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MNE2601 ASSIGNMENT 02 SEMESTER 2 2024 (224679)
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MNE2601 ASSIGNMENT 02 SEMESTER 2 2024
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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
Feedback
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
Feedback
see page 113 in your prescribed textbook
The correct answer is 'False'.
Question 6
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