Management Answers

1. Hill photographic studio. The following assets were invested in the enterprise; cash, 3500, accounts Receivable 950 supplies 1200; and photographic equipment 15000.  There were no liabilities transferred to the business.

v March 1. Paid 2400 on for 3 moths office rent

v March 4. Purchased photographic equipment on account for 2500

v March 5. Received 850 from credit customers

v March 6. Paid 125 for advertisement( Miscell.exp)

v March 10. Paid 500 to settle March 4 debt

v March 13. Paid 575 for two weeks’ salary

v March 16. Received 1,980 from sale of service

v March 20. Paid 650 for supplies purchase

v March 27. Paid 575 for two weeks’ salary

v March 31. Paid 69 for telephone bill for the month

v March 31. Paid 175 for electric bill for the month

v March 31. Received 1870 from sales of service

v March 31. Make sales on account for 1,675.

v March 31. Hill withdrew 1500 for her personal use

v March 31. Recorded depreciation on photographic equipment @ 1%

v Journalize transactions

Give your understanding of a good research design. Is single research design suitable in all research

studies? If not, why?

Analyse the arguments used in the case study. Indicate which will work and

which will not in preventing a strike at Hi-Lo.

Please give two (2) practical examples of enforcement actions against violation of Intellectual Property Rights (IPR)

Refer to Porter’s five competitive forces and their impact on the global diamond industry. (40)

Do you think De Beers still wields some bargaining power in the supply chain as a supplier of diamonds, seeing that its diamond market share has decreased steadily over the years? Motivate your answer. (20) 

c) You plan to make a series of deposits in an interest bearing account. You will

deposit R1000 today, R2000 in two years, and R8000 in five years. If you withdraw

R3000 in three years and R5000 in seven years, how much will you have after eight

years if the interest rate is 9%? (Assume annual compounding).

With a proper analysis of atleast 2 paragraphs

define eithical dilemmas. Describe how you as a manager would prevent unethical behavior in cooperations

Explain the changes in Macro and Market environment that forced De Beers to reconsider its business model(50 marks)

Supply management must maintain a number of communication flows and linkages between other key groups within and external to the organisation. Explain GM`s supply management relationships with internal linkages, within the organisation as well as external that may have been important in avoiding the mistakes in supplier selection.(question from GM recalling 7 million vehicles for airbag promples after losing fight with safety regulator, subject suppy chain mamagement)