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MNE2601 ASSIGNMENT 02 SEMESTER 2 2024 (224679)
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MNE2601_SEMESTER 2_ASSIGNMENT 02 2024Open block drawer
Started on Tuesday, 13 August 2024, 4:49 PM
State Finished
Completed on Tuesday, 13 August 2024, 4:58 PM
Time taken 8 mins 31 secs
Marks 15.00/15.00
Grade 100.00 out of 100.00
Question 1
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Innovation in emerging economies does not take place in a vacuum and entrepreneurs need
to take capitalise on the interrelatedness between these economies.
True
False
Feedback
see page 102 in your prescribed textbook
The correct answer is 'True'.
Question 2
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Praxis is defined as the actual work that constitutes strategy and the flow of activity
through which strategy is accomplished.
True
False
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see page 81 in your prescribed textbook
The correct answer is 'True'.
Question 3
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, Most of the planning in small businesses happens formally because there is a lack of
knowledge on how to plan.
True
False
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see page 79 in your prescribed textbook
The correct answer is 'False'.
Question 4
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Conflict of interest refers to situations that have the potential to lead to ethical breach
whereby individual interests appear to be in conflict with those of the entity that a person
represents.
True
False
Feedback
see page 118 in your prescribed textbook
The correct answer is 'True'.
Question 5
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In McKinsey's 7s model, systems refer to the way the firm is managed and the management
style used to achieve innovation.
True
False
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see page 113 in your prescribed textbook
The correct answer is 'False'.
Question 6
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