Beruflich Dokumente
Kultur Dokumente
Business Management 1A
MNB1501
Semester 1 and 2
IMPORTANT INFORMATION:
Page
1 INTRODUCTION .......................................................................................................................... 3
2 PURPOSE OF AND OUTCOMES FOR THE MODULE................................................................ 3
2.1 Purpose ........................................................................................................................................ 3
2.2 Outcomes ..................................................................................................................................... 3
3 LECTURER(S) AND CONTACT DETAILS ................................................................................... 4
3.1 Lecturer(s) .................................................................................................................................... 4
3.2 Department ................................................................................................................................... 5
3.3 University ...................................................................................................................................... 5
4 MODULE-RELATED RESOURCES ............................................................................................. 5
4.1 Prescribed books .......................................................................................................................... 5
4.2 Recommended books ................................................................................................................... 6
4.3 Student support for module ........................................................................................................... 6
5 MODULE-SPECIFIC STUDY PLAN ............................................................................................. 6
6 ASSESSMENT ............................................................................................................................. 7
6.1 Assessment plan .......................................................................................................................... 7
6.2 General assignment numbers ....................................................................................................... 8
6.2.1 Unique assignment numbers ........................................................................................................ 8
6.3 Due dates for assignments ........................................................................................................... 8
6.4 Submission of assignments .......................................................................................................... 8
6.5 Multiple choice questions .............................................................................................................. 9
6.6 Assignments ................................................................................................................................. 9
6.6.1 Getting the most out of your assignments ................................................................................... 10
7 OTHER ASSESSMENT METHODS ........................................................................................... 10
8 EXAMINATION ........................................................................................................................... 10
9 FREQUENTLY ASKED QUESTIONS ........................................................................................ 11
10 CONCLUSION............................................................................................................................ 12
11 APPENDIX A: THE ASSIGNMENTS FOR STUDENTS REGISTERED IN SEMESTER 1 .......... 13
12 APPENDIX B: THE ASSIGNMENTS FOR STUDENTS REGISTERED IN SEMESTER 2 .......... 28
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MNB1501/101
1 INTRODUCTION
Dear Student
Welcome to the Department of Business Management and specifically to the module MNB1501. We trust that you
will find this module interesting and stimulating.
The information supplied for MNB1501 will include the following tutorial matter:
Tutorial letters 101 and 301
Study guide
For some of you this will be the first time you are being introduced to the business world, and some of the concepts
will be completely new. For others, who may have studied Business Management (or Business Economics) at
school, or who have worked for some time in the business world, these concepts may be a boring repetition. To
these students we would say: please bear with us in the knowledge that we have a vast range of students from all
walks of life studying this subject.
Some of this tutorial matter may not be available when you register. Tutorial matter that is not available
when you register will be posted to you as soon as possible, but is also available on myUnisa.
It is important that students become familiar with the myUnisa tool. We use the myUnisa tool extensively to
communicate with students. Furthermore the myUnisa tool makes it easier for students to communicate with the
university, with their lecturers, e-tutors and with other students about their learning and challenges. Students need
to register on myUnisa first in order to submit assignments, access library resources, download their study materials
etc. myUnisa is also an important tool for students to participate in activities, tasks and discussion around their
module topics, their assignments, their marks, and their examinations. Visit http://my.unisa.ac.za for an
exaplanation and video tutorial on the process to follow to join the site.
2.1 Purpose
The purpose of the Business Management 1A paper is to give you an overview of what happens in the business
world, and more specifically how a business is managed. The tutorial matter is obviously only an introduction to
what management is all about, but we trust that you will gain sufficient insight, from this tutorial matter, into the
various business functions and that, in turn, you will be able to choose suitable study courses.
2.2 Outcomes
Specific outcome 1:
The learner will be able to demonstrate an understanding of the role of business in society and the position of
business management in the business world.
Specific outcome 2:
The learner will be able to identify an entrepreneur and explain its role in society.
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Specific outcome 3:
The learner will be able to recognise how an organisation functions and how it is established.
Specific outcome 4:
The learner will be able to explain the term "business environment", examine its composition and investigate
aspects of environmental scanning.
Specific outcome 5:
The learner will be able to provide an overview of the role of management in a business, by defining management
and supplying reasons why management is essential to any organization.
Specific outcome 6:
The learner will be able to provide a broad overview of the corporate social responsibilities of South African
organisations.
Specific outcome 7
The learner will be able to analyse planning as a management task relevant to all management levels.
Specific outcome 8
The learner will be able to describe organising as a management task, including modern structuring and design.
Specific outcome 9
The learner will be able to analyse leading as a management task, by focusing on culture, motivation and
communication.
Specific outcome 10
The learner will be able to discuss control as a management task aimed at continuously improving the
organisation's performance.
Ms N de Metz: dmetzn@unisa.ac.za
Ms N da Silva-Esclana: dsilvn@unisa.ac.za
Prof S Rudansky-Kloppers: rudans@unisa.ac.za
For academic enquiries, please use the following number: (012) 429 4239.
NB: Please make an appointment beforehand if you want to visit a lecturer personally. Lecturers often have
prior appointments, a fact which may cause disappointment if you arrive at the University without having
first arranged an interview.
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MNB1501/101
Should you have any administrative enquiries, please contact the respective department directly as your lecturer
will not be able to assist you:
3.2 Department
For administrative enquiries, please use the following number: (012) 429 4220; email address:
busman@unisa.ac.za
3.3 University
Contact addresses of the various departments and general Unisa contact details are included in
myStudies@Unisa, which you received with your study package.
NB: When contacting Unisa, always have your student number available.
