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MNB1501 ASSIGNMENT 06 SEMESTER 01 2023 (707131)
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MNB1501 ASSIGNMENT 06 SEMESTER 01 2023 ()
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Started on Friday, 10 March 2023, 1:52 PMState Finished
Completed on Friday, 10 March 2023, 2:29 PM
Time taken 37 mins 33 secs
Marks 17.00/20.00
Grade 85.00 out of 100.00
Question 1
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Question text
The _____________________ function is responsible for acquiring all products and materials
that are required by the business to function profitably.
a.
operations
b.
purchasing and supply
c.
human resources
d.
general management
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The correct answer is:
purchasing and supply
Question 2
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, Question text
Which one of the following is a disadvantage of a command economy?
a.
The environment is unstable.
b.
There are high social costs.
c.
Planning is difficult or impossible.
d.
State organisations can be unproductive.
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Planning is difficult or impossible.
Question 3
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Which one of the following are NOT criteria Robertson and Cronje, from Big Blue, would
have used to determine whether a good idea is an investment opportunity?
Select one:
a.
Increased market share
b.
A potential to grow.
c.
The timing must be right.
d.
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