MGT503 Final Term Subjective by Syed Shazaib

Syed Shahzaib

MGT503 Subjective papers 2016 solved

5Marks question: Characteristics of Charismatic Leaders. (Answer) Five personal characteristics of charismatic leaders have a. Have a vision b. Are able to articulate that vision c. Are willing to take risks to achieve that vision d. Are sensitive to both environmental constraints e. Exhibit behaviors that are out of the ordinary

5Marks question: Five stages of group formation.

Answer: Stages of Groups Development a. Stage 1: Stages of Groups Development

Q1. It has been proposed that groups progress through a series of five stages, but may regress with changes in membership.

1. Stage 1: Forming: occurs as group members attempt to assess the ground rules that will apply to a task and to group interaction.
2. Stage 2: Storming: occurs as group members experience conflict with one another as they locate and attempt to resolve differences of opinion regarding key issues.
3. Stage 3: Norming: occurs as group members begin to build group cohesion, as well as develop a consensus about norms for performing a task and relating to one another.
4. Stage 4: Performing: occurs as energy is channeled toward a task and as norms support teamwork.

e. Stage 5: Adjourning: occurs as group members prepare for disengagement as the group nears successful completion of its goals.

5- Marks: Describe delegation process. Why managers delegates authority ?

Answer: Delegation is assignment of part of manager’s work to others along with responsibility and authority.

Q1. In addition to issues of accountability, managers may resist delegation for a number of reasons.

1. Managers may fear if subordinates fail.
2. Managers may think they lack time to train subordinates.
3. Managers may want to hold on to their power.
4. Managers may enjoy doing the tasks subordinates could do.

e. Managers may feel threatened by subordinates. f. Managers may not know how to delegate.

5Marks: Explains categories of BCG Matrix.

Answer: The BCG matrix, developed by the Boston Consulting Group, is a strategy tool to guide resource allocation decisions based on market share and growth of SBUs. The matrix defines four business groups. SBUs plotted on the BCG matrix can be categorized:

1. The Star has a high market share in a rapidly growing market.
2. A Question Mark (problem child) has a low market share in a rapidly growing

market.

3. The Cash Cow has a high market share in a slowly growing market.
4. A Dog has a low market share in an area of low growth.

1. Transactional leaders are leaders who guide or motivate their followers in the direction of established goals by clarifying role and task requirements.
2. Transformational leaders are leaders who provide individualized consideration and intellectual stimulation and possess charisma.

3 - Marks: Can we plan without setting goal ?

Answer: In planning, it’s important that teams have clear goals and that these goals be clear to and accepted by every member of the team.

Explain the re-enforcement theory? 3 marks

Answer: Reinforcement Theory Reinforcement Theory is counter to goal-setting theory. It proposes that behavior is a function of its consequences.