MAC2602 Assignment 3 (VERIFIED
ANSWERS) Semester 2 2024 - Due
16 September 2024
, MAC2602 Assignment 3 (VERIFIED ANSWERS) Semester 2
2024 - Due
16 September 2024
Course
Principles of Strategy Risk & Financial Management Techniques
(MAC2602)
Institution
University Of South Africa (Unisa)
Book
Financial Management and Risk Analysis Strategies for
Business Sustainability
QUESTION 1
1.1 Select one example of what should be reflected in a mission statement:
Answer: a)
Mission statements should describe what a company does, the products or services it offers,
and its purpose. Option (a) accurately reflects this by describing the business's role in
distributing fresh produce to retailers.
1.2 Select examples of actions relating to secondary stakeholders influencing an
organisation's strategy:
Answer: d)
All of the above statements. All these actions involve stakeholders like legislation bodies,
, unions, and customers, which can impact an organisation’s strategy indirectly.
1.3 Apply cash flow principles and select an example that does not represent a sunk
cost:
Answer: b)
The investment in parts for BMW’s assembly of electric vehicles represents an ongoing or
future cost associated with production, which can still yield returns, as opposed to a sunk
cost that has already been spent and cannot be recovered.
1.4 Select an alternative that is not a reason why stakeholders can influence the future
strategies of an organisation:
Answer: a)