4 MODULE-RELATED RESOURCES
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A study guide will be issued to you upon registration (also available on the myUnisa website). The study guide is
intended to guide you in your study of the prescribed book, Introduction to Business Management. Examination
and assignment questions are based mainly on the prescribed books.
NB: The prescribed books cannot be ordered from Unisa. Please refer to the list of official
booksellers and their addresses in my Studies @ Unisa brochure.
Please note that the prescribed books mentioned above will be used for both MNB1501 and MNB1601. For
MNB1501 you need to study the following chapters in the prescribed books:
Chapters 1-10 (Chapters 11 - 15 will be covered in MNB1601.) You also need to study all of the topics in your
study guide. You will need to consult the case-study book “Business Cases” when answering the multiple choice
questions in your assignments.
Important information appears in your myStudies@Unisa brochure. In addition, all students will be grouped to an E-
Tutor group for the duration of the semester. You can make contact with your E-Tutor via the myUnisa site once
you are grouped.
The E-Tutors are there to assist you with your studies and will be available for the duration of your first
semester as a MNB1501 student in 2015.
Students will receive an email (send to the myLife account) indicating which tutor group the student has been
grouped to. Please make sure to regularly access both the main site as well as the e-tutor site as new
information and additional resources will be uploaded throughout the semester. You can access your e-tutor group
via the "More sites" link on myUnisa. Your E-tutor site link will be identifiable by the “E” at the end of the name:
MNB1501-15-S1-12E. Please note that the last number in this site name is the number of the E-tutor group you
belong to.
Please note: Students need to contact the E-Tutor via the myUnisa website only; you will not be able to contact
the E-Tutor via personal email or by phone.
Use your myStudies@Unisa brochure for general time management and planning skills. The following is a
recommended time schedule which can be used as a guideline for studying this module:
ACTIVITY HOURS
Reading of relevant chapters in the prescribed books 40
Reading of study guide 10
Doing of activities in the study guide 10
Doing of the assignments 5
Studying of the prescribed books and study guide and making of summaries 50
Final revision 5
TOTAL 120
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MNB1501/101
6 ASSESSMENT
The University has a policy of compulsory assignments in all modules for 2015. Both assignments 01 and 02 for
MNB1501 are thus compulsory assignments. You must submit ASSIGNMENT 01 in order to obtain admission to
the examination. Admission will be obtained by submitting the assignment and not on the strength of the marks
you obtain for it. Failure to submit Assignment 01 will mean that you will not be admitted to the examination,
regardless of whether or not you submit Assignment 02.
Take note that there are different assignments set for each semester. Semester 1 students will write their
examination during the May/June examination period. Semester 2 students will write their examination
during the October/November examination period. Complete your assignments accordingly.
You will receive feedback on both the assignments in Tutorial Letter MNB1501/201/3/2015.
VERY IMPORTANT. Please ensure that your assignments reach us on or before the due dates. You will
not be admitted to the examination if an assignment is submitted later than the due dates. Please do not
phone us with a request to be admitted to the examination if you have not submitted an assignment, or if
you submitted it later than the due date.
NB: Only mark-reading sheets may be used to answer the questions for assignments. You must
ensure that Unisa supplies you with enough mark-reading sheets. Please DO NOT FOLD your
mark-reading sheet. Always send it in the A4 envelope provided for that purpose. All students are
issued with an assignment pad, and some assignment cover sheets, regardless of the number of
subjects for which they have enrolled. You do not need these pads or cover sheets for Business
Management 1A. Answers on a sheet of paper cannot be marked by the computer. Send only the
mark-reading sheet in the A4 envelope to the Assignment Department.
Instructions on the use of mark-reading sheets for answering multiple-choice questions are contained in the 2015
myStudies@Unisa brochure. Read these instructions CAREFULLY and make sure you follow them STRICTLY to
avoid making unnecessary mistakes.
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We wish to stress that in all these cases, the mark-reading sheet simply cannot be processed by the computer, and
in certain instances may even damage the marking equipment.
Mark-reading sheets which are rejected by the computer will be returned to students without
being marked. In such cases, the student will receive no marks for the assignment.
Assignments are numbered consecutively per module, starting from 01. MNB1501 consists of assignment 01 and
assignment 02.
Different unique numbers are allocated to the two assignments for the first and the second semesters. Please
make sure that you provide the correct unique number on the mark-reading sheet. For instructions on how to
use the mark-reading sheet, refer to section 6.1 of the tutorial letter.
The compulsory assignments for 2015 for the module MNB1501 are set out in Appendix A (semester one) and
Appendix B (semester 2) of this tutorial letter.
There is only one exception, and this is for postgraduate students ONLY. Postgraduate students are
allowed to be registered for both MNB1501 and MNB1601 in the same semester. These students may
submit assignments for both MNB1501 and MNB1601 in the same semester.
Students may submit written assignments and assignments completed on mark-reading sheets either by post or
electronically via myUnisa. Assignments may not be submitted by fax or e-mail. Please forward your assignments to
the Assignment Department and not to the Department of Business Management. This will ensure that your
assignment is recorded. An assignment sent to the Department of Business Management will be returned
unmarked. For detailed information on how to submit assignments, please refer to the myStudies@Unisa brochure,
which you received with your study package.
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MNB1501/101
• Go to http://www.my.unisa.ac.za
• Ensure that you have set up your myLife email account
• Log in with your student number and password
• Select the module from the orange bar
• Click on assignments in the left menu
• Click on the assignment number you want to submit
• Follow the instructions
The examination at the end of the semester will consist only of multiple-choice questions. There are no essay
questions in the examination. The multiple-choice questions are not marked negatively: in other words, marks are
not deducted for wrong answers. All questions carry equal marks.
