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."