______________________________________________________________________ - ADDENDUM INTRODUCTION TO BUSINESS MANAGEMENT ______________________________________________________________________ Copyright © 2025 MANAGEMENT COLLEGE OF SOUTHERN AFRICA All rights reserved; no part of this book may be reproduced in any form or by any means, including photocopying machines, without the written permission of the publisher. Please report all errors and omissions to the following email address: modulefeedback@mancosa.co.za Introduction to Business Management Amendment to Unit 1 Activity Answers Unit 1 Practical Application 1.1 Question and Answer Practical Application 1.1 A municipality received funding from government allocation, rates and taxes amongst others. With these funds, together with employees, the municipality is required to maintain its offices and other assets whilst providing service delivery based on statistic as well as other information they possess, specific to the area under management. With the use of appropriate examples, identify the four basic resources of the municipality that its management can utilise. Answer: Learners are expected to relate to the following aspects of the municipality: 1 • Human resources – employees • Financial resources – fund received • Physical resources – offices • Information resources - statistics MANCOSA – Introduction to Business Management Introduction to Business Management Unit 1 Practical Application 1.2 Question and Answer Practical Application 1.2 Based on the above figure, discuss the different levels of management being depicted. Answer: Learners are expected to relate to the following: • Top management is represented by Board of Directors and CEO • Middle management is represented by COO, CFO, CMO and SVP Corporate Development • Lower management is not represented in the diagram MANCOSA – Introduction to Business Management 2