MNG3702 ASSIGNMENT 1 ANSWERS
SEMESTER 2 DUE 25 JULY 2025| BRAND
NEW ACTUAL EXAM WITH 100% VERIFIED
QUESTIONS AND CORRECT SOLUTIONS|
GUARANTEED VALUE PACK| ACE YOUR
GRADES.
Main purpose of a business? - ANSWERS_Traditionally, to
make a profit. Currently - organisations must satisfy needs of
all stakeholders, not only shareholders.
3 pillars of responsible strategic leader? - ANSWERS_*
Sustainability strategic leadership - create direction, create
alignment, maintain commitment.
* Responsibility strategic leadership - key stakeholders
* Ethical strategic leadership
6 levels of commitment to challenges of responsibility &
sustainability? - ANSWERS_1) Rejection = work actively
against
2) Non-responsiveness
3) Compliance = to avoid risk
4) Efficiency = cost-reduction & efficiency strategy
,5) Strategic pro-activity = sustainability viewed as achieving
competitive advantage
6) The sustaining organisation = committed to principles of
social and ecological sustainability that maintains financial
returns but is focused on meeting the needs of the present
without compromising opportunities of future generations.
Difference between ethics and morality? - ANSWERS_* Ethics
= making the rules (underlying rationale used to create
morality)
* Morality = applying these rules
Business ethics? - ANSWERS_The study of what constitutes
right and wrong human conduct in a business context.
What is organisational structure? - ANSWERS_The formal
configuration between individuals and groups regarding
allocation of tasks, responsibilities and authority within an
organisation.
Responsible organisational structure? -
ANSWERS_Integration of responsible management,
sustainable development and ethical practice throughout the
structure of the organisation.
, What makes a person a leader? - ANSWERS_1) There need to
be followers.
2) A leader is out front, determining the standard.
3) Leader strives to build authentic relationships.
4) A leader is not necessarily an individual.
5) Leader and followers have a common goal.
Strategic leadership? - ANSWERS_Process by which a
strategic leader influences followers to achieve strategic
vision of the organisation.
6 requirements for leader to be considered operating on
strategic level? - ANSWERS_1) Ability to build knowledge of
environment
2) Authentic leadership
3) Understand organisation
4) Ability to create shared understanding
5) Feel comfortable with change
6) Rooting in functional skills
Essence of strategic leadership? (Boal and Hooiberg) -
ANSWERS_Creation & maintenance of:
SEMESTER 2 DUE 25 JULY 2025| BRAND
NEW ACTUAL EXAM WITH 100% VERIFIED
QUESTIONS AND CORRECT SOLUTIONS|
GUARANTEED VALUE PACK| ACE YOUR
GRADES.
Main purpose of a business? - ANSWERS_Traditionally, to
make a profit. Currently - organisations must satisfy needs of
all stakeholders, not only shareholders.
3 pillars of responsible strategic leader? - ANSWERS_*
Sustainability strategic leadership - create direction, create
alignment, maintain commitment.
* Responsibility strategic leadership - key stakeholders
* Ethical strategic leadership
6 levels of commitment to challenges of responsibility &
sustainability? - ANSWERS_1) Rejection = work actively
against
2) Non-responsiveness
3) Compliance = to avoid risk
4) Efficiency = cost-reduction & efficiency strategy
,5) Strategic pro-activity = sustainability viewed as achieving
competitive advantage
6) The sustaining organisation = committed to principles of
social and ecological sustainability that maintains financial
returns but is focused on meeting the needs of the present
without compromising opportunities of future generations.
Difference between ethics and morality? - ANSWERS_* Ethics
= making the rules (underlying rationale used to create
morality)
* Morality = applying these rules
Business ethics? - ANSWERS_The study of what constitutes
right and wrong human conduct in a business context.
What is organisational structure? - ANSWERS_The formal
configuration between individuals and groups regarding
allocation of tasks, responsibilities and authority within an
organisation.
Responsible organisational structure? -
ANSWERS_Integration of responsible management,
sustainable development and ethical practice throughout the
structure of the organisation.
, What makes a person a leader? - ANSWERS_1) There need to
be followers.
2) A leader is out front, determining the standard.
3) Leader strives to build authentic relationships.
4) A leader is not necessarily an individual.
5) Leader and followers have a common goal.
Strategic leadership? - ANSWERS_Process by which a
strategic leader influences followers to achieve strategic
vision of the organisation.
6 requirements for leader to be considered operating on
strategic level? - ANSWERS_1) Ability to build knowledge of
environment
2) Authentic leadership
3) Understand organisation
4) Ability to create shared understanding
5) Feel comfortable with change
6) Rooting in functional skills
Essence of strategic leadership? (Boal and Hooiberg) -
ANSWERS_Creation & maintenance of:
