MNB1601 ASSESSMENT 6 SEM 2 OF 2024 EXPECTED QUESTIONS AND ANSWERS
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Course
Business Management IB (MNB1601)
Institution
University Of South Africa (Unisa)
THIS DOCUMENT CONTAINS MNB1601 ASSESSMENT 6 SEM 2 OF 2024 EXPECTED QUESTIONS AND ANSWERS. USE IT CORRECTLY AS A GUIDE AND FOR PRACTICE TO SCORE ABOVE 80%
Started on Monday, 5 August 2024, 6:08 PM
State Finished
Completed on Monday, 5 August 2024, 8:05 PM
Time taken 1 hour 56 mins
Marks 56.00/70.00
Grade 80.00 out of 100.00
Question 1 Dumisani is the owner of a company, Knowledge Uncapped, that does marketing
Correct research for local businesses. One of their longstanding clients, Joe’s Gym, has
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approached Dumisani to find out which equipment his clients would prefer to have
of 1.00 access to in the gym. Joe and his team of fitness experts have noticed that many of
their clients have cancelled their contracts with Joe’s Gym in order to join the new,
Flag
question modern gym across the street from them. To retain his clients, Joe wants to upgrade
his equipment, but realises the first step is to find out what his clients want.
Dumisani will have to compile a/an ______________ which is an instrument that will
ask respondents a set of questions and that is then used to generate the data
necessary for accomplishing the research objectives.
Select one:
a. survey instrument OSCAR THE TUTOR
b. assignment oscardiura@gmail.com
+27737560989
c. research checklist for FAC MAC ECS DSC TAX QMI FIN INV
BNU STA tutorials
d. agenda
The correct answer is: survey instrument
Question 2 During the first step of the purchasing process, the need for materials is conveyed by
Correct means of a ___________________ .
Mark 1.00 out
of 1.00 Select one:
Flag a. delivery note
question
b. requisition
c. reminder note
d. inspection report
The correct answer is: requisition
Question 3 The busiest airspace in Africa is above Johannesburg. Here we have the O.R Tambo
Correct International Airport (ORTIA) cooperating with the Rand and Lanseria airports. The
ORTIA was recently upgraded and improved to accommodate more flights and
,Mark 1.00 out customers. Airport operations planning and control activities are aimed at
of 1.00
_____________ .
Flag
question
Select one:
a. reconciling the provision ability of the operations facility with the
demand for specific services
b. foreseeing how technology can improve a specific operational process
c. screening the concepts based on feasibility
d. generating different ideas for new services
The correct answer is: reconciling the provision ability of the operations facility with
the demand for specific services
Question 4 The four marketing variables, known as the marketing mix, combine to form the
Correct market offering. Decisions about the use of the four Ps result in the marketing
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_____________ which is directed at specific consumers in a specific environment.
of 1.00
Flag Select one:
question a. product
b. strategy
c. campaign
d. goal
The correct answer is: strategy
Question 5 Despite a better statement of financial position and a renaissance in the
Incorrect laboratories, IBM fell further behind every year. In Unix servers, the backbone of the
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internet, IBM’s sales rose 3% in 1998, but sales of their competitors soared, for
of 1.00 example Sun Microsystems grew by 29%. Which one of the following best describes
the statement of financial position?
Flag
question
Select one:
a. Can be described as the accrued power of disposal over the products and
services used by the business to generate a monetary return.
b. Consists of primarily receipts resulting in the sale of the business’s
products and/or services.
c. Reflects all the possessions of the business as well as the nature and
extent of the interests in these possessions.
d. Furnishes details about the way the profit or loss for a particular period
was arrived at and how it has been distributed.
, The correct answer is: Reflects all the possessions of the business as well as the
nature and extent of the interests in these possessions.
Question 6 Which one of the following options best represents Channel 4 as a distribution
Incorrect channel?
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of 1.00 Select one:
Flag a. The first wholesaler obtains a specific product from numerous producers
question and then sells the product to the second wholesaler.
b. Wholesalers sell directly to the final consumer.
c. The classic indirect-distribution channel that is still regarded as the most
effective.
d. A direct-distribution channel where the product is sold directly to the
final consumer by the producer.
The correct answer is: The classic indirect-distribution channel that is still regarded
as the most effective.
Question 7 Notwithstanding some difficulties, Derby Departmental Store surpassed all
Incorrect expectations, and it is generally known in the market that the people working for
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Derby have been responsible for the company standing out from its competitors.
of 1.00 Lately, however staff turnover has increased, and after a one-week strike, customers
began to complain about the quality of products on the shelves and customer
Flag
question service by staff. In a bid to decrease staff turnover and to reward employees for their
exceptional work, Derby launched an incentive scheme where qualifying employees
received all-expenses paid overseas trips. Which type of compensation is being
offered by Derby?
Select one:
a. Reward
b. Indirect compensation
c. Direct compensation
d. Travel allowance
The correct answer is: Reward
Question 8 Venture-capital funding may sometimes be used to fund high-growth small
Incorrect companies. Venture capitalists usually invests in companies in return for which one
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of the following?
of 1.00
, Flag Select one:
question
a. Buy-back options
b. Preference shares
c. Tax breaks
d. Interest on capital loaned
The correct answer is: Preference shares
Question 9 At O.R Tambo International Airport (ORTIA) different techniques can be used for
Correct capacity planning and control. If ORTIA decide to use the moving-average demand-
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forecasting technique, this will _____________.
of 1.00
Flag Select one:
question a. O.R Tambo International Airport (ORTIA) be used to evaluate the effect of
different capacity plans graphically
b. involve shifting the responsibility for quality from the operations-
management function to the entire business
c. be based on the availability of actual demand data over preceding
periods
d. involve upgrading or replacing technology when necessary
The correct answer is: be based on the availability of actual demand data over
preceding periods
Question 10 Mavis is the marketing manager for Mars Plastics. She is serving on a cross-
Incorrect functional purchasing team for the company’s toy division. The team includes
Mark 0.00 out members from the finance department, the purchasing and supply department and
of 1.00 Mars Plastic’s main toy supplier, Kidz R Us. In order to assess the management
performance of the cross-functional team on which Mavis serves, Mars Plastics has
Flag
question put together an evaluation sheet. Which one of the following options would be
included in the evaluation sheet used for management performance?
Select one:
a. The adequacy of performance appraisal
b. Noting the number of orders marked as urgent
c. The diligence with which purchasing requests are executed
d. Measuring the contribution purchasers make
The correct answer is: The adequacy of performance appraisal
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