100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary MNB FULL EXAMPACK LATEST PAST PAPERS SOLUTIONS AND QUESTIONS COMPREHENSIVE PACK FOR EXAM AND ASSIGNMENT PREP $5.84   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. MNB1501 - Business Management IA (MNB1501)

Summary

Summary MNB FULL EXAMPACK LATEST PAST PAPERS SOLUTIONS AND QUESTIONS COMPREHENSIVE PACK FOR EXAM AND ASSIGNMENT PREP
 1070 views  15 purchases
  • Course
  • MNB1501 - Business Management IA (MNB1501)
  • Institution
  • University Of South Africa (Unisa)

MNB FULL EXAMPACK LATEST PAST PAPERS SOLUTIONS AND QUESTIONS COMPREHENSIVE PACK FOR EXAM AND ASSIGNMENT PREP

Preview 1 out of 71  pages

Document information

  • March 6, 2019
  • 71
  • 2018/2019
  • Summary

Subjects

  • mnb1501⭐2023⭐ full exampack latest past papers solutions and questions comprehensive pack for exam and assignment prep

Written for

  • University of South Africa (Unisa)
  • MNB1501 - Business Management IA (MNB1501)
All documents for this subject (116)

Seller

avatar-seller
Mgwebs

Reviews received

Content preview

MNB1501 TEST BANK

QUESTION 1

Which of the following statements on the economic principle are correct?

a) Ensuring the highest possible satisfaction of needs with scarce resources is
known as the economic principle.
b) The economic principle refers to a business‟s endeavour to keep its input
costs as high as possible.
c) Businesses that apply the economic principle try to achieve the highest
possible income.
d) The economic system is not subject to the economic principle.

1. a Correct answer Option 1
2. acd
3. bcd
4. cd

Read case study 2 “The airline industry – developing value-based competition
in the South African airline market” (page 13 in your prescribed book “Business
Cases”) and answer questions 2 to 4.

QUESTION 2

Part of Kulula‟s mission statement states “where possible, we provide our staff with
the best opportunities to develop their skills, and take their abilities to new heights in
the service of our customers.” Kulula therefore satisfies the ________________ of
their employees.
1. Physiological needs
2. Security needs
3. Social needs
4. Esteem needs
5. Self-realisation needs Correct answer Option 5

QUESTION 3

The resources used by low-cost airlines include _________________.
a) natural resources
b) human resources
c) capital resources
d) entrepreneurship/management

1. a b c d Correct answer Option 1
2. ab
3. abc
4. bcd




1

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Mgwebs. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $5.84. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84146 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$5.84  15x  sold
  • (0)
  Add to cart