Business strategy and management principles assignment

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This assignment covers chapter 11, Corporate Performance, Governance, Business ethics, and chapter 12, Implementing Strategy in Companies that compete in single and multiple industries.

Questions:

Chapter 11:

– Define stockholders and stakeholders. What is the difference between the two? How companies distinguish stakeholders.

– What process does a company adopt to go through to and respond to stakeholder’s concerns? What are the steps in the process?

– What is the agency problem? What are the governance mechanisms that can be Putin to guard against this problem?

– Describe internal controls and strategies that can be implemented to ensure ethical behavior within a company. Why internal controls to maintain ethical concerns are important?

Chapter 12 Questions:

1. How can organizational design contribute to competitive advantage? What elements in organizational design are important?

2. Describe how a strong organizational culture leads to transparency, ethics and competitive advantage within a company.

3. How do corporations develop strategic plans for single or multi-divisional structures? What are some advantages and problems in implementing a mult-divisional structure.

4. How do companies implement strategies at a global level? What organizational structures help them develop a competitive advantage?

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Business strategy and management principles assignment

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