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MNB2601-25-S1

MNB2601-25-S1

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What is a weak matrix organisation in a project?

An organisational structure in which the functional manager has more authority than the project manager.

An organisational structure in which the project manager has more authority than the functional manager.

An organisational structure in which the project manager and the functional manager have the same authority.

An organisational structure in which there is no clear authority or reporting structure.

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Servant leadership is characterised by _____

a focus on achieving personal goals and objectives.

an emphasis on prioritising the needs of followers and helping them grow and develop.

the adoption of a transactional leadership approach.

micromanagement and the close monitoring or subordinates' actions.

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According to Van Weele, which specification of the SOW refers to the requirements for processing or production?

Planning specification

Input specification

Throughput specification

Output specification

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What is the main goal of one-to-one marketing?

To increase customer loyalty by providing personalized service and products

To increase sales by targeting a broad customer base

To increase brand awareness by advertising to a wide audience

To decrease marketing costs by targeting a narrow customer base

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The company

intends to invest in a business improvement for Project Q with an initial cost

of R22 500; the required return rate is 13% and the payback period is four

years.

The projected

net annual cash flows for the project are as follows:

Project Q
Year 0	-22 500
Year 1	2 800
Year 2	3 000
Year 3	3 400
Year 4	3 500

What is the net

present value of the proposed project?

R- 13169.70

R-14 909.21

R12 927.14

R-23 764.42

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How is a SWOT analysis typically conducted in project management?

Through an evaluation of the project schedule

Through a survey of external stakeholders

Through a workshop with the project team

Through an analysis of the project budget

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What is a critical path in a network diagram?

The shortest path through the network that connects all project activities

The path through the network that includes all critical activities

The path through the network that has the slackest time

The longest path through the network that connects all project activities

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What is the method of description or specification of the need in the procurement process that involves identifying a product by its trade name?

Description based on brand names

Description based on performance requirements

Description based on usage

Description based on market grades

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What is the main concept behind Philip B Crosby's quality management approach?

Quality is subjective

Quality is unachievable

Quality is free

Quality is expensive

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Which of the following is an advantage of a cost-based contract?

It encourages suppliers to submit lower bids.

It provides a clear incentive for the supplier to control costs.

It allows the buyer to specify exact requirements for the goods or services being procured.

It minimizes the risk to the buyer.

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