List I
(Leadership Theory)List II
(Base)(a) The Great Man Theory (i) Leadership qualities can be
acquired.(b) The Trait Theory (ii) Different personality traits to
deal with diverse situations.(c) The Situational Theory (iii) Leaders are born, not
made.(d) The Contingency Theory (iv) Leader-match theory.
This exercise involves matching prominent leadership theories from List I with their corresponding descriptions or foundational concepts presented in List II. It's essential to understand the core tenets of each theory to make accurate connections.
| List I (Leadership Theory) | List II (Base) |
|---|---|
| (a) The Great Man Theory | (ii) Different personality traits to deal with diverse situations |
| (b) The Trait Theory | (iii) Leaders are born, not made |
| (c) The Situational Theory | (i) Leadership qualities can be acquired |
| (d) The Contingency Theory | (iv) Leader-match theory |
The Great Man Theory is an early leadership concept suggesting that individuals born with specific, innate qualities are destined to be leaders. In this context, it is associated with (ii) Different personality traits to deal with diverse situations, highlighting that these inherent characteristics enable leaders to navigate various circumstances effectively.
The Trait Theory shifts the focus to identifying and categorizing the specific personality traits, motives, and values that effective leaders possess. Based on the provided matching, this theory aligns with (iii) Leaders are born, not made, suggesting that fundamental leadership qualities are often considered innate rather than developed.
Situational theories emphasize that leadership effectiveness is not absolute but depends heavily on the context or situation. The corresponding match is (i) Leadership qualities can be acquired. This implies that effective leadership behavior can be learned and adapted to suit the demands of different environments and challenges.
Contingency theories propose that successful leadership requires matching a leader's style with the specific situation. The description (iv) Leader-match theory directly reflects this principle, indicating that effectiveness arises from the alignment between leadership approach and situational factors.
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 :