Shortly after the closing date of assignments, you will receive a computer printout giving your answers, the correct
answers, and your marks for the assignment. Soon after that, you will also receive a tutorial letter with detailed
comments on each question, explaining why one particular option was correct and why the other options were
wrong.
NOTE: We wish to urge you in the strongest possible terms that when you answer multiple choice questions, you
write out your own reasoning for each option. In other words, if you decide that the correct answer to a particular
question is option 3, you must then write down why you think option 3 is correct, and why you think options 1, 2 and
4 are wrong. Write your reasons on a separate sheet of paper and keep them for reference and comparison with
our reasons and explanations.
Do not send your written explanations to us. We will not be able to mark them. They are only for
your own use.
Compare your answers and reasoning with our explanations as soon as you receive our explanations. Don't make
the mistake of putting this off until just before the examination.
6.6 Assignments
The main purpose of the assignments is to encourage you to study the prescribed books, to read certain sections
over and over again, and to think about the tutorial matter in terms of its practical application. With these remarks in
mind, the questions may sometimes be difficult, and some may seem ambiguous. The idea is not to trick you or
catch you out, but to make you think.
Formative assessment for MNB1501 takes place through a year mark system. Both assignments are compulsory.
You will be allocated a mark for Assignment 01 and a mark for Assignment 02. The best/highest mark will be taken
as your year mark. Your final assessment mark for this module will therefore be a combination of the
assignment mark and the examination mark. The assignment mark (the best/highest mark of the two
assignments) will contribute a maximum of 20% to the final assessment mark for the module, while the examination
mark will contribute 80%. Irrespective of the year mark obtained, a sub minimum of 40% must be obtained in the
examination. You will therefore not pass the module if your examination mark is less than 40%. Please study the
following examples to see how the assignment mark (the highest mark of the two assignments) will contribute to
the final assessment mark:
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Example 1:
If you get an assignment mark of 50%, this mark of 50% is then multiplied by 0,2 which equals 10% of the final
assessment mark. If the learner obtains 35 out of a possible 70 marks in the examination (50%), this percentage is
then multiplied by 0,8 which equals 40% of the final assessment mark. The assignment mark and the examination
mark are then combined (10% + 40%) to give a final assessment mark of 50% for the module.
Example 2:
If you get an assignment mark of 60% this mark, multiplied by 0,2 gives 12% of the final assessment mark. If the
learner then obtains 44 out of 70 marks (or 63%) in the examination, this figure is then multiplied by 0,8 to give
50.4%. The two results are then combined to give a final assessment mark of 63% (12% + 50.4%) for the module.
Since university studies are intended to teach you to think, we strongly recommend that you write down your
reasoning for your answer to each question on a separate sheet of paper. We make this suggestion because a few
weeks always elapse between submitting assignments and receiving our answers and explanations, by which time
you will have forgotten why you gave a particular answer. So write your reasons down, and as soon as you receive
our explanation of the assignments, compare your reasoning with ours. Doing this will enable you to get the most
out of your studies.
Do not mark any answers on the actual assignments. Keep your assignment pages clean, or else make a
photocopy of them before you make any marks on them. Then, when you prepare for the examination, you can
work through the assignments again without having the correct answers for each question in front of you.
And if you really want to study effectively, study the particular issues that are covered by the assignment, and then
answer all the questions without going back to the prescribed book. You will then be answering the questions under
examination conditions, and that will be a real test of whether or not you understand the tutorial matter.
As an additional means of assessment, visit the myUnisa website to view and complete the Self-assessment
questions which will be uploaded on a periodic basis. Announcements will be made on myUnisa to inform students
as the exercises are uploaded.
8 EXAMINATION
Admission to the examination
Make sure that you have the correct date, time and venue. It has happened in the past that students have arrived
at the wrong venue, or at the wrong time, or even on the wrong day.
We urge you all to do your revision work regularly. Do not slacken off once the assignments are behind you. And
remember, high marks in the assignment do not guarantee high marks in the examination, since you do not have
an open book before you.
The examination will consist of 70 multiple-choice questions. There will be no essay questions.
th
NB: Study all the chapters prescribed for this module (chapters 1-10 in the 9 edition of Introduction to Business
Management) in conjunction with all the study units in the study guide. You need not study each of the case studies
in the Business Cases book. Extracts from the various cases will be given in the examination.
The questions will be similar to those in the assignments. Please note that fake “old” examination papers are in
circulation among students. Please be aware of the risk of placing too much value on such papers. Take note that
NO MEMORANDUMS can be supplied for old exam papers.
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MNB1501/101
nd
Rudansky-Kloppers, S & Strydom, JW (eds). 2013. 2 ed. Multiple choice questions for Introduction to Business
Management. Cape Town: Oxford. ISBN: 9780199045341
- Self-assessment questions on myUnisa: Another good tool to use for revision purposes is the self-
assessment exercises (in the form of multiple-choice questions) that have been uploaded on myUnisa.
Unisa policy dictates that no examination paper or memorandum may be distributed by lecturers in any format or
manner. As such the examination department will upload old exam papers on myUnisa for your own personal
use. Take note that NO MEMORANDUMS will be provided in this regard. Do not contact or ask your lecturer for
these memorandums – they are not at liberty to provide them to you.
Your lecturers do not advocate the studying of old examination papers – it is not expected of you to study these
papers for examination purposes as the examination will be based on the prescribed textbook. These papers are
SOLELY for revision purposes. Please be aware of the risk of placing too much value on such papers. It is
therefore recommended that the MCQ prescribed book and the self-assessment questions must be used for
revision.
The Examinations Department will notify you of your examination results, do not contact the
lecturers in this regard.
