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MNB1501 ASSIGNMENT 3 FOR 2ND SEMESTER 2024

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MNB1501 ASSIGNMENT 3 FOR 2ND SEMESTER 2024

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  • September 9, 2024
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FENDTUTORIALS
MNB1501
ASSIGNMENT 3 FOR 2ND SEMESTER 2024




FEND TUTORIALS

, Started on Monday, 9 September 2024, 3:59 PM
State Finished
Completed on Monday, 9 September 2024, 4:04 PM
Time taken 4 mins 16 secs
Marks 20.00/20.00
Grade 100.00 out of 100.00
Question 1
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Question text
When Ackermans makes their financial matters, and social and environmental issues part of their
financial reporting available to the public, this refers to_______ reporting.


a.
financial


b.
sustainability


c.
shareholder


d.
corporate
Feedback
Your answer is correct.
The correct answer is sustainability reporting. Sustainability reporting refers to the increasing
expectations for companies to report on financial matters and social and environmental issues
publicly. (See 5.3 Lesson 5)
The correct answer is:
sustainability

Question 2
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Question text



Whatsapp Marlvin @ +2763 173 8181

,_________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
Which of the following is NOT one of the ethical drivers that influence the implementation of
Corporate Social Responsibility (CSR) measures?


a.
Ethical responsibility.


b.
Legal responsibility.


c.
Philanthropic responsibility.



Whatsapp Marlvin @ +2763 173 8181

, d.
Technology responsibility.
Feedback
Your answer is correct.
The correct answer is technology responsibility. Ethical drivers that influence the implementation of
CSR responsibility measures are philanthropic responsibility, ethical responsibility, legal
responsibility and economic responsibility. (See 5.2 Lesson 5)


The correct answer is:
Technology responsibility.

Question 4
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Question text
Which one of the following concepts is NOT aligned with Carroll’s CSR pyramid?


a.
Business to be sustainable.


b.
Businesses to operate within the spheres of the law.


c.
Businesses to behave ethically.


d.
Business to be a good corporate citizen.
Feedback
Your answer is correct.
The correct answer is the business needs to be sustainable. The four types of responsibilities in
Carroll’s CSR pyramid are: business needs to be profitable, operate within the sphere of the law,
conduct itself ethically and have a duty to be a good corporate citizen. (See 5.2 Lesson 5)


The correct answer is:
Business to be sustainable.

Question 5
Correct



Whatsapp Marlvin @ +2763 173 8181

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