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AMM611S - ADMINISTRATIVE MANAGEMENT 2A - 1ST OPP - JUNE 2023 |
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nAm I BIA un IVERS ITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF GOVERNANCE & MANAGEMENT SCIENCES
QUALIFICATION : BACHELOR OF BUSINESS AND INFORMATION ADMINISTRATION
QUALIFICATION CODE: 07BBIA
LEVEL: 6
COURSE CODE: AMM611S
COURSE NAME: Administrative management 2A
SESSION: June 2023
DURATION: 2 HOURS
PAPER: THEORY(PAPER1)
MARKS: 100
EXAMINER:
1st OPPORTUNITY EXAMINATION QUESTION PAPER
Dr. N. ANGULA
MODERATOR: Ms A. SCHROEDER
INSTRUCTIONS
1. Answer ALL the questions.
2. Read all the questions carefully before answering.
3. Number the answers clearly
THIS QUESTION PAPER CONSISTS OF 6 PAGES (Including this front page)
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Answer the following multiple-choice questions. Only write down the question number and the
correct answer. E.g. 1.1 C
Section A: Multiple choice questions
1.1 Every organisation seeks to maximise income whilst minimising:
A. Cost or Expenses
B. Financial function
C. Increase stockholders' wealth
D. Cost of capital
1.2 ___
is an estimation of income or revenue expected to be made, and expenses to
be incurred, over a given time period:
A. Interest rate fluctuations
B. Operating effectiveness
C. A budget
D. Financial management
1.3 The Bank of Namibia is the central bank of the Republic bank, having been founded
in:
A. A
B. B
C. C
D. D
1993
1992
1991
1990
1.4 This will be given an amount of money to store in a petty cash box, which is locked
and kept in a safe place:
A. Petty Cash Journal
B. Petty cash voucher
C. The petty cashier
D. Petty cash box
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1.5 This is defined as the act of identifying opportunities and taking on risks in the hope
of making a profit:
A. Economic development
B. Entrepreneurship
C. Enterprises
D. SMMEs
1.6 This are those that insurance policy providers are willing and able to insure:
A. Insurable risks
B. Uninsurable risks
C. Policy
D. Premium
1.7 This is the minimum number of people/participants that must be present at a
meeting for it to be validly constituted and able to make binding decisions:
A. A quorum
B. Chairperson
C. Debates
D. Motions
1.8 Which culture does not eat pork or any pork products such as ham, bacon, pork
sausages:
A. Muslims
B. Hindu
C. African
D. Western
1.9 This seeks to explain the interdependence between the business organisations and
its environment:
A. Competitors system
B. Closed system
C. Systems theory
D. The Open system
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1.10 This is the environment or condition that exists in the economy (or country, region,
world) as a whole, rather than being isolated by industries:
A. Cyclical industries
B. The microenvironment
C. Competitors
D. The macro environment
[10 marks]
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Section B: Structured questions
Answer each of the following questions:
5
[90 Marks]
Questions 1
Financial management is an essential component of every organisation.
Assume you are the financial manager for Secure Smart Solutions, and your job is to handle
the company's finances. Identify and explain the five key tasks of a finance manager at Secure
Smart Solutions?
[10]
Question 2
You are the head of department at Namibia Financial Institutions Supervisory Authority and
your role is to prepare departmental budget. State and describe the five benefits and
drawbacks of each budgeting approach for your finance department?
[10]
Question 3
You are an independent financial auditor at Bandcamp, and your job is to audit the company's
financial statements. What are the five most important internal control measures in your
company, and why are they so important?
[10]
Question 4
The entrepreneur is defined as someone who has the capacity and drive to begin, manage,
and thrive in a start-up enterprise with the risk of profit. What are the five roles of
entrepreneurship in the Namibian economy, and how do you describe them?
[10]
Question 5
Entrepreneurship is the process of creating, organising, and operating a new business to earn
a profit while assuming financial risk. Outline and explain the five factors that promote
entrepreneurship in Namibia?
[10]
Question 6
Diplomatic engagements are prevalent all throughout the world and have become
international norms. What are the five most important factors to consider when dealing with
diplomatic interactions, and how important is protocol in diplomatic interactions with others?
[10]
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Question 7
Namibia is a cosmopolitan country with individuals from several cultural ethnic groups, and
no culture is superior to another.
Identify and explain five cultural sensitivities in food choice and describe each cultural
sensitivity found in Namibian culture and religion?
[10]
Question 8
Most firms do not operate in a vacuum; hence many are guided by rules set by regulatory
agencies to ensure efficient and successful operation.
Name and explain five elements of the business environment in which the business you
represent operates?
[10]
Question 9
A macro environment is the set of conditions that prevail in the economy, as opposed to a
specific sector or location.
Outline the five macroenvironmental elements and explain how each one affects business
operations?
[10]
[Section B Total Marks: 90]
End of examination
TOTAL: 100