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MNB1501 - ASSESSMENT 7 - QUESTIONS AND ANSWERS - SEMESTER 2 - 2024 R75,33
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MNB1501 - ASSESSMENT 7 - QUESTIONS AND ANSWERS - SEMESTER 2 - 2024

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THIS DOCUMENT INCLUDES ALL QUESTIONS AND CORRECT ANSWERS FOR ASSESSMENT 7. USING IT CORRECTLY ENSURES A 100% PASS MARK.

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  • June 7, 2024
  • 32
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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2024 – S1 – MNB1501 – ASSESSMENT 7 – Q&A



Assessment 7
Started on Tuesday, 2 April 2024,
State Finished
Completed on Tuesday, 2 April 2024,
Time taken
Marks 20.00/20.00
Grade 100.00 out of 100.00


Question 1
Perry Addae is a supervisor at Waamiq Engineering and is responsible for assigning
employees to different teams. Which one of the following roles of managers is
associated with the task of assigning employees to different teams according to their
knowledge, skills and experience?



a.
leader



b.
monitor



c.
allocator of resources



d.
representative figure

Feedback
Your answer is correct.

The correct answer is allocation of resources. The role of resource allocation
encompasses allocating financial, human and other organisational resources to
various activities. Refer to table 6.1.

1

, 2024 – S1 – MNB1501 – ASSESSMENT 7 – Q&A


The correct answer is:
allocator of resources



Question 2
The ____________________ school of management views management primarily
as a system of mathematical models and processes. It involves operational
researchers and decision experts who believe that if management or any of its
elements are part of a logical process, then this should be expressed as using
mathematical relations.



a.
contingency



b.
quantitative school



c.
system



d.
scientific school

Feedback
Your answer is correct.

The correct answer is quantitative school. This school sees the main function of
management as using a system of mathematical models and processes. This
information can be gained by doing discriminant analysis, which uses some aspects
of mathematics and statistics. Refer to section 6.8.

The correct answer is:
quantitative school




2

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