MAC2602 May/Jun 2022 exam paper — questions

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  1. Question 1.1 · Strategy and strategic management · 2 marks

    The acronym SMART sets out the criteria that an organisation's strategic objectives should meet. State what this acronym stands for.Show the full question

  2. Question 1.2 · Strategy and strategic management · 2 marks

    Identify which option lists only external stakeholders of Shoprite Ltd.Show the full question

  3. Question 1.3 · Strategy and strategic management · 2 marks

    The political, economic, social, technological and competitive environments are all external factors influencing an organisation's strategy. Select the statement that best describes the social environment of an organisation.Show the full question

  4. Question 1.4 · Analysis of financial information · 2 marks

    Five statements are given: (1) they are permitted to offer shares to the public; (2) they may have more than 50 shareholders; (3) the company name must end with 'Ltd'; (4) the board must have at least one director or any other minimum number stipulated in the memorandum of incorporation; (5) they are subject to fewer disclosure and transparency requirements than before the new Companies Act. Identify which combination of these statements are NOT characteristics of a private company.Show the full question

  5. Question 1.5 · Strategy and strategic management · 2 marks

    Select the ONE definition that best describes sustainability for businesses.Show the full question

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