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To complement the budget, management can use ___________________ to apply financial control. a. cost analysis b. ratio analysis c. the cost-benefit principle d. future-value factor calculations

To complement the budget, management can use **b. ratio analysis** to apply financial control.

______________ indicates the share of the overall market that the organisation aims to occupy. a. Profit b. Share price c. Productivity d. Markt share

d. Market share

Vusimuzi Mhlongo is the manager of Steins Boutique. There are four key areas of control within the organisation that Vusi needs to focus on to ensure the effective management of resources. Which one of the following is NOT a key area of control? a. Hu

The option that is NOT typically considered a key area of control in the context of resource management is: **c. Tangible resources** While tangible resources can fall under categories like physical resources or financial resources, it is not commonly listed as a standalone key area of control in management contexts. The other options (human resources, physical resources, and financial resources) are recognized key areas of control.

__________________________ is a reason why SMMEs still find it hard to be sustainable. a. Flexible internal controls b. Effective internal controls c. Ineffective internal controls d. Nonflexible internal controls

c. Ineffective internal controls

You are investigating why the financial performance of your company has deteriorated over the years. In which step of the control process would you identify that the problem is caused by weak financial performance? a. Taking corrective action b. S

The correct answer is: **c. Measuring actual performance** In this step, you would assess the actual financial performance of the company and identify that it has deteriorated over the years. This measurement serves as the basis for further analysis and comparison with the established standards.

структура мотивационного мировоззрения старшего школьника

Мотивационное мировоззрение старшего школьника представляет собой сложную систему убеждений, ценностей, целей и установок, которые влияют на его поведение, учебную деятельность и жизненные выборы. Основные компоненты этой структуры можно

The fourth step in the control process is __________________. a. taking corrective action b. setting performance standards c. measuring actual performance d. comparing actual performance with standards

The fourth step in the control process is **a. taking corrective action**. The typical order of the control process is: 1. Setting performance standards 2. Measuring actual performance 3. Comparing actual performance with standards 4. Taking corrective action (if necessary) to address any discrepancies.

The most important advantage of a budget is that ____________________________________. a. it facilitates effective control by placing a monetary value on operations b. it ensures that staff get paid c. a budget is always flexible d. it ens

The most important advantage of a budget is that **a. it facilitates effective control by placing a monetary value on operations**.

The Shoprite Group has regional managers in various African countries that meet electronically every month to discuss challenges and opportunities and report on their sales targets. This is an example of ______teams. a. cross-functional b. self-ma

This is an example of **c. virtual** teams. Virtual teams operate across geographic boundaries and rely on technology to communicate and collaborate, which aligns with the description of regional managers meeting electronically.

________is the power an individual has because others believe that he or she possesses the “right” to influence them and that they ought to obey. a. Authority b. Referent c. Reward d. Legitimate

The correct answer is **a. Authority**. Authority is the power an individual has because others believe that he or she possesses the "right" to influence them and that they ought to obey.

A ___________ group of academics across different colleges and various levels from the University of Ekurhuleni is part of a project that investigates a management system that will help improve the efficient running of the university’s examination proce

The correct answer is: b. task; formal In this context, the group is formed for a specific purpose (to investigate a management system) and is structured, which qualifies it as a formal group. Additionally, since it is formed to accomplish a specific task, it is also identified as a task group.

Thabo is a manager at Super Enterprise and one of his functions is to assign responsibility and authority to achieve organisational objectives. Which leadership function is he performing? a. Authority b. Management c. Accountability d. Del

The leadership function that Thabo is performing by assigning responsibility and authority to achieve organizational objectives is: **d. Delegation** Delegation involves assigning tasks and responsibilities to others while providing them with the authority to perform those tasks.

Which statement is NOT correct regarding Maslow’s hierarchical needs? a. Different people experience distinct levels of need fulfilment at various times. b. Some people may strive to satisfy their social needs, while others are driven by their es

The statement that is NOT correct regarding Maslow’s hierarchy of needs is: **d. All managers have self-actualisation needs to satisfy throughout the business.** While self-actualization is the highest level of Maslow's hierarchy and refers to realizing one's potential, not all individuals, including managers, are necessarily focused on self-actualization at all times or in all contexts. People's needs can fluctuate based on circumstances and

Sipho, an investment consultant working for a leading investment company in Gauteng, is well-respected among his peers. He is known for his depth of knowledge in the retirement fund industry. He is usually invited to share his insight on various platforms

Sipho possesses **c. expert** power. This is because his depth of knowledge and respected status in the retirement fund industry indicate that he has expertise that gives him influence and credibility among his peers.

Business development consultants working for a prestigious investment company receive lucrative bonuses and win offshore awards when they meet their sales targets. The leadership of this organisation exercises ________ power to motivate their employees.

The leadership of this organisation exercises **b. reward** power to motivate their employees. Reward power is based on the ability to give rewards, such as bonuses and awards, to those who meet certain criteria or targets.

Seven variables define the group structure and often predict a group's effectiveness. The __________refers to group solidarity; the way a group stands together as a unit. a. size b. formality c. cohensiveness d. task

The correct answer is c. cohesiveness. Cohesiveness refers to the degree of solidarity among members of a group and how well they stand together as a unit, which can significantly impact the group's effectiveness.

Cindy, a marketing manager, is a charismatic leader. She is well-liked, and most colleagues want to associate with her. Cindy has ________ power. a. influential b. legitimate c. expert d. referent

Cindy has **d. referent** power. Referent power is based on the charisma and likability of a leader, and it comes from the respect and admiration that others have for the individual.

A group of employees at Siyakha Enterprise have formed a running group where they get together after work and during the weekend to run and pursue their fitness. This is an example of a/an __ group and a type of _ . a. interest; informal

The correct answer is: a. interest; informal. The running group is formed around a shared interest (running and fitness) and does not have a formal structure, making it an informal group.