Problem 1: Discuss the three approaches to short-term financing problem and provide relevant examples of each.
Problem 2: Identify and discuss the characteristics of motives that may help a manager to understand employee motivation.
Problem 3: Assume that you need to have exactly N$40 000 saved 10 years from now .How much should you deposit today in an account that pays 6% interest, so that you reach your goal of $40 000 if the investment is compounded as follows:
(a) semi-annually
(b) monthly
Problem 4: Steers want to increase the number of midweek fast food sales.It introduces a `two for the price of one` promotion on Wednesdays. This is a ________ strategy.
A. Smoothing
B. Co-opting
C. rationing
D. buffering
Problem 5: Which one of the following characteristics is wrong concerning products that are manufactured?
A. Physically tangible
B. Low client contact
C. Long response time
D. Capital intensive
E. None
Problem 6: Which of the following form part of the demographic criteria for market segmentation?
a. Sex
b. Occupation
c. income
d. Education
e. a b c
f. a b d
g. a c d
h. b c d
i. a b c d
Problem 7: Which of the following inputs are used in the transformation process to convert inputs to outputs?
a. Material
b. Clients
c. Information
d. Human resources
e. Technology
f. a b c d
g. a b c e
h. b c d e
i. a b c d e
Task: Indicate whether the following statements are True or False.
1. A good supplier asks competitive prices
2. Discounting determine the future value of s current amount, in which the interest remains with the principal and becomes part of the principal for computing interest in the next period.
3. Arranging payment of suppliers is an activity of the purchasing and supply function.
4. Funds require for long-term investment are raised on the money market.
5. Continuous or repetitive systems represent operations system in which the output volume is low.
6. Supplier satisfaction is a criterion for gauging the effectiveness of the execution of purchasing and supply activities.
7. Working capital management entails the management of the long-term assets and liabilities of a business.
8. Reseller market includes businesses that buy goods to be converted into other products or used during production.
9. Job descriptions is written statement emphasising the characteristics required from the incumbent to perform the job successfully.
10. A farmer who sells oranges at a farm stall to passing motorists is an example of a three-link distribution channel.