QUESTION ONE [45] Define the term ‘Management’. (3) Differentiate between top level management and lower level management. (10) Identify and discuss each of the support activities that can be found in Porter’s Value Chain Model. (12) Provide a summary of each of the four (4) general management functions. (20) QUESTION TWO [32] The Classical management approach introduced some of the founding principles of management. Critically […]
Posted: June 5, 2023
QUESTION ONE [40] Managers, while performing the four fundamental functions, work at different levels and deal with different challenges. Managers are usually classified into two categories: 1. According to their level in the organisation 2. By the functional area of management for which they are responsible In light of the above provide a discussion on:- Management levels in an organisation (15) Two (2) functional areas. […]
Posted: June 5, 2023
Background of African Bank Investments Limited’s (ABIL) African bank CEO resigns with immediate effect African Bank Investments Limited (ABIL), the JSE-listed provider of unsecured loans, on Wednesday said one of its founders and CEO, Leon Kirkinis, had resigned with immediate effect after 23 years in the business. The share price of ABIL sagged almost 57 percent on the JSE’s morning trade on the news, signalling […]
Posted: May 20, 2023
Question 1: (48 Marks) Matthew Nkosi is being profiled for an article in a digital magazine; kindly see below the short description they wrote about themselves. Matthew Nkosi is a single 27-year-old coloured pansexual and uses the pronouns they/them. They are originally from Middelburg, Mpumalanga and they decided to move to Cape Town because Cape Town is more accommodating to the LGBTQIA+ community. They were […]
Posted: April 20, 2023
Diamond, it is a precious stone more value than gold and silver. Its first discovery was in the year 1859 in South Africa at Northern Cape. From then, Diamonds became very much famous by the enhancement in the supply as well as the advanced technology which enabled the Diamond cutting, shaping, polishing as well as finishing. Diamonds are the precious gems which are the sources […]
Posted: April 3, 2023
IMF warns Godongwana may have underestimated risks in medium-term budget. Finance Minister Enoch Godongwana did the right thing in his Medium-term Budget Policy Statement (MTBPS), cutting debt and saving some of the proceeds of a windfall tax take, says the International Monetary Fund (IMF), but he may have been too optimistic in assuming that he will hit the fiscal targets he has set. The IMF’s […]
Posted: February 28, 2023
Question 1: Asia has been increasing its influence in the world, largely, because of China’s exceptional economic growth. A creative study of the global economy’s centre of gravity, which indicates the average location of economic activity across geographies, showcases that though, in1980, that centre of gravity was the mid-Atlantic, by 2010, it had moved to the east of Helsinki, and, by 2050, it is predicted […]
Posted: January 7, 2023
Question 1: The role of national cultures in shaping the organisational environment and other social institutions are today an important component in the key success factor of a business. In essence culture is embedded in everything a person does right through to a business system in an organisation. Evaluate a business system, using a culture theory; for a firm of choice in the South East […]
Posted: January 7, 2023
Question 1: Shoprite nets $10 million from sale of Uganda, Madagascar and Nigeria units South Africa’s Shoprite Holdings Ltd posted $10.27 million gain from the sale of its assets in Uganda, Madagascar and Nigeria as Africa’s largest fast-moving consumer goods retailer retreated from markets it has considered under-performing on the continent. The retailer, which is listed on the Johannesburg Stock Exchange (JSE) and cross-listed on […]
Posted: November 21, 2022
Question 1 (Marks: 20) Provide a brief definition or explanation of each of the following terms within the context of business management, together with a comprehensive example. You are required to define each of the terms in your own words. Please note: You will receive more marks for your own original, detailed examples than for examples in your textbook, from your lecturer, or on Learn. […]
Posted: November 18, 2022
