Started on Monday, 29 July 2024, 2:34 PM
State Finished
Completed on Monday, 29 July 2024, 3:15 PM
Time taken 41 mins 10 secs
Marks 64.00/70.00
Grade 91.43 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
__________ technology refers to the machines, equipment and apparatus used in the transformation process.
Select one:
a. Process
b. Operations
c. Production
d. Transformation
The correct answer is: Process
Question 2
Correct
Mark 1.00 out of 1.00
If IBM decided to increase their pro tability by looking at the return on assets, which one of the following options would be an
appropriate suggestion?
Select one:
a. Disinvest non-core business units.
b. Reduce operation expenses.
c. Stock products with a faster turnover rate.
d. Buy back shares.
The correct answer is: Disinvest non-core business units.
Kgaugelo owns an organic food store in Newlands. As the store is new, it is quite small and Kgaugelo does not have a
dedicated purchasing and supply manager. Which one of the following is another factor Kgaugelo will use to determine the
importance of the purchasing and supply function?
Select one:
a. The situation in the supplier market.
b. The hierarchy of the management levels.
c. The quality of the materials required.
d. The speed with which stock needs to be replenished.
The correct answer is: The situation in the supplier market.
Question 4
Correct
Mark 1.00 out of 1.00
Which nancial ratio is used by providers of loan capital to determine the degree to which a business can meet its debt
obligations fully and punctually in the normal course of events?
Select one:
a. The current ratio
b. The solvency ratio
c. The debt ratio
d. The gearing ratio
The correct answer is: The current ratio
Question 5
Correct
Mark 1.00 out of 1.00
Carol is the quality controller for J’Divine, a popular wedding photography business. It is her responsibility to ensure that the
photo books which are sent out to customers meet stringent quality requirements. Carol makes use of _____________ to
describe the required quality of the books and _____________ to control the quality of the photo books.
Select one:
a. inspection; standardisation
b. speci cations; inspection
c. speci cations, standardisation
d. inspection; speci cations
___________ is the process of determining which individuals are best suited to ll positions in the organisation.
Select one:
a. Selection
b. Assessment
c. Training
d. Coordination
The correct answer is: Selection
Question 7
Correct
Mark 1.00 out of 1.00
Expenses must often be paid before any cash income has been received. The business needs to have su cient cash
available to meet normal current expenditures. This refers to the ____________ motive.
Select one:
a. speculative
b. cash
c. precautionary
d. transaction
The correct answer is: transaction
Question 8
Incorrect
Mark 0.00 out of 1.00
Which one of the following statements represents a way in which BEE purchasing and supply may be done?
Select one:
a. Independent disadvantaged suppliers will bene t by lowering their quoted price by a certain percentage.
b. General materials and services may be purchased from disadvantaged suppliers.
c. Support given to disadvantaged suppliers should be limited to tender documents.
d. The business should aim to reduce outsourcing and should produce all products and services inhouse.
The correct answer is: Independent disadvantaged suppliers will bene t by lowering their quoted price by a certain
percentage.
Following several worldwide recalls, it has become evident that Toyota has rushed into relationships with suppliers whom
have not been adequately vetted. Supplier alliances and supplier development are thus crucial elements that need to be
addressed. At which level of purchasing and supply planning will supplier alliance and supplier development occur?
Select one:
a. Strategic level
b. Tactical level
c. Middle-management level
d. Operations level
The correct answer is: Strategic level
Question 10
Correct
Mark 1.00 out of 1.00
50% of fatal plane crashes in the world involving large commercial aircrafts were mainly caused by human error. Pilots
require hours of simulator training before they can commence with their duties. In the simulator they practice their ight skills
with the aid of an instructor. Which type of development is described here?
Select one:
a. Job instruction training
b. Apprenticeships
c. Vestibule
d. Role-playing
The correct answer is: Vestibule
Question 11
Correct
Mark 1.00 out of 1.00
Nedine works at a company that manufactures custom-made doors and windows. Nedine decides to make changes to the
development methods being used to train carpenters. An intensive programme is developed whereby an instructor
demonstrates, on the same kind of machinery that the carpenters will be using on the job, the correct processes to be
followed. This is an example of ____________ .
Select one:
a. role playing
b. vestibules
c. e-learning
d. seminars
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