MNG3701 May/Jun 2024 exam paper — questions

Every question, by topic

1. Question 1.1(a) · Vision, mission and strategic goals · 6 marks

   The case study (adapted from Sasol Limited's integrated reports) explains that employee wellbeing remains Sasol's top priority as it pursues its Zero Harm ambition, guided by its business strategy of 'Purpose – Innovating for a better world', which drives measurable, data-driven socio-economic benefits for the communities in which it operates. In South Africa, Sasol spent over R33 billion with majority Black-owned businesses, an increase of R10 billion on the previous year, reflecting its ongoing commitment to sustainable transformation and Broad-Based Black Economic Empowerment. The case study also notes that two of the Group's 13 Board meetings during the year were held specifically to discuss and debate the Group's strategic direction, which is defined by, among other things, a vision statement. Discuss the concept of stakeholders by defining the term 'stakeholders' and distinguishing between the 'narrow' view and the 'broader' view of stakeholders.Show the full questionShow less

2. Question 1.1(b) · Vision, mission and strategic goals · 4 marks

   The case study (adapted from Sasol Limited's integrated reports) explains that employee wellbeing remains Sasol's top priority as it pursues its Zero Harm ambition, guided by its business strategy of 'Purpose – Innovating for a better world', which drives measurable, data-driven socio-economic benefits for the communities in which it operates. In South Africa, Sasol spent over R33 billion with majority Black-owned businesses, an increase of R10 billion on the previous year, reflecting its ongoing commitment to sustainable transformation and Broad-Based Black Economic Empowerment. The case study also notes that two of the Group's 13 Board meetings during the year were held specifically to discuss and debate the Group's strategic direction, which is defined by, among other things, a vision statement. Identify two examples of stakeholders of Sasol Limited and explain how Sasol adds value to each of these stakeholders.Show the full questionShow less

3. Question 1.2(a) · Vision, mission and strategic goals · 3 marks

   The case study (adapted from Sasol Limited's integrated reports) explains that employee wellbeing remains Sasol's top priority as it pursues its Zero Harm ambition, guided by its business strategy of 'Purpose – Innovating for a better world', which drives measurable, data-driven socio-economic benefits for the communities in which it operates. In South Africa, Sasol spent over R33 billion with majority Black-owned businesses, an increase of R10 billion on the previous year, reflecting its ongoing commitment to sustainable transformation and Broad-Based Black Economic Empowerment. The case study also notes that two of the Group's 13 Board meetings during the year were held specifically to discuss and debate the Group's strategic direction, which is defined by, among other things, a vision statement. Formulate a vision statement for Sasol Limited.Show the full questionShow less

4. Question 1.2(b) · Vision, mission and strategic goals · 8 marks

   The case study (adapted from Sasol Limited's integrated reports) explains that employee wellbeing remains Sasol's top priority as it pursues its Zero Harm ambition, guided by its business strategy of 'Purpose – Innovating for a better world', which drives measurable, data-driven socio-economic benefits for the communities in which it operates. In South Africa, Sasol spent over R33 billion with majority Black-owned businesses, an increase of R10 billion on the previous year, reflecting its ongoing commitment to sustainable transformation and Broad-Based Black Economic Empowerment. The case study also notes that two of the Group's 13 Board meetings during the year were held specifically to discuss and debate the Group's strategic direction, which is defined by, among other things, a vision statement. Evaluate whether the vision statement you formulated for Sasol Limited meets the requirements of a good vision statement, presenting your evaluation in a table with the column headings 'Characteristics', 'Yes/No' and 'Reason'.Show the full questionShow less

5. Question 2.1 · Levels of strategy · 6 marks

   This question relates to the Sasol Limited case study used throughout the paper. From the Sasol case study, identify two levels of strategy found in business organisations, referring specifically to the decision-making roles of managers. For each level identified, state which manager is responsible for making decisions at that level and give an example of such a decision drawn from the case study. Present the answer in a table with the column headings 'Level of strategy', 'Manager who makes the decision' and 'Example of a decision'.Show the full questionShow less