QUESTION $1$

$(30$ MARKS$)$

$"$In the contemporary business landscape, strategic leadership is recognized as a critical driver of organizational success. Analyze the key components of strategic leadership, discussing how visionary thinking, adaptability, decision$-$making, and innovation contribute to effective leadership. Explore the challenges that strategic leaders face in a dynamic environment and assess the impact of globalization and technological disruption on the strategic leadership paradigm. Provide examples from real$-$world scenarios to illustrate your points and argue how strategic leadership is essential for organizations to thrive amidst uncertainty and complexity."

QUESTION $2$

$(30$ MARKS$)$

"Corporate governance is a cornerstone in ensuring transparency, accountability, and ethical conduct within organizations. Explore the key principles and mechanisms of corporate governance, highlighting their role in safeguarding the interests of shareholders and stakeholders. Discuss the impact of effective corporate governance on organizational performance and sustainability. Analyze the challenges and controversies surrounding corporate governance, considering issues such as board composition, executive compensation, and the balance of power. Drawing from both theoretical frameworks and practical examples, evaluate the importance of robust corporate governance in building trust, mitigating risks, and fostering long$-$term success in diverse business environments."

QUESTION $3$

$(30$ MARKS$)$

"The SWOT analysis is a widely utilized strategic management tool that assesses an organization's internal strengths and weaknesses, along with external opportunities and threats. Explore the fundamental concepts and applications of SWOT analysis in strategic decision$-$making. Discuss how a well$-$conducted SWOT analysis can provide valuable insights into an organization's current position and future prospects. Examine the significance of leveraging strengths and addressing weaknesses, as well as capitalizing on opportunities and mitigating threats. Using real$-$world examples, evaluate the effectiveness of SWOT analysis in guiding strategic planning and decision$-$making processes. Consider the limitations and criticisms of SWOT analysis and propose strategies to enhance its relevance and application in a rapidly evolving business environment."