENT 1 SEMESTER 1 2023
- Institution
- University Of South Africa (Unisa)
MNBU1501 GUARANTEED PASS. QUESTIONS ARE SAME AND RANDOMISED. FURTHER ASSISTANCE 9
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2/1/23, 12:58 PM Assessment 1: Attempt reviewMENU
Dashboard / Courses / UNISA / 2023 / Semester 1 / MNB1501-23-S1 / Welcome Message / Assessment 1
Started on Wednesday, 1 February 2023, 12:13 PM
State Finished
Completed on Wednesday, 1 February 2023, 12:43 PM
Time taken 30 mins 27 secs
Marks 16.00/20.00
Grade 80.00 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 1.00
Deregulation within the airline industry was introduced in South Africa in 1991. Before deregulation, South African Airways (SAA) was the
only service provider on the main domestic airline routes as well as the international airline routes. The first decade after deregulation
resulted in a wave of low cost airline competitions such as Flitestar, Sun Air, Phoenix Air, Nationwide, 1time and Velvet sky entering the
domestic market.
SAA functions within a free-market economy, which is characterised by which of the following attributes?
a Private ownership of production factors
b Free competition
c Profit motive recognised
d Limited right to strike in state enterprises
a. a b
b. b d
c. a b c
d. a b c d
Your answer is incorrect.
The correct answer is:
ab
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, 2/1/23, 12:59 PM Assessment 1: Attempt review
Question 2
Incorrect
Mark 0.00 out of 1.00
MENU
A reason for the success of Southwest Airlines lies in the treatment of the airline’s personnel. Management believes that when employees are
Dashboard
treated well, /they
Courses / customers
will treat UNISA / 2023 / Semester
well, providing 1 / MNB1501-23-S1
a beneficial situation for all/ stakeholders.
Welcome Message / Assessment
Southwest 1 are generally
Airlines’ wages
lower than those of its competitors but the company sweetens the deal by making stock options available to employees, enabling them to
benefit from the airline’s financial success.
By providing their employees with a salary, Southwest Airlines is satisfying the ________________ needs of the employees.
a. physiological
b. security
c. esteem
d. self-realisation
Your answer is incorrect.
The correct answer is:
physiological
Question 3
Correct
Mark 1.00 out of 1.00
Sipho is the owner of a small tuck shop in Diepsloot. He started the tuck shop as a way of earning money so that his family can survive. His
business is not registered and, therefore, Sipho does not pay rates or taxes. Sipho’s tuck shop forms part of the __________ sector.
a. informal
b. formal
c. non-profit
d. illegal
Your answer is correct.
The correct answer is:
informal
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6594943&cmid=624038 2/10
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