LA Consolacion College-Caloocan

161 pateros st. Marcela, Caloocan City, Philippines

Ablaza, Kirstiene C. Ms. Rhea Delos Santos BSBA

FINANCIAL MANAGEMENT II ETHICS1 (Tuesday 1-4 pm)

Quiz no. 1

1. Is it important for you as a manager to understand the difference

between leadership and management? Explain fully.
 It is important, because leadership and management is different from
each other. When we say leadership it is on how you will lead your
people or your employee, it is you being a leader or their role model.
While management is about, on how you will manage your employee.
Because you as a manager, when the owner is not around you will
stand as the second owner or you’re the one who will manager the
company or that branch.

2. What is the difference between the “situational approach” and the “trait
approach” to leadership? Which approach seems to have more
relevance to you as a manager? Explain.
 The trait approach of leadership focuses on the leader’s traits. In this
approach, the leader is recognized as a person of valuable traits which
is made as a benchmark for identifying leaders in the future and
believes that leaders are born or made to be a combination of skills like
intelligence, creativity, decision making, tolerance, persistence, and
good communication and social skills. Situational leadership is an
approach which focuses on situations more than leaders. The stages
of this approach consists of delegating, coaching, supporting and
 directing the team. This approach is based on situations and readiness
of the people. This approach looks at the appropriateness of the
current situation.
 I think situational approach is more relevant, because as a manager
you need to look on both sides and you need to base on what the
situation is.

3. Would it be easy for you to be a “servant leader”? Why?

 No, because being a servant leader you should be/ you should have
strong decision making skills, emotional intelligence, a sense of
community, self-awareness, foresight, and commitment to others; So it
is not easy for me to be a servant leader because, I should need to
have those skills but I will do my job to at least be one or to have those
skills.

4. Given all that you’ve learned in the topic: Leadership, what kind of
leader will you try to be as a manager? Explain.
 Transformational Leader, because these kind of leaders is about
making improvements and finding better ways to get things done. And
as a result, they inspire and empower other people to own their work
and chime in with their suggestions or observations about how things
could be streamlined or upgraded. For me I want to improve my job or
me as a leader and I also want to inspire my employee.

CASE 1: Experiential Exercise - Make a Decision at Wendy’s

1. Assume that you are Jack Sanchez. As a leader at Wendy’s, how would
you make the decision regarding whether or not to introduce serving
breakfast?
 If I were Jack Sanchez, I will introduce again or I will continue to serve
a breakfast because Wendy’s is one of the fast food chains before who
known to have a breakfast meal, but I will also do what he did, I will
change also our breakfast meal I will improve our meal unlike others.

2. Explain your answer in #1. Be sure to focus on why you chose the option
you answered in number 1 question.
 Like what I said that Wendy’s is one of the fast food chains who had a
breakfast meal, and I think that it is just right to bring it back it also one
way to gain more customers.
3. As a leader, would you find making this decision at Wendy’s challenging?
Why?
 It is a little bit challenging because it’s been years since we don’t offer
that kind of meal but We will definitely try our best to make it easy for
us because it is our job to do this.