Exam (elaborations)
MAC2602 Assignment 4 Semester 2 2024
- Institution
- University Of South Africa (Unisa)
MAC2602 Assignment 4 Semester 2 2024
[Show more]
Content preview
9/26/24, 12:04 PM Assessment 4: Attempt reviewUNISA 2024 MAC2602-24-S2 Welcome to MAC2602 Assessment 4
QUIZ
Started on Thursday, 26 September 2024, 11:20 AM
State Finished
Completed on Thursday, 26 September 2024, 12:04 PM
Time taken 43 mins 25 secs
Marks 46.00/50.00
Grade 92.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
National University is a university located in a medium-size city in a developed country. From the following assumptions,
select those that are most relevant to National University and its strategy?
(1) Good local infrastructure such as roads and telecommunications.
(2) A decline in the birth rate.
(3) A change in national government.
(4) Good transport systems.
(a) Statements (1) and (2)
(b) Statements (1), (2) and (3)
(c) Statements (2), (3) and (4)
(d) Statements (1), (2), (3) and (4)
Select one:
a. Statements (1), (2), (3) and (4)
b. Statements (1), (2) and (3)
c. Statements (1) and (2)
d. Statements (2), (3) and (4)
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22645554&cmid=854265 1/12
,9/26/24, 12:04 PM Assessment 4: Attempt review
Question 2
Correct
Mark 2.00 out of 2.00
Which ONE of the following statements is TRUE?
(a) Risk only relates to new issues.
(b) Risk is only concerned about things going wrong.
(c) Risk can recognise positive events, including opportunities.
(d) Big enterprises are the only ones who need to manage risks.
Select one:
a. Risk can recognise positive events, including opportunities.
b. Risk only relates to new issues.
c. Big enterprises are the only ones who need to manage risks.
d. Risk is only concerned about things going wrong.
Question 3
Correct
Mark 2.00 out of 2.00
Risk appetite is the nature and strength of risk an organisation is prepared to bear. Select the correct classi cation that
indicates the risk appetite of an organisation that is an aggressive risk taker to get high returns.
(a) Risk relevant
(b) Risk capacity
(c) Risk seeking
(d) Risk culture
Select one:
a. Risk relevant
b. Risk seeking
c. Risk capacity
d. Risk culture
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22645554&cmid=854265 2/12
,9/26/24, 12:04 PM Assessment 4: Attempt review
Question 4
Correct
Mark 2.00 out of 2.00
XYPOX Company is a fast-growing online marketing company. It has applied to its bank for a substantial new ve-year loan.
Which ONE of the following is likely to be the LEAST important to the bank as part of their assessment of the loan to XYPOX
Company?
(a) An analysis of XYPOX Company’s strategic plan.
(b) Cash Flow forecasts for the next ve years.
(c) Detailed analysis of the current management team.
(d) Financial statements of XYPOX Company for the last three years.
Select one:
a. An analysis of XYPOX Company’s strategic plan.
b. Cash Flow forecasts for the next ve years.
c. Detailed analysis of the current management team.
d. Financial statements of XYPOX Company for the last three years.
Question 5
Incorrect
Mark 0.00 out of 2.00
FARM AGRI (Pty) Ltd is a South African company that manufactures agricultural machinery and other agricultural equipment.
All its products are sold in its home market, South Africa. It has a strong place in this market but has several competitors who
sell similar machinery. Which of the following examples would in uence strategic risk for FARM AGRI (Pty) Ltd?
(1) The risk that a new type of irrigation system for the agricultural industry will fail to be effective due to limited power
supply.
(2) The risk of resource depletion due to import restrictions, meaning that new sources of sheet metal will have to be found.
(3) The risk of competitors moving their production to a different country and being able to cut costs.
(4) The risk that the human resources director of FARM AGRI will be recruited by AgriMac company, a key competitor.
(a) Statements (1) and (2)
(b) Statements (2) and (3)
(c) Statements (1), (2) and (4)
(d) Statements (1), (2) and (3)
Select one:
a. Statements (2) and (3)
b. Statements (1) and (2)
c. Statements (1), (2) and (4)
d. Statements (1), (2) and (3)
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22645554&cmid=854265 3/12
, 9/26/24, 12:04 PM Assessment 4: Attempt review
Question 6
Correct
Mark 2.00 out of 2.00
JUMPOS is a food manufacturer in a developed country that supplies a small number of selected customers in its domestic
market. The board of directors at JUMPOS has decided to appoint a risk manager whose rst job is to list all the major risks
that the Company faces. Having looked at the job description for the position, the risk manager has been asked to clarify the
difference between strategic and operational risks. Which combination of the following examples will fall under the strategic
risk category for JUMPOS?
(1) Power cuts interrupt production at the factory.
(2) Increasing awareness of customers regarding allergies to speci c ingredients in products.
(3) Failure to label foods accurately for nutritional information.
(4) Consumer resistance to testing their products using animals.
(5) Resignation of any factory workers on moral or ethical grounds.
(a) Alternatives (1), (2) and (3)
(b) Alternatives (2), (3) and (4)
(c) Alternatives (1), (2), (4) and (5)
(d) Alternatives (2) and (4)
Select one:
a. Alternatives (2), (3) and (4)
b. Alternatives (1), (2), (4) and (5)
c. Alternatives (1), (2) and (3)
d. Alternatives (2) and (4)
Question 7
Correct
Mark 2.00 out of 2.00
The competitive strategy of setting a high price when a product is introduced and gradually lowering its price is known as
_________.
(a) Pricing strategy
(b) Cost leadership strategy
(c) Differentiation strategy
(d) Long-term goal strategy
Select one:
a. Cost leadership strategy
b. Differentiation strategy
c. Pricing strategy
d. Long-term goal strategy
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=22645554&cmid=854265 4/12
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 ExpertAcademy. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R85,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76462 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now