Exam (elaborations)
Mnb1501 Assignment 4 Semester 2 2023
- Institution
- University Of South Africa (Unisa)
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3/7/24, 3:55 PM Assessment 4: Attempt reviewMNB1501-24-S1 Welcome Message Assessment 4
QUIZ
Started on Thursday, 7 March
2024, 3:43 PM
State Finished
Completed on Thursday, 7 March
2024, 3:54 PM
Time taken 11 mins 17 secs
Marks 18.00/20.00
Grade 90.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following is an
operational plan?
a. a turnaround strategy
b. product-development
c. a budget
d. divestiture
Your answer is correct.
The correct answer is a budget. A budget
is a comprehensive written plan
indicated in monetary terms,
summarising the activities to be
performed and the strategies for
achieving the goals of an organisation. A
budget falls under a single-use plan and
is part of operational plans. Refer to
section 7.7.3.
The correct answer is:
a budget
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15324835&cmid=844991 1/18
,3/7/24, 3:55 PM Assessment 4: Attempt review
Question 2
Incorrect
Mark 0.00 out of 1.00
Harbour Fisheries' top management
wishes to see the organisation as a total
system in which the goals of all the
different parts of the organisation are
reconcilable with one another and with
the organisation’s goals. This is an
indication that planning _____________.
a. facilitates control
b. reduces the impact of change
c. provides direction
d. ensures cohesion
Your answer is incorrect.
The correct answer is ensures cohesion.
Planning helps to get the different
functional areas to work together.
Therefore, we can say that planning
helps with the coordination, cohesion
and stability of an organisation. Refer to
section 7.3.
The correct answer is:
ensures cohesion
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15324835&cmid=844991 2/18
,3/7/24, 3:55 PM Assessment 4: Attempt review
Question 3
Correct
Mark 1.00 out of 1.00
The COVID-19 pandemic resulted in HBF
Hotels having a big decline in pro ts.
They were forced to cut costs and get rid
of unpro table hotels in certain areas for
the survival of their business. What
speci c corporate strategy did HBF
Hotels adopt to cope during the
pandemic?
a. innovation strategy
b. divestiture strategy
c. diversi cation strategy
d. turnaround strategy
Your answer is correct.
The correct answer is turnaround
strategy. Turnaround occurs when an
organisation experiences di cult times
and its pro ts decline over an extended
period, forcing it to reduce costs by
cutting unpro table products, disposing
of unpro table resources (asset
reduction, retrenchment or divestiture)
and implementing strategies to improve
the effectiveness of management. Refer
to section 7.7.1.2.
The correct answer is:
turnaround strategy
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15324835&cmid=844991 3/18
, 3/7/24, 3:55 PM Assessment 4: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
Which long-term strategy did SAB adopt
when it introduced Castle Lite to the
existing market to satisfy its customers’
needs for a light beer?
a. product development
b. innovation
c. diversi cation
d. market development
Your answer is correct.
The correct answer is product
development. Product development
intends to grow turnover by selling new
products or services to an organisation's
existing market.
The correct answer is:
product development
Question 5
Correct
Mark 1.00 out of 1.00
At what step would Mangalani Mudau
determine whether the implemented plan
resulted in the attainment of the
established goals which had been set
during the rst step of the process?
a. Step 1: Establish goals.
b. Step 5: Reactive planning.
c. Step 4: Implement the plan.
d. Step 3: Evaluate alternative
plans.
Your answer is correct.
The correct answer is Step 5. During the
reactive planning step, evaluation is done
to determine whether the implemented
plan resulted in the attainment of the
established goals which had been set
during the rst step of the process. The
outcome of the evaluation will help an
organisation to re ne its goals and
plans. Refer to section 7.5.
The correct answer is:
Step 3: Evaluate alternative plans.
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=15324835&cmid=844991 4/18
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