Exam (elaborations)
Mnb1501 Assignment 6 Semester 2 2023
- Institution
- University Of South Africa (Unisa)
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2/16/23, 1:33 PM Assessment 6: Attempt reviewMENU
Dashboard / Courses / UNISA / 2023 / Semester 1 / MNB1501-23-S1 / Welcome Message / Assessment 6
Started on Thursday, 16 February 2023, 1:25 PM
State Finished
Completed on Thursday, 16 February 2023, 1:33 PM
Time taken 8 mins 11 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
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
Question 2
Correct
Mark 1.00 out of 1.00
The voluntary compliance of businesses with practices that are sustainable is known as ___________________.
a. business ethics
b. consumerism
c. corporate sustainability
d. corporate social responsibility
Your answer is correct.
The correct answer is:
corporate social responsibility
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 1/9
,2/16/23, 1:33 PM Assessment 6: Attempt review
Question 3
Correct
Mark 1.00 out of 1.00
MENU
True entrepreneurs differ dramatically from small-business owners in the following ways:
Dashboard / Courses / UNISA / 2023 / Semester 1 / MNB1501-23-S1 / Welcome Message / Assessment 6
a They have no intention of growing or developing their business and are happy with some autonomy.
b They need to be personally responsible for solving problems.
c They have an internal locus of control.
d They have an external locus of control.
Select one:
a. a b
b. a c
c. b c
d. c d
The correct answer is: b c
Question 4
Correct
Mark 1.00 out of 1.00
Kohler has adopted several strategies to sustain a culture of continuous innovation. Growth has been generated substantially from within, by
people creating an idea, getting it financed internally and executing it successfully. This is an example of ___________________.
Select one:
a. external locus of control
b. franchising
c. intrapreneurship
d. entrepreneurship
The correct answer is: intrapreneurship
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 2/9
,2/16/23, 1:33 PM Assessment 6: Attempt review
Question 5
Correct
Mark 1.00 out of 1.00
MENU
Sophie decides to register her business as a legal business entity. Her friend, Alice, is going to be her business partner and will contribute
Dashboard
50% / Courses
of the capital / UNISA
that they / 2023
will require / the
to get Semester 1 /started.
business MNB1501-23-S1 / Welcome
However, neither SophieMessage / Assessment
nor Alice wants 6
to take personal liability for the
business, nor do they want to appoint a director. For which type of legal entity would you suggest she register?
Select one:
a. Company
b. Sole proprietorship
c. Business trust
d. Partnership
The correct answer is: Business trust
Question 6
Correct
Mark 1.00 out of 1.00
The name of Herman Heunis’s company ends with words “(Pty) Ltd”, which means that it can be classified as a _______________.
Select one:
a. private company
b. partnership
c. co-operative society
d. sole proprietorship
The correct answer is: private company
Question 7
Correct
Mark 1.00 out of 1.00
Changes in population-growth patterns, where people are moving from rural areas to cities, are known as _________________. This is a variable
in the _____________ environment.
Select one:
a. relocation; physical
b. relocation; social
c. urbanisation; social
d. migration; physical
The correct answer is: urbanisation; social
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 3/9
, 2/16/23, 1:33 PM Assessment 6: Attempt review
Question 8
Incorrect
Mark 0.00 out of 1.00
MENU
The current labour laws and the Employment Equity Act 55 of 1998 are examples of variables in the ___________ environment that
Dashboard /have
_____________ Courses / UNISA
an influence / 2023
on the / Semester
business 1 / MNB1501-23-S1
and the management / Welcome Message / Assessment 6
of businesses.
Select one:
a. institutional/governmental; directly
b. social; directly
c. institutional/governmental; indirectly
d. social; indirectly
The correct answer is: institutional/governmental; indirectly
Question 9
Correct
Mark 1.00 out of 1.00
What step in the stakeholder-engagement process is SAB involved in if they co-develop the engagement plan, including the agenda and
logistics, to meet the engagement objectives?
Select one:
a. Engage
b. Apply
c. Design
d. Evaluate
The correct answer is: Design
Question 10
Correct
Mark 1.00 out of 1.00
Deciding on what is right and wrong in the workplace within a business is referred to as ___________.
Select one:
a. sustainable development
b. corporate governance
c. business ethics
d. corporate social responsibility
The correct answer is: business ethics
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=6702471&cmid=624055 4/9
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