Assessment 6
Open course index
Open block drawer
Started on Sunday, 11 August 2024, 11:30 PM
State Finished
Completed on Sunday, 11 August 2024, 11:37 PM
Time taken 7 mins 26 secs
Marks 53.00/70.00
Grade 75.71 out of 100.00
Question 1
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Question text
For the period 1983 to 1989, IBM’s profit as a percentage of revenue decreased from 13.6% to 6%.
In 1991 and 1992, the company made a loss. Microsoft and Intel, on the hand, showed significant
increases in their profit as a percentage of revenue. Which one of the following equations would
Microsoft have used to calculate their revenue (income)?
Select one:
a.
Profit/Sales x 100/1
b.
Income – cost
,c.
(Price x cost per unit) – units sold
d.
Price x units sold
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The correct answer is: Price x units sold
Question 2
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Question text
Quality planning and control can be divided into six steps. Which one of the following options
represents the second step in this process?
Select one:
a.
Setting standards for each quality characteristic.
b.
Defining the quality characteristics.
c.
Measuring the quality characteristics.
d.
Controlling quality against the set standards.
Feedback
The correct answer is: Measuring the quality characteristics.
Question 3
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Kabelo and Hendrik are joint owners of Fitness Gym. They are currently investigating the option of
investing in cryotherapy, a cold therapy that may reduce inflammation in tendons or joints. Kabelo
and Hendrik must draw up a new budget to accommodate their investment in cryotherapy. Whilst
drawing up the budget for the coming year, Kabelo decides to determine the break-even point for
new cryotherapy equipment. The fixed cost per year to maintain the cryotherapy equipment amounts
to R165 000. Kabelo estimates that the variable cost per session will be around R30. If Kabelo and
, Hendrik decides to charge gym members R280 per session, how many sessions will they need to sell
if they want to break-even?
Select one:
a.
589
b.
532
c.
660
d.
The break-even point cannot be calculated given the information above.
Feedback
The correct answer is: 660
Question 4
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Mondi is one of the main researchers at Info Gate, an international marketing research company. At
the end of each research project, Mondi must ‘tell the story’ of the research project. It is necessary
for him to communicate the knowledge and findings of the research study in an understandable and
scientific manner. Which tool will Mondi use to do this?
Select one:
a.
A questionnaire
b.
An interview guide
c.
A specialised program
d.
A research report
Feedback
The correct answer is: A research report
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