Please refer to myStudies@Unisa for more information. Students can also access frequently asked questions from
the myUnisa website.
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10 CONCLUSION
If you experience any problems in your studies during the semester, please do not hesitate to contact us in writing,
by telephone, or in person (by appointment).
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MNB1501/101
ASSIGNMENT 01
Assignment FIRST SEMESTER
number Due Date Unique number
01 20 March 2015 597592
This assignment consists of 20 multiple-choice questions. Use a mark-reading sheet to answer and submit the
assignment. You may also use the myUnisa system to submit it.
Note: You must submit this assignment in order to obtain entrance to the examination!
QUESTION 1
The primary purpose in a free-market system is ______________ while satisfying the needs of the people.
QUESTION 2
Businesses today are under increasing pressure from society, business watchdogs and government on certain
factors. Match the factor in column A with the description in column B.
QUESTION 3
“SAB works with the government to get unlicensed outlets (shebeens) registered.” A shebeen falls in the
________________ sector of the economy.
1 formal
2 informal
3 wholesale
4 municipal
QUESTION 4
________________ is the transformation of water and other ingredients, by SAB, into beer and other alcoholic
beverages.
1 Exchange
2 Tangibility
3 Sustainability
4 Production
QUESTION 5
1 abcde
2 ace
3 abce
4 bde
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MNB1501/101
Read case study 3: “Innovation and technology – principles and cases in practice”, page 48 in your
prescribed book Business cases, and then answer questions 6 and 7.
Over the last 20 years several family breweries have sprung up, offering new beer products with unique
characteristics. This has led to the availability of types of beers such as spontaneously fermented beers and
speciality top-fermented beers such as ales, white beers and Trappist beers. Trappist beers are top-fermented
beers and get their name from the places where they are produced, namely in abbeys called Trappist monasteries.
The beers are produced by monks of the Trappist order and marketed as authentic Trappist products. Tourists
make an effort to visit these breweries to buy Trappist beers and to experience the unique culture of speciality
beer.
QUESTION 6
A feasibility study has to be done to determine whether the production of Trappist beers would become a successful
venture. Which one of the following statements is true for a feasibility study?
QUESTION 7
The Trappist beer companies need to consider what the future might offer, how this will affect the business, and
what resources and actions are necessary to prepare for it. This refers to the following management skill:
1 Strategy skill
2 Planning skill
3 Marketing skill
4 Project management skill
QUESTION 8
Vicky has just finished her degree at a well-known beauty school in Cape Town. She is interested in buying an
existing salon. Which of the following would be an advantage of buying an existing business?
1 abc
2 abd
3 bce
4 bde
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Read the extract below from case study 3: “Innovation and technology – principles and cases in
practice”, in your prescribed book Business Cases, and then answer question 9 and 10.
The sports enthusiast and mechanical engineer Celliers Kruger self-published a book on paddling in
South Africa. His innovative boat designs led to the export of hundreds of plastic kayaks. The company,
called Fluid, designed stunt kayaks and two-seaters. The company achieved success by fitting Kruger‟s
product design with an appropriate cost-effective process namely a specially designed oven for roto-
moulding polyethylene.
QUESTION 9
According to the entrepreneurial process, what is the last thing Kruger would have done before implementing his
business?
QUESTION 10
Entrepreneurs have several traits and characteristics that make them successful. Kruger‟s innovation and creativity
made his plastic kayaks a great success. Which one of the following is not a typical trait of an entrepreneur?
Read case study 4: “MXit – using „disruptive technology‟ to build new social networks”, page 56-
63 in the prescribed book Business cases, and answer questions 11 and 12.
QUESTION 11
1 Public company
2 Private company
3 State-owned company
4 Non-profit company
QUESTION 12
On 1 July 2006, Clockspeed Mobile (Pty) Ltd changed its name to MXit Lifestyle (Pty) Ltd. MXit is a private
company, based in Stellenbosch (South Africa) and Port Louis (Mauritius). Which one of the statements about a
private company is correct?
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MNB1501/101
QUESTION 13
JD Group acquired the Steinhoff Unitrans auto vehicles sales unit as well as the Steinbuild retail building supplies
unit in a R3bn share deal. When JD Group acquired the Steinhoff units, it needed a business plan in place. Which
two of the following are external stakeholders that JD Group had to take into consideration in its business plan?
1 ac
2 bd
3 ab
4 cd
QUESTION 14
1time was the second privately owned low-fare airline in South Africa and it started operating in February 2004.
1time had various different forms of enterprises to choose from. Match the correct scenario in column B with the
enterprise form in column A.
Column A Column B
a. Sole proprietorship i. 1time has three directors on its board who have issued shares to raise further capital
for new planes.
b. Partnership ii. 1time‟s lifespan would be linked to that of the owner.
c. Public company iii. The continued existence of 1time depends on the continued involvement of Mr
Tebogo, Mr van Wyk and Mrs Naidoo.
d. Private company iv. 1time is not allowed to have more than 50 shareholders.
QUESTION 15
From a legal point of view, the most pertinent consideration in choosing a form of business is ____________.
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STUDY UNIT 4: THE BUSINESS ENVIRONMENT
Johnson & Johnson (J&J) may be known for its baby care and the Band-Aid strip but simplifying problems is the
essence of its innovation and the secret to its being one of the most admired international companies after 123
years of existence.
