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MNB1601-26-EX06
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A furniture company invests in new manufacturing methods that reduce material wastage, scrap and spillage. According to the four types of advantages of effective operations, this improvement primarily results in:
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The net present value (NPV) helps a company decide whether it should pursue certain investment opportunities or not. Which one of the following would be the decision criteria for a large shopping mall if the NPV is found to be 0?
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The process for the calculation of future values is known as _____________ while the process for the calculation of present values is known as ____________ .
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Carol is the purchasing manager for J’Divine, a popular wedding photography business. She is responsible for assessing the purchasing and supply activities performed by J’Divine’s purchasing and supply function. Carol is busy comparing the actual prices they have paid for their high quality photo paper from which their books are made with market prices in the industry. This is known as __________ .
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Moses works for Studio Grant, an interior design company which also manufactures custom-made pieces for clients. He is the purchasing and supply manager and is responsible for purchasing the materials required to produce these bespoke pieces. Which one of the following options represents an inventory-ordering cost for Moses?
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During a recession, there is a favourable buyers’ market. Why is this?
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Kabelo and Hendrik are joint owners of Fitness Gym. They are currently investigating the option of investing in cryotherapy, a cold therapy that may reduce inflammation in tendons or joints. Their investment would provide Fitness Gym members with equipment which may be used to reduce post-exercise recovery times, at an additional cost. The addition of cryotherapy to the gym represents a strategic service for Fitness Gym. Which one of the following statements reflect the importance of capital-investment projects such as the example above?
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Arabang, the Director of Ntseli Mining Incorporated, realises that Zanele is feeling demotivated. In order to improve her motivation, he decides to not only increase her salary to accurately reflect the work she does for him, but also to provide her with a new title: Executive Administrative Officer. This is an example of which factor of Herzberg’s two-factor theory?
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Rapula is the financial manager of Plastic Fantastic, a plastic container manufacturer. While doing the financial statements, Rapula will need to calculate the return of investment (ROI). In addition to net profit after tax, Rapula will also require ___________ in order to calculate this ratio.
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________________ is the process of introducing the employee to the organisation and to make him/her familiar with the details and requirements of the position.
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