MNG3702 UNISA 2024-
2024//Complete Practice Text//Latest
version!!
Main purpose of a business? ✔️✔️correct answer-Traditionally, to
make a profit. Currently - organisations must satisfy needs of all
stakeholders, not only shareholders.
3 pillars of responsible strategic leader? ✔️✔️correct answer-*
Sustainability strategic leadership - create direction, create alignment,
maintain commitment.
* Responsibility strategic leadership - key stakeholders
* Ethical strategic leadership
6 levels of commitment to challenges of responsibility & sustainability?
✔️✔️correct answer-1) Rejection = work actively against
2) Non-responsiveness
3) Compliance = to avoid risk
4) Efficiency = cost-reduction & efficiency strategy
5) Strategic pro-activity = sustainability viewed as achieving competitive
advantage
6) The sustaining organisation = committed to principles of social and
ecological sustainability that maintains financial returns but is focused on
meeting the needs of the present without compromising opportunities of
future generations.
Difference between ethics and morality? ✔️✔️correct answer-* Ethics
= making the rules (underlying rationale used to create morality)
* Morality = applying these rules
,Business ethics? ✔️✔️correct answer-The study of what constitutes
right and wrong human conduct in a business context.
What is organisational structure? ✔️✔️correct answer-The formal
configuration between individuals and groups regarding allocation of
tasks, responsibilities and authority within an organisation.
Responsible organisational structure? ✔️✔️correct answer-Integration
of responsible management, sustainable development and ethical
practice throughout the structure of the organisation.
What makes a person a leader? ✔️✔️correct answer-1) There need to
be followers.
2) A leader is out front, determining the standard.
3) Leader strives to build authentic relationships.
4) A leader is not necessarily an individual.
5) Leader and followers have a common goal.
Strategic leadership? ✔️✔️correct answer-Process by which a strategic
leader influences followers to achieve strategic vision of the
organisation.
6 requirements for leader to be considered operating on strategic level?
✔️✔️correct answer-1) Ability to build knowledge of environment
2) Authentic leadership
3) Understand organisation
4) Ability to create shared understanding
5) Feel comfortable with change
6) Rooting in functional skills
Essence of strategic leadership? (Boal and Hooiberg) ✔️✔️correct
answer-Creation & maintenance of:
, 1) Absorptive capacity
2) Adaptive capacity
3) Managerial wisdom
Define organisational structure? ✔️✔️correct answer-The formal
configuration of individuals and groups regarding the allocation of
resources, responsibility & authority.
3 organisational structure components? ✔️✔️correct answer-(1 & 2 =
structural framework, vertical hierarchy)
(3 = horizontal & vertical)
1) Designates formal reporting relationships (hierarchical levels & span of
control).
2) Identifies grouping of individuals in departments & the departments of
the organisation.
3) Includes the design of systems, processes & procedures.
Role of top management in organisational design? ✔️✔️correct answer-
1) Analyse internal & external environment
2) Determine strategic direction
3) Create organisational structure
4) Determine effectiveness & efficiency
Phases in creating a responsible organisational structure? ✔️✔️correct
answer-1) Understand the organisation = individualism (individuals
responsible for decisions) vs collectivism (organisation is responsible),
realism (duty ethics) vs constructivism, instrumentalism vs
institutionalism.
2) Creating a responsible organisational structure (ANDCCEI)
3) Develop the organisation responsibly = 3 main drivers to shift towards
integrating responsible management include
* cultivating responsible leadership
2024//Complete Practice Text//Latest
version!!
Main purpose of a business? ✔️✔️correct answer-Traditionally, to
make a profit. Currently - organisations must satisfy needs of all
stakeholders, not only shareholders.
3 pillars of responsible strategic leader? ✔️✔️correct answer-*
Sustainability strategic leadership - create direction, create alignment,
maintain commitment.
* Responsibility strategic leadership - key stakeholders
* Ethical strategic leadership
6 levels of commitment to challenges of responsibility & sustainability?
✔️✔️correct answer-1) Rejection = work actively against
2) Non-responsiveness
3) Compliance = to avoid risk
4) Efficiency = cost-reduction & efficiency strategy
5) Strategic pro-activity = sustainability viewed as achieving competitive
advantage
6) The sustaining organisation = committed to principles of social and
ecological sustainability that maintains financial returns but is focused on
meeting the needs of the present without compromising opportunities of
future generations.
Difference between ethics and morality? ✔️✔️correct answer-* Ethics
= making the rules (underlying rationale used to create morality)
* Morality = applying these rules
,Business ethics? ✔️✔️correct answer-The study of what constitutes
right and wrong human conduct in a business context.
What is organisational structure? ✔️✔️correct answer-The formal
configuration between individuals and groups regarding allocation of
tasks, responsibilities and authority within an organisation.
Responsible organisational structure? ✔️✔️correct answer-Integration
of responsible management, sustainable development and ethical
practice throughout the structure of the organisation.
What makes a person a leader? ✔️✔️correct answer-1) There need to
be followers.
2) A leader is out front, determining the standard.
3) Leader strives to build authentic relationships.
4) A leader is not necessarily an individual.
5) Leader and followers have a common goal.
Strategic leadership? ✔️✔️correct answer-Process by which a strategic
leader influences followers to achieve strategic vision of the
organisation.
6 requirements for leader to be considered operating on strategic level?
✔️✔️correct answer-1) Ability to build knowledge of environment
2) Authentic leadership
3) Understand organisation
4) Ability to create shared understanding
5) Feel comfortable with change
6) Rooting in functional skills
Essence of strategic leadership? (Boal and Hooiberg) ✔️✔️correct
answer-Creation & maintenance of:
, 1) Absorptive capacity
2) Adaptive capacity
3) Managerial wisdom
Define organisational structure? ✔️✔️correct answer-The formal
configuration of individuals and groups regarding the allocation of
resources, responsibility & authority.
3 organisational structure components? ✔️✔️correct answer-(1 & 2 =
structural framework, vertical hierarchy)
(3 = horizontal & vertical)
1) Designates formal reporting relationships (hierarchical levels & span of
control).
2) Identifies grouping of individuals in departments & the departments of
the organisation.
3) Includes the design of systems, processes & procedures.
Role of top management in organisational design? ✔️✔️correct answer-
1) Analyse internal & external environment
2) Determine strategic direction
3) Create organisational structure
4) Determine effectiveness & efficiency
Phases in creating a responsible organisational structure? ✔️✔️correct
answer-1) Understand the organisation = individualism (individuals
responsible for decisions) vs collectivism (organisation is responsible),
realism (duty ethics) vs constructivism, instrumentalism vs
institutionalism.
2) Creating a responsible organisational structure (ANDCCEI)
3) Develop the organisation responsibly = 3 main drivers to shift towards
integrating responsible management include
* cultivating responsible leadership
