MNB1501 Oct/Nov 2018 exam paper — questions

🔒 Scan locked

The paper, as written

Every question, by topic

  1. Question 1 · The business world and business management · 1 mark

    Complete the following statement about business functions: the ______ function creates a favourable image of the business and promotes goodwill between the business and the external groups that are directly and indirectly involved in the business. Choose the correct function from the options provided.Show the full question

  2. Question 2 · The business world and business management · 1 mark

    Read the following case study: A reason for the success of Southwest Airline lies in how the airline treats its personnel. Management believes that when employees are treated well, they will treat customers well, creating a beneficial situation for all stakeholders. Southwest Airlines' wages are generally lower than those of competitors, but the company compensates by offering employees stock options, allowing them to benefit from the airline's financial success. Given that Southwest Airline operates within a free-market environment, select the statement that correctly describes what this means.Show the full question

  3. Question 3 · The business world and business management · 1 mark

    Referring to the same Southwest Airline case study: businesses such as Southwest Airlines need to ensure they provide a safe environment for their employees, for example by ensuring that materials are packed, transported and moved to and within the organisation in the safest possible manner. This practice ensures that the ______ needs of employees are satisfied. Select the correct type of need.Show the full question

  4. Question 4 · The business world and business management · 1 mark

    Karla is expecting her first baby and is researching hospitals that would best suit her particular needs. In order to provide Karla with the health service and care she requires during her pregnancy, the hospital needs labour, beds and medicine. Identify the correct business term for the process whereby the labour, beds and medicine are converted into a health service.Show the full question

  5. Question 5 · The business world and business management · 1 mark

    Identify which one of the following statements is NOT true regarding society's scarce resources.Show the full question

The full Spot Map and the marks by year — and this paper’s scan.