From the 5 questions below, please choose 3 questions to answer completely.

1.What must strategic leaders do to develop and sustain an effective organizational structure?

2.Why are strategic and financial controls an important aspect of strategic leadership?

3.Give and provide an example of corporate entrepreneurship.

4.What are invention, innovation and imitation? How are these concepts interrelated?

5.How do firms develop innovations internally?

Answer preview

1. What must strategic leaders do to develop and sustain an effective organizational structure?

            An organizational structure refers to a system within an organization that defines how operations are undertaken towards attaining the company’s objectives. Strategic leaders must conduct adequate orientation and training to the new and existing employees to sustain and generate an effective business structure (Parnell, 2013). Also, to create…

 

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