Exam (elaborations)
MNN3701 assignment 1 and 2 2023
- Institution
- University Of South Africa
MNN3701 ASSIGNMENTS 1 & 2 2023
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MNN3701ASSIGNMENT
1 & 2 2023
,the Shoprite Holdings Group adheres to _______ by ensuring that the organisation represents the
minimum standards (at least) for responsible behaviour and the codification for what society believes
is right and wrong.
A.
morality
B.
legislation
C.
governance
D.
ethics
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The correct answer is:
legislation
Question 2
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Question text
Sustainable development is a prominent concept in the field of corporate citizenship, which is
characterised by a number of different, yet related, definitions. Which one of the following
statements does not sufficiently address the meaning of sustainable development?
Sustainable development _______.
A.
takes cognisance of the ecosystem limits
B.
aims to meet the needs of the present and future generations
,C.
places strong emphasis on the wellbeing of the poor
D.
places strong emphasis on equitability
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The correct answer is:
places strong emphasis on equitability
Question 3
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The most commonly advanced and widely accepted definition of sustainable development is the
_______ definition, which states that sustainable development is ________.
A.
Our Common Future; a dynamic process, which enables all people to realise their potential and
improve their quality of life
B.
Club of Rome; a dilemma regarding unlimited resource consumption in an increasingly
interdependent world
C.
World Conservation strategy; the management of human use of the biosphere, so that it may yield the
greatest sustainable benefits to present generations, while maintaining its potential to meet the needs
and aspirations of future generations
, D.
Brundtland; development that meets the needs of the present, without compromising the ability of
future generations to meet their own needs
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The correct answer is:
Brundtland; development that meets the needs of the present, without compromising the ability of
future generations to meet their own needs
Question 4
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Match the concept with the correct description.
Corporate social Answer 1
investment entails a contribution an organisation makes to society
Corporate Answer 2
governance pertains to management in organisations using structures and processes
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The correct answer is:
Corporate social investment → entails a contribution an organisation makes to society,
Corporate governance → pertains to management in organisations using structures and processes
Question 5
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Question text
Consider the following extract from Shoprite Holdings’ Integrated Report:
“The Group’s risk landscape comprises 55 key risks, categorised as strategic, operational, financial or
compliance risks. They are rated according to likelihood of occurrence and impact (inherent risk) on
the business. The risk landscape is reviewed on an annual basis to ensure it remains relevant.”
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