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4.b) How does the modular governance type work? Why might this type of
governance be superior to the market-based one?
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- Comprehensively discuss and assess the governance structure in your organization(ex.commercial bank). Determine its alignment with the approaches to corporate governance. If you were to design your own governance structure, how would you like to do it and why?Why is it necessary for boards to delegate financial responsibilities or accountabilities? Is there a difference between responsibility and accountability in this context?Recent corporate governance reforms in various countries urge (and often require) firms to add more outside directors to their boards and separate the jobs of board chairman and CEO. Yet, academic research has not been able to conclusively support the merits of both practices. Why?
- What was Enron's corporate governance structure? Did they have policies and if yes what were there and how effective were they?Who are the typical system stakeholders (the key players), and what are their unique roles?Every organization relies on its own unique bundle of organisational stakeholders. Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and not-for-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But to know who is are the customer for a not-for-profit, and are the categories of product, market, organization, and capital market stakeholders might be challenging to obtain the needed information. 1.Decide on ONE not-for profit organisation either local or international based. Write a detailed information regarding the chosen not-for…
- Every organization relies on its own unique bundle of organisational stakeholders. Each one of the relationships between the organisation and its stakeholders is influential in its ability to serve its mission and achieve above average profits in the profit sector or to create value in the not-for-profit sector. However, there are several ways that stakeholder management differs between the for-profit and not-for-profit organisations. It is easy to think of a for-profit firm that has product market stakeholders, such as customers, who can add or subtract their support by their decision of whether or not to purchase the firm’s products or services. But to know who is are the customer for a not-for-profit, and are the categories of product, market, organization, and capital market stakeholders might be challenging to obtain the needed information. Decide on ONE not-for profit organisation either local or international based. Write a detailed information regarding the chosen not-for…How can management plans and policies satisfy the business' demands and provide the company with a strategic advantage?Do you agree that managers and firms really pursue their interests? Why or why not?
- What did you learn in this terms such as Governance,Business Ethics,Risk Management and Internal Control? And How will you apply the knowledge you learned in real life situations?a) When is there an enforceable contract? Is it when the parties agree on the business terms or when the legal terms are finalized? Explain highlight an example of a business situation b) Explain why an enterprise which is making profit can still go under? c) What is controlling as a management function and what systems are put in place as control systems? d) What is budgeting and what are the benefits of budgeting?How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders? At the expense of the employees? At the expense of other key stakeholders?