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?
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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?
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- How would a stakeholder approach, if taken by the companys top leaders and board of directors, have possibly prevented the crisis?2.You have been asked by the CEO of your software organization to hire and manage a small group of software developers in an attempt to reverse engineer the latest release of the software by your leading competitor. The goal of the group will be to identify features that could be implemented into the next few releases of your firm's software. Would you consider hiring software developers from your competitors to start this group? Why or why not? What sort of legal and/or ethical questions might be raised by this reverse engineering effort?In a public company, management acts as agent for the board and shareholders to purse the objective of maximizing shareholder value. True or Fasle?
- If one person is both the CEO and chairperson, what impact will this have on the firm or the stockholders?given that people rarely use a company’s code of ethics to guide their decision making, what good are the codes?Why would the owner-manager be interested in the debt/asset ratio? Equity/asset ratio? be sure to explain what each ratio tells the owner-manager.
- Explain the concept of “stakeholder management” in a publicly held corporation. Why shouldn’t managers be solely interested in stock-holder management, that is, maximizing the returns for owners of the firm – its shareholders? Explain the impact and include the zero- sum and symbiosis roles of stakeholder management in your answera) 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?Do the stakeholder and shareholder theory contradict each other? Why?