assessment

MAC3703/Assignment 1/2022 10. Building (Pty) Lid is a family business that is strictly managed, and less accommodating of mistakes committed by its staff. Mr Lit has recently been dismissed for making a system error that resulted in him sending a confidential report to the wrong client. Which control mechanism has been adopted by Building (Pty) Lid to manage its staff? A. Direct supervision B. Culture of the organisation C. Self-Control D. Organisation structure (2 marks) 11. Ing Lid earning per share has significantly increased from 2020 to 2021. Management attributes this to the new product that was added to the company product line in 2021. Which one (1) of Drucker's key objectives does the company's earnings per share performance fall under? A. Financing and physical resources B. Productivity C. Innovation D. Profitability (2 marks) 12. Using the Kaplan and Norton's Balanced Scorecard, under which perspective will the performance of the new and improved internal finance system be measured under? A. Financial perspective B. Internal business process C. Learning and growth D. Customer perspective (2 marks) 13. Which one (1) of the following statements regarding the Tuckman model of team development is correct? A. The level of group performance is affected by the way the group performances in each of the four phases. B. Not all teams automatically follow the four stages of development in sequence. C. All teams pass through all the four stages of development. D. This model can only be used for project related teams. (2 marks) MAC3703/Assignment 1/2022 14. Tiaan is an expert in management accounting and has a CIMA qualification. He is employed in the project finance office and is responsible for all finance related transactions and decisions, According to the Belbin team roles, what would the character type of Tiaan be classified under? A. Specialist B. Completer C. Shaper D. Plant (2 marks) 15. Jim Jim (Pty) Ltd has been appointed to commission a plant for an overseas client. Jimmy is a project manager on this project and has assembled a team of five people each representing the functions of finance, engineering, operations, project management and compliance management. The team has been set up for the duration of six months (which is the time required to commission a factory). Each member of the group was specifically selected by