QUESTION $1[20$ marks$]$

Classify the following decisions in Table $1$ as organisational, strategic, tactical or

operational. Prove the reason for your choice. $(20)$

Table $1$: Decision types

Type of a decision Provide

brief

Example Organisational Strategic Tactical Operational Reason

$1\mathrm{.}1$ Develop efficiency

production models for

tomatoes

$1\mathrm{.}2$ Launch of a new tomato

research institute

$1\mathrm{.}3$ Export best$-$quality

tomatoes

$1\mathrm{.}4$ Research on tomato

quality

$1\mathrm{.}5$ Increase number of staff

members

$1\mathrm{.}6$ Develop supply database

$1\mathrm{.}7$ Rebranding of Harvest

Express Farm to Harvest

Prime Farm

$1\mathrm{.}8$ Top market shareholder in

Africa

$1\mathrm{.}9$ Change working hours

$1\mathrm{.}10$ Develop an online working

roster

QUESTION $2[30$ marks$]$

$2\mathrm{.}1$ With the aid of examples, discuss the difference between an income statement

and a balance sheet?

$(20)$

$2\mathrm{.}2$ Using real examples, briefly discuss the differences between time series,

cross sectional and industry analysis. $(10$