BMGT 364 Final || With correct solutions.

Why study leadership? correct answers Faster rate of change Command and control- less effective and accepted Impact on the bottom line Responsibility and Ethical considerations Faster rate of change correct answers one major role of leadership is to adapt and predict change. With the increase in the rate of change in many fields and markets, understanding leadership becomes more important. (i.e. technology) Command and control correct answers many hierarchical traditional institutions are crumbling. We have more egalitarian societies, and respect for authority just because it is there is decreasing in many societies. We need to understand alternative ways to lead as well as better explore what is effective leadership and how it operates. Impact on the bottom line correct answers more and more research suggests that effective forms of leadership translate to bottom line profits. Responsibility and ethical considerations correct answers failures of large organizations such as Enron and the role senior leaders played in creating fraudulent environments contribute to more interest in leadership and its effects. Leadership correct answers The process of influencing others to mobilize and facilitate individual and collective efforts towards the accomplishment of goals or objectives (Yukl) Manager vs. Leader correct answers Everyone can be a leader Not all managers are leaders Not much of a distinction/argument about difference Irrelevant 3 Factors of Leadership correct answers The Leader The Followers The Context Questions about leadership roles correct answers (a) what predicts these behaviors and the occupation of these roles? (b) How do these behaviors and roles affect outcomes? and (c) What are some possible alternatives to leadership? Are leaders born? correct answers 30% genetics i.e. emotional intelligence Personality Traits: -Extraversion -conscientiousness -openness to experience Emotional perception correct answers Identify and understand employee's emotions