Principles of Strategy Risk & Financial Management Techniques (MAC2602)
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9/5/23, 12:57 PM Assessment 2: Attempt review
MAC2602-23-S2 Welcome Message Assessment 2
QUIZ
Started on Tuesday, 5 September 2023, 13:20 PM
State Finished
Completed on Tuesday, 5 September 2023, 13:57 PM
Time taken 40 mins 34 secs
Marks 48.00/50.00
Grade 98.00 out of 100.00
Question 1
Correct
Mark 2.00 out of 2.00
Which ONE of the following options provides the most correct description of the
primary nancial objective of a pro t-making company?
(a) To maximise the level of annual pro ts
(b) To achieve long-term growth in earnings
(c) To maximise the level of annual dividends
(d) To maximise the wealth of its shareholders
Select one:
a. To achieve long-term growth in earnings
After successfully completing your degree, you have just started working at a
company. You have noticed the following as per the list below. Which of the actions
adhere to good corporate governance?
(1) Staff have access to a wide range of information including details of client
accounts, to enable good client service.
(2) The organisation has a graduate program, whereby they offer bursaries to
students and then employ them as trainees once they have completed their studies.
(3) A free annual holiday is given to all directors, and this is not declared as it is not
in the form of a cash payment.
(4) Sometimes, but not very often, if there is a large expense the company will
capitalise it, but only it if is over R100 000.
(a) Statements (1), (2), and (4)
(b) Statements (1), (2), and (3)
(c) Statement (2) and (3)
Which ONE of the following explanations best describes differentiation strategy as
competitive strategy?
(a) The company minimise their selling-, advertising-, research and development
expenses to have lower selling prices than competitors.
(b) The company supply and sell standard and high-volume products at better prices
than competitors.
(c) The company sets the selling price for a product at the perceived value that the
customers have regarding the product.
(d) The company aims to create very high-quality, unique, well designed, and creative
products that will distinguish their products from that of competitors and gaining a
reputation for the quality of their products as well as building a good corporate
image.
Select one:
a. The company supply and sell standard and high-volume products at better
prices than competitors.
b. The company sets the selling price for a product at the perceived value that
the customers have regarding the product.
c. The company aims to create very high-quality, unique, well designed,
and creative products that will distinguish their products from that of
competitors and gaining a reputation for the quality of their products as
well as building a good corporate image.
d. The company minimise their selling-, advertising-, research and
development expenses to have lower selling prices than competitors.
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