QUESTION 16
The military requested that J&J make a waterproof, strong, cloth-based tape that could keep moisture out of
ammunition cases – it was called "duct tape". Soldiers soon discovered that the tape was very useful in repairing
just about anything such as tents, boots and vehicles. In this situation, the military belongs to J&J‟s
______________ environment.
1 market
2 mega
3 micro
4 macro
QUESTION 17
Beauty First is a Proudly South African company that produces beauty products from natural ingredients. Kiki, the
chief executive officer (CEO) of Beauty First, is updating the organisation's initial business plan, as she wants to
approach the bank for an additional loan to finance the upgrading of the laboratory. She has explained that it is a
private company within the retail industry. She has also included a brief history of the company. With which section
of the business plan is Kiki busy?
1 Executive summary
2 General company description
3 Marketing plan
4 Management plan
Read case study 5: “Edcon: Retail leaders”, page 68 in your prescribed book Business Cases, and
then answer questions 18 to 20.
Edcon trades in a market environment where many other clothing retails stores operate against a backdrop of
uncertain economic growth. Conditions are expected to remain challenging as consumers encounter increasing
food, electricity, utility and transport costs, which have started to erode their purchasing power.
QUESTION 18
The increasing food and electricity costs are variables in the _____________ environment which has a/an
______________influence on Edcon.
1 macro/indirect
2 macro/direct
3 market/indirect
4 market/direct
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MNB1501/101
QUESTION 19
The management of Edcon has _____________ control over the components of the market environment.
1 direct
2 indirect
3 no
4 complete
QUESTION 20
Edcon understands the importance of environmental scanning in order to determine what factors in the
environment pose threats or present opportunities to the business. If they decide to do a very elementary form of
scanning, this will involve _____________.
ASSIGNMENT 02
Read case study 1: “Sustainability – South African Breweries”, page 1 in your prescribed book
Business cases, and answer questions 1 to 3.
QUESTION 1
SAB‟s flagship programmes directly support business essentials. The focus is on sports development, enriching
communities and enterprise development.
The statement above refers to _______________ drivers as the main reason why SAB implemented these
programmes.
1 governmental
2 market
3 social
4 ethical
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QUESTION 2
When SAB determines the most important issues where stakeholder engagement might be helpful and the kind of
stakeholders to be considered for engagement, it would be part of the _______________ step of the stakeholder-
engagement process.
1 preparation
2 plan
3 design
4 evaluate
QUESTION 3
Which of the following statements are correct regarding the definition of corporate social responsibility?
a A company‟s main responsibility involves its impact on society, which may not extend beyond legal
compliance and liability of individuals.
b Companies need to manage their relationships with the wider society for both commercial viability
and to add value to society.
c Companies are not directly responsible for the behaviour of others with whom they do business.
d Companies have a responsibility for their impact on society and the natural environment.
1 ab
2 bc
3 ac
4 bd
QUESTION 4
Khanyi is preparing her stakeholder engagement plan and is being as comprehensive as possible. She is trying to
consider every issue that can be brought up and would like to build trust by creating an environment where different
opinions are welcome. Which one of the five key words of the stakeholder engagement process is described
here?
1 Involvement
2 Candour
3 Relevance
4 Learning
QUESTION 5
The ______________ level of management is also referred to as supervisory management and is responsible for
the various subsections forming part of a department.
1 top
2 middle
3 lower
4 functional
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MNB1501/101
Read case study number 5: “Edcon: retail leaders”, page 68 of the prescribed book Business Cases,
and answer question 6 to 8.
QUESTION 6
In the past year, Edcon focused mainly on upgrading of existing stores, but in line with its growth strategy, it has
also formulated a long-term real estate expansion plan for the future. In order to develop these growth strategies,
Edcon management needed to have the mental capacity to view the business and its parts as a whole, which is
referred to as ________________ skills.
1 conceptual
2 interpersonal
3 technical
4 informational
QUESTION 7
Jurgen Schreiber, a German national who has 20 years‟ international experience in the retail industry, has recently
been appointed as Edcon‟s chief executive officer (CEO). As the CEO and a representative figure of the company,
maintaining good relations within the company and with the public, Jurgen Schreiber would be fulfilling a
______________ role within the company.
1 decision-making
2 interpersonal
3 information
4 monitoring
QUESTION 8
If Jurgen Schrieber decides to follow a management approach, whereby the organisation focuses on its core
business and outsources those activities not related to core business, he would be following the
________________ approach.
1 learning organisation
2 re-engineering
3 total quality management
4 strategic management
QUESTION 9
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QUESTION 10
1 top-level
2 lower-level
3 middle-level
4 horizontal-level
QUESTION 11
Kulula airlines have built a reputation of being a low-cost airline. It has directed all its resources and skills to the
profitable growth of its low-cost product. Kulula thus follows a ______________ strategy.
1 market development
2 concentration-growth
3 innovation
4 product-development
QUESTION 12
When a _____________ strategy is implemented, two or more firms embark on some project that is too big for
one firm to tackle on its own. On the other hand, when a _____________ strategy is followed, an organisation
chooses to take over other firms, thereby creating a new entity.
QUESTION 13
1 Strategic planning is a popular management tool used solely by profit-seeking organisations to help
them operate in the business environment.
2 Organisations ranging from government departments to non-profit organisations use strategic
planning to help them operate in the business environment.
3 Strategic goals derive from an organisation‟s mission statement.
4 Top-level managers usually develop goals in areas such as profitability, productivity, competitive
position and social responsibility.
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MNB1501/101
Read case study 5: “Edcon – Retail leaders”, page 68 of your prescribed book, Business Cases, and
answer questions 14 and 15.
QUESTION 14
Edcon applied product departmentalisation by grouping all its activities and resources into three divisions: human
resources, financing and marketing. Which of the following are disadvantages of product departmentalisation?
a Managers in each section concentrate their attention exclusively on their products and tend to lose
sight of other products in the business.
b Specialised knowledge of employees is not used to maximum effect.
c The use of functional specialists and financial experts increases administrative costs.
d Decision-making is time-consuming as each section works towards separate goals.
