Corporate Governance and Strategic Management Issues

Week 2: Corporate Governance and Strategic Management Issues

Answering the following questions in detailed paragraph format. Please use your PowerPoint slides and other professional reading resources (internet research) to answer the following questions. Each response should be a minimum of 150 words. Support your responses using cited research in APA format.

Chapter 4

  1. Explain the evolution of corporate governance. What problems developed? What are the current trends?
  2. Explain how governance failures such as Enron and the global financial crisis could happen. How might they be avoided?
  3. Discuss the pros and cons of the shareholder-primacy and director-primacy models of corporate governance. Which do you prefer and why?

Chapter 5

  1. Identify the steps involved in the strategic management process.
  2. What is the difference between integrated reporting and a social performance report?
  3. What is social entrepreneurship and how is it related to the bottom of the pyramid (BOP)?
  4. What are the major ways in which public affairs might be incorporated into every manager’s job? Rank them in terms of what you think their impact might be.

Chapter 6

  1. Following the approach indicated in Figure 6-1, identify a new issue category not listed in Figure 2. Identify several examples of “crises” that have occurred in recent years under each issue category.
  2. Identify a crisis that has occurred in your life or in the life of someone you know, and briefly explain it in terms of the four crisis stages: prodromal, acute, chronic, and resolution.
  3. Research the impacts on business organizations of the attacks on the World Trade Center in New York and the scandals of the early to mid-2000s. What have been successful and unsuccessful examples of crisis management that have come out of this research? Is terrorism a likely crisis for which business may prepare? How does preparation for terrorism (which comes from without) compare with preparation for ethical scandals (which come from within)?
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