Assignment 1 QUIZ Semester 1 2026
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Due Date: March 2026
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, MNG2601-26-S1 » ASSESSMENTS » Assessment 1
QUIZ
= Assessment 1
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Question 1 A statement of what an organisation wants to become and where it wants to be in future is called a
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Marked out of Oa.
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© b. mission
© Flag question
Oc. strategy
© d. vision
Question 2 ___ refers to the creation of the optimum level of return for all stakeholders of an organisation.
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answered oe
© a. Stakeholder profitability
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1.00 © b. Stakeholder return
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© ce. Shareholder return
© d. Stakeholder value
Question 3 Which one of the following can be considered a variable in an organisation's internal environment?
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© a. Customers
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1.00 © b. The organisation's objectives
© Flag questi © c. The country's economy
© d. The physical environment
,Question4 Which one of the following is not a question to ask when an organisation formulates its mission staternent?
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© a. What value do we create for society?
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1.00 © b. What technology are we going to use to provide the primary products and services?
Y fivo.oveaten
~ ©, Whois our primary target market?
© d. Whatis our primary product or service?
Question 5 —___ refers to directing the human resources of the organisation and motivating them in such a way that their actions
Not yet are aligned with previously formulated goals and plans.
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© a. Planning
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© b. Controlling
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© ©, Organising
© d&. Leading
Question 6 The ____ phase of the strategic management process involves the determination of the current position of the
Not yet organisation.
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© @. strategic control
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© b, strategy implementation
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© ¢& strategy formation
© d. strategic analysis
, Question 7 Consider the following list of variables to answer question:
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1 The mission statement
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out of 2 Objectives
of the organisation
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3 Economic environment
4 Organisational resources
5 Social environment
6 Customers
7 The labour market and labour unions
8 intermediaries
Which of the variables listed originate from an organisation's market environment?
Oa, 67,8
2b. 56,7
Oc 345
Od. 5,6,7,8
Question8
The figure below depicts the goal of responsible management. Complete the missing spaces to answer this question.
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(i) responsible business/organisation; (ii) responsible industry; (iii) responsible socio-economic system; (iv)
Y flea muesties sustainable, responsible and ethical world society
()) responsible section; (ii) profitable organisation; (iii) growing local economy, (iv) growing world economy
© c (i) responsible organisation; (ii) profitable industry; (iii) growing economy and job creation; (iv) responsible
government
(i) responsible subordinate; (ii) responsible leader, (iii) responsible organisation; (iv) responsible industry