Question: Q.1 Drucker once advised executives, A degenerative disease will not be cured by procrastination. It requires decisive action. Do you agree or disagree? Why? Explain

Q.1

Drucker once advised executives, "A degenerative disease will not be cured by procrastination. It requires decisive action." Do you agree or disagree? Why? Explain two major reasons in light of the Pakistani business context with appropriate examples. (5 Marks; Max. words = 500)

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The quality of the argumentation

The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.