Exam (elaborations)
MNB1501 ASSESSMENT 4 QUIZ DUE 3 OCTOBER 2024
- Institution
- University Of South Africa (Unisa)
MNB1501 ASSESSMENT 4 QUIZ DUE 3 OCTOBER 2024.Get a strong pass-FORTIS PASSUM.
[Show more]
Content preview
MNB1501 ASSIGNMENT 4 SEMESTER 2Closes: Thursday, 3 October 2024, 9:00 PM
PASS WITH DISTINCTIONS. FORTIS PASSUM
FOR FURTHER ASSISTANCE WITH ECONOMICS,
MANAGEMENT, ACCOUNTING, TAXATION EDUCATION@ LLB
MODULES.
CALL/WHATSAAP0816884518/0816884519
EMAIL: info@fortispassum.co.za
admin@fortispassum.co.za
, 1. MNB1501-24-S2
2. Welcome Message
3. Assessment 4
Quiz
Assessment 4
Open course index
Started on Thursday, 12 September 2024, 9:58 PM
State Finished
Completed on Thursday, 12 September 2024, 10:02 PM
Time taken 4 mins 15 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Flag question
Question text
______________ is a management process whereby organisational goals are formulated. This
process entails a systematic and clear description of the direction that a business must take to
accomplish its organisational goals.
a.
Leading
b.
Control
c.
Planning
d.
Strategising
Feedback
Your answer is correct.
The correct answer is planning. Planning is a management process whereby organisational goals are
formulated. This process entails a systematic and clear description of the direction that a business
must take to accomplish its organisational goals. Refer to section 7.1.
, The correct answer is:
Planning
Question 2
Correct
Mark 1.00 out of 1.00
Flag question
Question text
If Hungry Lion were to take over its suppliers of chickens to ensure a better quality of supply. This
long-term strategy would be known as _____________________.
a.
innovation
b.
vertical integration
c.
product development
d.
horizontal integration
Feedback
Your answer is correct.
The correct answer is vertical integration. Vertical integration refers to a business strategy of taking
over organisations that supply a business with inputs, or those that act as the intermediaries of a
business. Refer to section 7.7.1.
The correct answer is:
vertical integration
Question 3
Correct
Mark 1.00 out of 1.00
Flag question
Question text
Which specific corporate strategy involves taking over other businesses that provide raw materials or
act as outlets?
a.
horizontal integration
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 distinctiongateway. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R50,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
53068 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now