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MGT503 Current Final Term Fall 2013 Shared by Muhammad Farhan Sohail File 1

Describe three qualities that visionary leaders should incorporate in their visionary role. (3)
Organizations operate in a system where different factors influence the organization designs. List down at least 3 such influencing factors. (3)
In which areas Market Control is implemented? (3)
Why is it important for an organization to adopt strategic management? Explain. (5)
“Innovation and entrepreneurs are interconnected; innovation is related to bring a change”, as an entrepreneur what forces you would consider that may create a need for change? (5)
How would you differentiate between Bureaucratic control and Clan control approach? (5)
Illustrate different trends of 21st century which can impact managerial work. (5)

Between transformational and transactional style, which is considered to be most effective for organizations? (5)

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