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Question: Explain The porter’s Five Forces Model. Answer: Introduction Michael Porter developed Porter’s five forces model. It is a business tool or a framework that helps in examining the strength of the five forces that govern competition within industry. The five forces help in analyzing the level of competition within the companies in an industry. The main aim of developing Porters five forces is to help t...
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Question: Discuss about the BSG Simulation for Shared leadership and Team Performance. Answer: Summary of my experience with the BSG simulation When we started the Business strategy games, me and my partner we were overwhelmed with the amount of decisions we had to make on the various choices each presenting a possibility of success. We learned different speeds in decision making. We never to underestimate the time it could take us ...
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Question: Discuss about the Business Strategy for Resources and Corporate Strategy Answer: Introduction: The three tangible assets for Wells Fargo Bank are stocks, distribution channels, loan, and advances. The three intangible assets are goodwill, copyrights and brand name of the firm within the concerned market segments (Montgomery, 2005). Moreover, three capabilities of Wells Fargo Bank the firm are supply cha...
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Question: Discuss about the Organizational Behavior for Business Simulation Game. Answer: Introduction: BSG (business simulation game) is a strategic tool that attracts consumers working together on a technology based platform for economic processing (Sloan et al., 2013). The team had adopted one of the most efficient cohesive business strategies that are recruiting with care, training program etc. The process is well develop...
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Question: Analyze several changes over the past 10 years and the impact on leaders today. Answer: “There is nothing permanent except change”-a supreme mention by a Greek philosopher Heraclitus. (Mike, 2013). This statement is a very true keeping in mind the world today from the world it was and to the world it would be. The world is moving at the pace beyond our thinking abilities and there is a bigger s...
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Question: Describe about the Leadership. Answer: Leadership is the art of leading and getting things done by the employees in the organization. An effective leader should have the ability to set clear vision of the organization and share it in effective way among the employees. From the Michigan organizational assessment, it can be viewed that as an effective leader one should engage in three different behaviors. These thr...
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Question: Describe about the transformational leadership. Answer: Transformational leadership skills The leadership skills are very much essential for performing at optimum level. An efficient leader should display transformational leadership to perform his day to day job duties (Schoemaker, Krupp & Howland, 2013). The style of leadership where the leader works with his subordinates in order to identify the required change...
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Question: Construct a plan for a "change" within your Organization (or Organization of your choice). As leaders we are constantly solving problems, so use this opportunity to describe the need for change, provide background/historical information as needed, barriers or resistance to the change, benefits, recommendations, and the process/strategy you will follow to implement the changes. Answer: Slide 2: The economic and ...
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Question: Analyze the key concepts and describe applications to your organization. Provide examples. Answer: Transformation leadership by Dr. Judith Wright Critical review: The main message of the video presented by Dr. Judith Wright is to show that transformation is tough and complex and it is difficult to adopt. Transformation is only adopted when the organization has a proper reason. Transformation is associated with confu...
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Question: Explain the topic "Followers need for Leadership". Answer: The term leadership means and includes the function of setting the direction and help to people or employees in any organization to make the performance of the appropriate functions. The act of leadership is regarded as the process through which any individual makes the influence of other persons make the accomplishment of the goals of any organization. The fu...
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Question: Explain the puzzle of motivation. Answer: The Puzzle of motivation by author Dan Pink is the concept of motivation what is most desirable in the business world today. The time where all businesses are in regular contests of developing their supremacy and the most of them not moving to the next levels. Results are failure. Then there are few of them who are changing the world with their motivated professionals and succ...
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Question: Write one page essay on the assessment how this can help me with in my work organization. How this assessment will help me to be a better leader. My organization is in banking.I am senior personal banker at wells fargo bank. I lead my team member and also the burlington county bankers to make them successful in theirrole. Answer: BSRI Self-Assessment Masculinity Test Defends own beliefs ...
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Question: Describe about the Motivation and Leadership. Answer: Introduction The term motivation is defined as the process that accounts for the individual’s intensity, persistence and directions of efforts towards attaining a desired goal. It implies an inner sensation that drives an individual to preserve something and positively. When it articulates with the term leadership it creates a positive atmosphere among several emp...
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Question: Identify ways in which they can apply the results to improve leadership ability within their organization. Answer: Effective motivation and leadership helps every individual to get success in the workplace (Geller, 2016). In this assessment, the researcher is a Senior Personal Banker in Wales Fargo Bank. The process by which the researcher is leading the bank is quiet appreciable as the characteristics required for ...
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