Functional Areas of Management Assignment
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DESMOND LENSFunctional Areas of Management Assignment
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DESMOND LENSProgramme BCOM Generic
Module Functional Areas of Management
Module Code ACC7FAM
Module NQF NQF 7
Level
Credits 15
Assignment 1
Semester First/Second
Total Marks 100
Pass mark 50%
This question paper consists of 2 pages including the cover page.
REQUIREMENTS:
Learner Requirements:
Equipment Requirements:
Computer, internet access, access to the resource center and an online research
platform such as EBSCOhost.
IMPORTANT: INDIVIDUAL ASSIGNMENT SUBMISSION INSTRUCTIONS
STEP 1:
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STEP 2:
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STEP 3:
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STEP 4:
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STEP 5:
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STEP 6:
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STEP 7:
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STEP 8:
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Only once it states submitted for grading, the process of the online submission is
complete.
INDIVIDUAL ASSIGNMENT TOPIC
QUESTION 1: PURCHASING AND SUPPLY MANAGEMENT (50 Marks)
You are the new Purchasing Manager at Tuli Block, a rapidly expanding plant nursery. Your boss, the
Operations Director, recognizes the need to optimize purchasing and supply functions to support growth and
maintain efficiency. She tasks you with demonstrating the strategic importance of your department and
developing a plan to enhance its effectiveness.
a. Explain how you would apply the management functions of planning, organizing, and control to improve the
purchasing and supply process. Provide specific examples of how you would implement each function (e.g.,
forecasting demand, streamlining workflows, establishing performance metrics). (25 Marks)
b. Quantity Decisions & Significance: Explain the importance of quantity decisions in purchasing and supply,
considering factors like demand forecasting, storage costs, and lead times. Illustrate this concept with
specific examples relevant to Tuli Block' operations. (25 Marks)
QUESTION 2: ETHICS (50 Marks)
a. Imagine a Notwane pharmaceutical company in Botswana standing at a critical crossroads, tasked with
determining the pricing strategy for a groundbreaking, life-saving drug it has developed. The ethical decision-
making process in this complex situation involves navigating the principles of utilitarianism, deontology, virtue
ethics, and rights-based ethics, each guiding the company toward different outcomes. (25 Marks)
b. Analyze a situation where corporate behavior is perceived differently by various stakeholders,
impacting financial outcomes and relationships. Define corporate behavior as a valuable tool and
provide intricate examples of how it influences organizational success in finance and relationships
with stakeholders. Bullet your facts with precision. (25 marks)
Deadline for submission: March 2024
∞End of Question Paper∞
