Exam (elaborations)
mnb1501
- Course
- Mnb1501 (MNB1501)
- Institution
- University Of South Africa (Unisa)
Exam of 42 pages for the course mnb1501 at Unisa (distinction)
[Show more]
Seller
Follow
Content preview
MNB1501SEMESTER 1 2024
Assessment 8
Started on Wednesday, 2 May 2024, 1:40 PM
State Finished
Completed on Wednesday, 2 May 2024, 2:41 PM
Time taken 1 hours 1 min
Marks 32.00/35.00
Grade 91.43 out of 100.00
Question 1
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
Which one of the following statements is incorrect?
a.
Labour also refers to the services of those who follow professions.
b.
When we refer to capital, we refer to money.
,c.
Natural resources are the raw materials in the production process.
d.
The entrepreneur is a bearer of risk.
Feedback
Your answer is incorrect.
The correct answer is:
When we refer to capital, we refer to money.
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which one of the following statements is incorrect?
a.
All non-profit seeking organisations are state owned.
b.
Welfare organisations are non-profit-seeking organisations.
c.
,Society pays for the services of the South African Police Services by means of taxes.
d.
A closed corporation is a type of business organisation.
Feedback
Your answer is correct.
The correct answer is:
All non-profit seeking organisations are state owned.
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following statements are correct? An entrepreneur is someone who .....................
a pursues profit.
b accepts risk.
c makes the most of opportunities in the environment.
d combines expertise and resources to produce products and services.
, a.
ab
b.
cd
c.
bcd
d.
abcd
Feedback
Your answer is correct.
The correct answer is:
abcd
Question 4
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which of the following statements does not represent a benefit of buying an existing business?
a.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller boitumelom57. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R133,33. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73216 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now