According to Gutherie's framework, strategic leadership involves several key characteristics essential for guiding an organization effectively. These include:
Gutherie emphasizes these aspects as fundamental for effective strategic leadership. They are directly related to setting direction, mobilizing resources, and achieving competitive advantage.
The characteristic 'Symbolic' is not considered an important component of strategic leadership within Gutherie's specific model. While leaders might act symbolically, this function is not identified by Gutherie as a core, defining trait necessary for strategic direction and organizational success, unlike vision, inspiration, and strategic orientation.
Therefore, the characteristic NOT highlighted as important by Gutherie is Symbolic.
The following statements relate to value based organisations. Choose the correct code for the statements being correct or incorrect.
Statement I: People differ in their choice of values, the enforcement of one group's value on an individual is an ethical issue. Still there is a good deal of commonality in the values that businesses hold.
Statement II : Ethical codes are statements of the norms and beliefs of an organisation which are proposed, discussed and defined by the management of the firm which is then published and distributed.
Which of the following statements are applicable to value-based pricing concept?
A. Design product to deliver desired value at target price
B. Set target price to match customer perceived value.
C. Determine costs that can be incurred.
D. Convince buyers of product's value.
E. Assess customer needs and value perceptions.
Choose the most appropriate answer from the options given below:
Match List I with List II
| List I : Leadership style | List II : Leadership behaviour | ||
| A. | Developer | I. | Delegation of responsibility with firm accountability |
| B. | Benevolent Autocratic | II. | Respecting collective commitment and team efforts |
| C. | Bureaucratic | III. | Expressing professional concern for subordinates |
| D. | Executive | IV. | Adherence to rules and procedures |
Choose the correct answer from the options given below:
________ is concerned with good and bad aspects of human behaviour.
A group is a _______ of different personality :