1 ac
2 bd
3 acd
4 abcd
QUESTION 15
Which of the following are factors that may influence Edcon‟s organisational structure?
1 ab
2 cd
3 abd
4 abcd
QUESTION 16
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QUESTION 17
The organisational chart below shows the layout and hierarchy within Intelligent IT Solutions:
In the organisational structure above, Intelligent IT Solutions is departmentalised according to the ____________.
1 customer
2 product
3 location
4 function
QUESTION 18
Read case study 5: “Edcon: retail leaders” on page 68 in your prescribed book Business cases and
then answer the following questions 19 to 21.
Edcon offers competitive remuneration packages and recognition schemes to motivate employees. Remuneration
is influenced by individual performance and Edcon uses the Golden Hearts recognition scheme to reward
employees nominated by colleagues for living the Edcon values. Edcon also offers a performance reward incentive
that is based on the performance of the individual and the group.
QUESTION 19
Edcon describes one of its five pillars of leadership as transformational leadership, which can be defined as
________________.
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QUESTION 20
What other factors will influence the work performance of employees at Edcon?
QUESTION 21
A group of employees at Edcon decide to start an action cricket team that play together once a week in an action
cricket league. This is known as a ________________ group.
1 command
2 interest
3 task
4 friendship
QUESTION 22
1 acd
2 bd
3 ab
4 abcd
QUESTION 23
Your manager sent you a memorandum containing new information on bonus packages. The memorandum in this
situation is the _____________ in the basic communication model.
1 receiver
2 channel
3 message
4 sender
QUESTION 24
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STUDY UNIT 10: CONTROLLING THE MANAGEMENT PROCESS
Read case study 9: “Toyota – Purchasing function”, on page 129 of your prescribed book Business
Cases, and then answer questions 25 and 26.
QUESTION 25
"In 1938 Toyota launched 'just-in-time' (JIT) on a full-scale basis." The JIT philosophy is also incorporated in the
Toyota production system. The JIT system is an example of a/an ___________________ control system.
1 quality
2 inventory
3 financial
4 product
QUESTION 26
At Toyota it is vital that its control system should accommodate change. This is an example of the
_________________ characteristic of its control system.
1 accuracy
2 integration
3 flexibility
4 simplicity
QUESTION 27
Items (car parts) move only when they are needed by a downstream processing step. In other words, supplies and
assemblies are “pulled” through the system when and where they are needed. Since reductions in throughput time
allow materials to get to where they need to be on time, _____________ activities are all connected to this
objective.
1 just-in-time (JIT)
2 economic ordering quantity (EOQ)
3 total quality management (TQM)
4 materials requirements planning (MRP)
QUESTION 28
Which step in the control process involves important considerations such as what information and how much
information should be fed back and to whom?
1 Establish standards
2 Measure actual performance
3 Evaluate deviations
4 Take corrective action
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QUESTION 29
QUESTION 30
The ______________ budget focuses on revenue and consists of sales budgets and contract budgets.
1 operational
2 financial
3 non-financial
4 liquidity
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12 APPENDIX B: THE ASSIGNMENTS FOR STUDENTS REGISTERED IN
SEMESTER 2
Both Assignment 01 and 02 are compulsory.
NB: THE FOLLOWING SET OF ASSINGMENTS ARE TO BE COMPLETED BY STUDENTS REGISTERED FOR
SEMESTER 2 ONLY
ASSIGNMENT 01
Assignment SECOND SEMESTER
number Due Date Unique
number
01 21 August 2015 597616
Note: You must submit this assignment in order to obtain entrance to the examination!
Read the case study 11: “South Africa‟s global businesses – an untold story”, page 172 of
your prescribed book Business Cases, and answer questions 1 and 2.
QUESTION 1
The economy in which Vodacom and MTN function is characterised by intense competition and rivalry. What type
of economy is this?
1 Free-market economy
2 Competitive economy
3 Socialistic economy
4 Freedom economy
QUESTION 2
Charmaine is the owner of an exclusive guesthouse in Paternoster. She is busy planning for the tourist season in
2015 and she is assessing the viability of targeting the German market for the December holidays. Which
functional area of her business will be responsible for this task?
1 General management
2 Operations
3 Marketing
4 Purchasing
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QUESTION 3
Which social force protects consumers against malpractice and unsafe products from businesses?
1 Consumerism
2 Business ethics
3 Social responsibility
4 Consumer ethics
Read case study 2: “The airline industry – developing value-based competition in the South African airline
market”, and then answer questions 4 and 5.
QUESTION 4
Study the figure below depicting the transformation of resources into products and services.
A B C
QUESTION 5
One of the biggest differentiating factors between full-service airlines and low-cost airlines is the provision of
complimentary cuisine. Which one of the needs in Maslow’s hierarchy is satisfied by this service?
1 Self-realisation needs
2 Social needs
3 Security needs
4 Physiological needs
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STUDY UNIT 2: ENTREPRENEURSHIP
Read case study 4: “MXit – using disruptive technology to build new mobile social networks”, page 56 in your
prescribed book, Business cases, and then answer question 6 and 7.
QUESTION 6
At MXit, participative management is practised as everyone in the company has a say in how the business is run.
This approach is evident in the optimum utilisation of available __________ resources.
1 human
2 financial
3 operating
4 physical
QUESTION 7
If Herman Heunis could attract new investors in MXit, they would be classified as _________ resources.
