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MNB1501 Assessment 3 Due 11 April 2024
- Course
- MNB1501
- Institution
- University Of South Africa (Unisa)
MNB1501 Assessment 3 Due 11 April 2024
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Started on Wednesday, 10 April 2024, 9:15 PMState Finished
Completed on Wednesday, 10 April 2024, 10:38 PM
Time taken 1 hour 22 mins
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
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Question text
Generally, CSR is about proactive efforts by companies to _____________.
a.
scan the external environment for threats
b.
manage employees reasonably and avoid conflict
c.
make a positive contribution to society
d.
understand the competitors in the external environment
Feedback
Your answer is correct.
The correct answer is "make a positive contribution to society". Corporate social responsibility is
about proactive efforts by companies to contribute positively to society. (See 5.2 Lesson 5)
The correct answer is:
make a positive contribution to society
Question 2
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Question text
_________refers to how a company’s objectives, strategy and decision structures are developed,
implemented and monitored.
, a.
Corporate productivity
b.
Corporate planning
c.
Strategy implementation
d.
Corporate governance
Feedback
Your answer is correct.
The correct answer is corporate governance. Corporate governance is how a company’s objectives,
strategy and decision-making structures are developed, implemented and monitored. (See Activity
5.3 Lesson 5)
The correct answer is:
Corporate governance
Question 3
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Question text
James is working for Sibanye Goldmine as an executive tasked with ensuring that Sibanye becomes a
responsible business. He presents the benefits of incorporating good corporate social responsibility
practices to the board of directors. Which one of the following will NOT contribute to the
organisation's financial bottom line?
a.
Energy-saving technology saving on the electrical bill.
b.
Positive company reputation resulting in customer loyalty.
c.
Fuel-saving technologies save company costs.
d.
Investing in high-energy consumption equipment.
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