201_2011_2_e - MNB1601/201/2/2011 STREPIESKODE BAR CODE...

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MNB1601/201/2/2011 DEPARTMENT OF BUSINESS MANAGEMENT BUSINESS MANAGEMENT 1B MNB1601 TUTORIAL LETTER 201/2/2011 UNISA STREPIESKODE BAR CODE UNISA P248(A)
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MNB1601/201 2 Contents 1 THE ASSIGNMENTS 2 COMMENTS ON THE ASSIGNMENTS 3 THE EXAMINATION 3.1 ADMISSION TO THE EXAMINATION 3.2 PREPARING FOR THE EXAMINATION 3.3 THE DANGER OF NERVOUSNESS 3.4 WRITING THE EXAMINATION 3.5 HINTS ON COMPLETING THE MARK READING SHEET IN THE EXAMINATION 4 CONCLUDING REMARKS Dear Student 1 THE ASSIGNMENTS Some of you sent your answers directly to the Department of Business Management. Please don't do this ! We then have no choice but to return them to you unmarked. Mark reading sheets must be sent to the Assignments Section . Other students submitted their answers on a sheet of paper and these were also returned unmarked. You should have submitted your answers on the mark reading sheet. 2 COMMENTS ON THE ASSIGNMENTS We suggest that you do not write the correct answers on the actual assignment in tutorial letter 101. A very useful method of revision towards the end of the semester is to work through your assignment again. However, if you see the correct answer written there before you have even read the question; your revision will be less effective. It is best to record your own answers separately from the correct answers. The following explanations form the most vital part of the teaching process. Go through the answers now — don't wait till just before the examination. Study these comments carefully and compare them with the reasoning in your answers to the questions. Make sure that you understand our reasons for the answers. ASSIGNMENT 01 QUESTION 1 The correct answer is option 3 (a b d) . Productivity, measured as the ratio of output to input, is a yardstick of the efficacy with which operations management transforms the business’s scarce resources into products or services. Higher productivity is directly related to an increase in profitability. Operations management is therefore important to a business, so statement a is correct. The client is an important focal point in operations management. Businesses will therefore try, through their particular operations skills, to satisfy their clients’ needs ―better‖ than their competitors. So statement b is also correct.
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MNB1601/201 3 Statement d is correct because certain businesses, through their particular operations skills, have built up good reputations concerning high-quality products or services and low costs. These reputations are important in ensuring continuing business success. Operations management is not related to planning in the purchasing function. Statement c is therefore wrong. If your answer was wrong, please refer to section 10.1.1 in the 8 th edition of the prescribed book. QUESTION 2
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This note was uploaded on 02/27/2012 for the course IT 101 taught by Professor Unsure during the Spring '11 term at University of South Africa.

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201_2011_2_e - MNB1601/201/2/2011 STREPIESKODE BAR CODE...

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