1 human
2 physical
3 financial
4 operating
QUESTION 8
Moses has just opened a small business which sells shoes. He regards himself as an entrepreneur. Before Moses
actually opened his shoe store, he had identified the need for such a store and wanted to find out whether this
opportunity could be turned into a successful venture. In order to do this he had to compile or conduct a/an
______________.
1 business plan
2 feasibility study
3 small business study
4 entrepreneurial plan
QUESTION 9
One of the entrepreneurship skills Moses requires is strategy skills. This skill refers to ____________ .
1 the ability to consider what the future might offer, how this will impact on the business, and what
resources and actions are necessary to prepare for it
2 the ability to evaluate the offerings of the business and their features, to determine how they satisfy
customers‟ needs and wants, and to establish why customers find them attractive
3 the ability to consider the business as a whole and to understand how it fits within its marketplace,
how it can organise itself to deliver value to its customers, and how it can do this more effectively
and efficiently than its competitors
4 the ability to deal with people including leadership skills, motivational skills and communication
skills
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QUESTION 10
Daniel starts a business, because he lost his job over a year ago and needs to provide for his family. He may,
therefore, be regarded as a/ an ________________ entrepreneur.
1 opportunity
2 corporate
3 social
4 necessity
Read case study 6: “The dilemmas at NCX Pharmaceuticals”, page 82 in your prescribed book
Business cases, and answer questions 11 and 12.
QUESTION 11
If NCX Pharmaceuticals planned for the training and development of employees like Patricia, in which one of the
following parts of the business plan would this be described?
1 Financial plan
2 Management plan
3 Operating plan
4 Marketing plan
QUESTION 12
NCX‟s office in Ferndale would be described in the __________ plan of the business plan.
1 financial
2 management
3 operating
4 marketing
QUESTION 13
Vusi Khumalo plans to open a cycling shop to sell cycling clothes, shoes and equipment. He prefers a form of
ownership that is easy and inexpensive to set up, where the lifespan of the business is linked to his lifespan as an
owner and where the business is not a separate legal person. Which one of the following forms of ownership
should Vusi choose?
1 Partnership
2 Sole proprietorship
3 Private company
4 Public company
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QUESTION 14
1 Co-operative society
2 Close corporation
3 Partnership
4 Business trust
QUESTION 15
Read case study 3: “Innovation and technology – Principles and cases in practice”, page 30 of your
prescribed book Business Cases, and answer questions 16 and 17.
QUESTION 16
1time Airlines was a low-cost carrier that operated in South Africa from 2004 to 2012, before the financial pressure
characteristic of the South African airline sector proved too much and the company went into liquidation. One of the
reasons for the start-up of 1time was the low aircraft acquisition cost in the aftermath of the 11 September 2001
disaster in the United States of America (USA).
The 11 September 2001 event was a variable in the _____________ environment, which had a/an
______________ effect on the airline industry.
1 physical/direct
2 physical/indirect
3 international/direct
4 international/indirect
QUESTION 17
The logo of kulula.com flights includes the slogans, "Now anyone can fly", and '„You gotta love flying", which are
meant to appeal to the widest possible target market.
The logo of kulula.com including the slogans is a variable in the ________________ environment.
1 micro
2 market
3 macro
4 task
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QUESTION 18
a. Urbanisation
b. Energy costs
c. HIV/AIDS
d. Biodiversity
e. Environmentalism
f. Consumerism
1 a, c, f
2 b, d, e
3 a, d
4 c, e
QUESTION 19
Thabo has just started his own public relations firm. Which variable is represented by the following statement: “To
become the first choice in public relations consulting in South Africa and the world?”
1 Vision
2 Mission
3 Objective
4 Strategy
QUESTION 20
Mduduzi has identified that there are no large scale distributors of water purifiers in his region. He believes that, if
he and his management team work well together, they could make a huge profit and become the leaders in this
growing market. This statement describes environmental ___________.
1 opportunity
2 threat
3 consumerism
4 variable
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ASSIGNMENT 02
Assignment SECOND SEMESTER
number Due Date Unique number
02 11 September 2015 597624
Read case study 1: “Sustainability – South African Breweries”, page 1 in your prescribed book
Business cases, and answer question 1 to 3.
QUESTION 1
SAB‟s investors must be provided with a means to query and assess the actions of the board and its committees.
This is known as which one of the characteristics of good corporate governance?
1 Independence
2 Fairness
3 Responsibility
4 Accountability
QUESTION 2
Should SAB explore whether stakeholder engagement is possible and the objectives mutually agreed to for the
engagement, it would be the __________________ step of the stakeholder engagement process.
1 prepare
2 design
3 engage
4 apply
QUESTION 3
Should SAB share knowledge with the various stakeholders in order to ensure that all participants have access to
pertinent information, which approach of stakeholder engagement will SAB be following?
1 Involvement
2 Candour
3 Relevance
4 Learning
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QUESTION 4
The principle of _________________ prescribes that organisations shall respond to stakeholder issues that affect
their performance.
1 stakeholder engagement
2 involvement
3 responsiveness
4 stakeholder consideration
Read the case study 5: “Edcon: retail leaders”, on page 68-77 of your prescribed book Business
Cases, and answer questions 5 and 6.
QUESTION 5
Jurgen Schreiber has recently been appointed as Edcon‟s CEO. As a member of the top management team,
Schreiber should have a high level of _____________ skills.
1 interpersonal
2 technical
3 conceptual
4 diversification
QUESTION 6
Maintaining relationships with Edcon staff can take up to 50% of a manager‟s time. This is an example of the
_______________ role of managers.
1 decision-making
2 interpersonal
3 information
4 analyses
QUESTION 7
Jake is a supervisor at Go Fast Go-kart Manufacturers. He is responsible for the painting and decorating division
of the company. Jake is currently on the _____________ level of management at Go Fast Go-kart Manufacturers.
