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MNM2604 ASSESSMENT 3 SEMESTER 2 2024 (A+ SOLUTIONS)Sizakele runs a catering company and has decided to change how her business does business with customers. This is an example of…innovation. a. business model b. product c. customer model d. processR50,00
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MNM2604 ASSESSMENT 3 SEMESTER 2 2024 (A+ SOLUTIONS)Sizakele runs a catering company and has decided to change how her business does business with customers. This is an example of…innovation. a. business model b. product c. customer model d. process
MNM2604 ASSESSMENT 3 SEMESTER 2 2024
Sizakele runs a catering company and has decided to change how her business
does business with customers. This is an example of…innovation.
a. business model
b. product
c. customer model
d. process
EXCELGATE INSTITUTE 0846244729 iexcelgate@gmail.com
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELGATE INSTITUTE 0846244729 iexcelgate@gmail.com
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Education is the most powerful weapon which you can use to change the world
, MNM2604-24-S2 Assessment 3
QUIZ
Started on Saturday, 28 September 2024, 4:06 PM
State Finished
Completed on Saturday, 28 September 2024, 4:25 PM
Time taken 18 mins 56 secs
Grade 20 out of 20 (100%)
Question 1
Correct
Mark 1 out of 1
Sizakele runs a catering company and has decided to change how her business
does business with customers. This is an example of…innovation.
a. business model
b. product
c. customer model
d. process
Your answer is correct.
Option C is correct because Sizakele has adopted business model innovation,
which allows for changes to the way that an organization does its business.
Refer to Page 73 in the study guide.
The correct answer is:
business model
, Question 2
Correct
Mark 1 out of 1
Bakubung is a food manufacturing company. The company wants to conduct
research on consumers who are health conscious. It has commissioned
research where a group of consumers will be interviewed to explore the type of
food that they prefer for purposes of keeping healthy. This is an example of …
a. qualitative research.
b. quantitative research.
c. mixed method research.
d. analytical research.
Your answer is correct.
The correct answer is “qualitative research”, which entails exploring issues and
understanding underlying reasons and motivations. The aim of such research is
to explain a current situation. “Quantitative research” is incorrect; the purpose of
this type of research is to establish relationships between variables in the
research population or a representative sample of the population by means of
statistical analysis. “Mixed method research” is incorrect; this type of research
involves the use of more than one method of collection, analysis, interpretation
and reporting of data. It is a combination of qualitative and quantitative
research. “Analytical research” is incorrect; it is part of the research design. The
answer can be found on page 74 of the prescribed book.
The correct answer is:
qualitative research.
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