Question: Section A: ( 2 5 Marks ) Question 1 ( 1 mark ) A township clothing shop start - up called Gushesha plans to open

Section A: (25 Marks)
Question 1(1 mark)
A township clothing shop start-up called Gushesha plans to open its doors in six
months. Which of the below is true regarding the company's operations strategy (OS)?
A. The OS will allow Gushesha to compare inputs, processes, and outputs
B. The OS will guide Gushesha's resource allocation to all its medium-term goals
C. The OS will allow Gushesha to outline how best to balance inputs against outputs
D. The OS guarantees that Gushesha will grow
Question 2(1 mark)
During the Covid-19 pandemic, most Clocker Tower staff worked longer than the
standard eight hours per day to rescue the company. This arrangement resulted from
extensive discussions with the business's executives. Which of the following best
represents a conflict resolution technique employed by Clocker Towers employees?
A. Compromising
B. Collaborating
C. Accommodating
D. Avoiding
Question 3(1 mark)
Imagine that you work as the Human Resources Director for Nobuntu Inc., a
construction company with branches in seven African countries. Look at the following
things that have to do with managing talent in Africa:
(i) Shortage of highly skilled employees
(ii) Riots and strikes at universities
(iii) There is a high number of unemployed graduates
(iv) Institutions are not focusing on skills development for the African market
(v) Inadequate facilities at learning institutions
(vi) Semi-baked graduates
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As a Human Resources Director, you may have to deal with which of the following?
A.(ii); (iii) and (v)
B.(i); (v) and (vi)
C.(i); (iv) and (vi)
D.(i); (ii) and (vi)
Question 4(1 mark)
Your construction company, Lorenzo Builders, is based in the province of the Western
Cape. You have realised that your company's expansion necessitates a shift in
management style. Which of the following management leadership styles would you
apply to encourage the participation of other employees in the decision-making
process?
A. Democratic style
B. Participative style
C. Laissez faire style
D. Autocratic style
Question 5(1 mark)
Explore the following things that you might find in a bakery:
(i) Cake flour
(ii) Industrial oven
(iii) Dough mixer
(iv) Salt
(v) Marketing Managers fuel allowance
(vi) Staff lunch
In a bakery business, the purchasing function affects which of the following?
A.(i); (ii); (iii) and (v)
B.(ii); (iii); (iv) and (vi)
C.(i); (ii); (iv) and (v)
D.(i); (ii); (iii) and (iv)
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Question 6(1 mark)
The Financial Manager wants you to help with putting together the annual budget.
Which of the following would use or refer to your budget?
A. Supplier
B. Customer
C. Business owner
D. Government
Question 7(1 mark)
When creating a financial plan, it is critical to categorise several aspects, such as
short-term, medium-term, and long-term objectives. Which of the following should be
categorised as long-term objectives?
A. Cash budget
B. Research and development activities
C. Sales forecast
D. Production plans and employee bonuses
Question 8(1 mark)
Which budgeting method records departmental costs with defined relationships?
A. Rolling
C. Flexible
C. Zero-based
D. Activity-based
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Question 9(1 mark)
Following a depression, nation XYZ is undergoing an economic cycle marked by
increased economic growth and consumer spending power. Which of the following is
represented in the above paragraph?
A. Recession
B. Expansion
C. Contraction
D. Recovery
Question 10(1 mark)
Assume that one of your responsibilities as a Finance Manager at Zongezo Insurance
Inc. is financial planning. Financial planning is concerned with:
A. Investigating the planning needs
B. Identifying business resource requirements
C. Conducting an in-depth analysis of a chosen alternative
D. Deciding between two or more alternatives for reaching an objective and
determining how each goal will be achieved
Question 11(1 mark)
Which of the following business plan sections has to contain information on company
trademarks, letters of intent, and factory layout?
A. Appendices
B. Business overview
C. Marketing plan
D. Operational plan
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Question 12(1 mark)
Gleeson (2018) suggested many potential motives for developing business strategy.
Which of the following is a justification for developing a business plan beyond the start-
up phase?
A. To secure funding
B. To attract angel investors
C. To support a strategic exit
D. Feasibility test
Question 13(1 mark)
Assume you are an investor looking to add a new business to your portfolio. According
to Timmons (1994), the below are viewed as issues based on his opinions on the
challenges connected with business plans, except which one?
A. The business strategy needs to

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