1 top
2 middle
3 lower
4 strategic
QUESTION 8
Which one of the following does NOT form part of the information role of managers?
1 Monitor
2 Spokesperson
3 Analyser
4 Troubleshooter
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STUDY UNIT 7: PLANNING
QUESTION 9
Read the case study 3: “Innovation and technology – reinventing the casual shoe on Caribbean
sailing trip”, on page 45 of your prescribed book Business Cases, and answer questions 10 and 11.
QUESTION 10
In 2002, three boaters sailing from Mexico to Miami began dreaming about the perfect boat shoe, incorporating
fashion, function and fun. The entrepreneur George B Boedecker Jr founded Crocs Inc, and a new type of shoe
was developed specifically for boaters. The first model produced by Crocs was the Crocs Beach, unveiled in 2002
at a Boat Show. Crocs Inc is now a world leader in innovative casual footwear for men, women and children, and it
celebrated its 10th anniversary in 2012. By providing Crocs shoes to men, women and children, and not just
boaters, Crocs Inc followed a_______________ strategy.
1 vertical-integration
2 diversification
3 product-development
4 market-development
QUESTION 11
As part of Crocs Inc's operational plans, it planned to build a warehouse during the first year of its production. This
is known as a _______________.
1 programme
2 project
3 standard procedure
4 budget
QUESTION 12
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MNB1501/101
Read case study 1: “Sustainability – South African Breweries”, page 1 in your prescribed book
Business cases, and answer question 13 to 16.
QUESTION 13
South African Breweries (SAB) has hotel and gaming interests through Tsogo Sun. It thus follows a
________________ strategy.
1 vertical-integration
2 joint-venture
3 diversification
4 turnaround
QUESTION 14
1 customer
2 product
3 location
4 function
QUESTION 15
The managing director of SABMiller has _______________ authority over the financial, human resources,
operations, technical and marketing directors.
1 line
2 staff
3 functional
4 vertical
QUESTION 16
The managing director of SABMiller decides to transfer authority and responsibility to the operations director. This
is an example of __________________.
1 centralisation
2 decentralisation
3 delegation
4 accountability
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QUESTION 17
Building an organisational structure revolves around the building blocks or fundamentals of an organisation. Which
one of the following is the first building block of an organisational structure?
1 Job design
2 Grouping jobs
3 Coordinating activities
4 Specialisation
QUESTION 18
Thabo owns a construction company.He has employed Siswe to fit the wiring of a building. However, Siswe got
bored with the wiring and Thabo has decided to move him to the window fitting section. This is an example of
_____________.
1 job rotation
2 job selection
3 job specification
4 job enrichment
Read the case study 5: “Edcon – retail leaders”, page 68 of your prescribed book Business Cases,
and answer questions 19 and 20.
QUESTION 19
As the directors of the company, Sydney Press, Hubert Press, Elli Roos and Alan Leon would delegate
_____________ power down the chain of command.
1 personal
2 expert
3 legitimate
4 authoritative
QUESTION 20
Managers who have the ability to create and articulate a realistic, credible, attractive vision of the future of the
organisation are known as ______________ leaders.
1 transactional
2 charismatic
3 visionary
4 transformational
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QUESTION 21
Which one of the following leadership theories acknowledges that predicting leadership success is more complex
than examining the traits and behaviours of successful leaders?
QUESTION 22
A team of employees at Edcon comprises a small number of employees with complementary competencies who
work together on a project and are committed to a common purpose. A team like this is known as a
______________.
1 work group
2 work team
3 task group
4 command group
QUESTION 23
Edcon has a well-defined leadership framework. In addition to a 360-degree review process, up to 15% of the
performance goals of supervisors and managers are based on leadership. Leadership skills have been divided into
four main areas namely, personal characteristics, people management, process management and strategic
management. A manager has the right to insist that employees do their work and the right to discipline them if they
fail to comply. This is known as ____________ power.
1 coercive
2 reward
3 legitimate
4 expert
QUESTION 24
1 Authority
2 Power
3 Responsibility
4 Delegation
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STUDY UNIT 9: CONTROLLING THE MANAGEMENT PROCESS
Read case study 9: "Toyota – Purchasing function", pages 129 of the Business cases, textbook and
answer questions 25 and 26.
QUESTION 25
"In 1938 Toyota launched 'just-in-time' on a full-scale basis." This just-in-time system is based on the premise
that __________________________________________.
1 the organisation must replenish inventory levels by ordering the most economical quantity
2 raw materials and components should be ordered according to an estimate of the demand
3 actual orders for finished products are converted into orders for raw materials and components
4 the quality of a product is the responsibility of everyone in the organisation
QUESTION 26
The Corolla, Auro and Verso (52 546 vehicles) were recalled in South Africa to correct a potentially faulty
accelerator pedal mechanism. Recalling the vehicles represents which step in the control process?
1 Setting standards
2 Measuring actual performance
3 Evaluating deviations
4 Rectifying deviations
QUESTION 27
Which one of the following is not one of the reasons why a control process is necessary?
QUESTION 28
When using the ________________ system, inventories are ordered only when they are needed and the costs of
maintaining inventory levels over extended periods of time are eliminated.
QUESTION 29
Nandi‟s office furniture and equipment must be replaced soon and therefore requires a lot of administrative control.
She needs to ensure that she has an asset spread sheet to control periodic changes of her tangible assets. Which
area of control does this describe?
1 Physical control
2 Inventory control
3 Financial control
4 Information control
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QUESTION 30
Production budgets and time projections are examples of which type of budget?
1 Financial budgets
2 Operational budgets
3 Non-financial budgets
4 Control budgets
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UNISA
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