How does visionary outlook skill relate to the board of directors?
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- Outline four qualities of an independent non-executive director.3. (a) What are the roles and responsibilities of an effective and active Board of Directors? (b) Briefly discuss the agency theory and stewardship theory.how might a corporate management team go about determining whether the company should diversify?
- What are the advantages of having a business plan? What are the common challenges encountered in creating a business plan? Describe each.. What steps can Janine take to help convince her Uncle Momo that the company needs a strategic plan?With respect to Board of Directors, what kind of good corporate practice does H&M regularly engage in?
- 1. Could writing a conventional business plan ever cause more harm than good? Explain your answer?2. If you wanted some assistance in setting up and running a new business, you might look at business incubators as a solution. What kind of assistance would you consider the most valuable?3. Given the risks involved in starting any company, should an aspiring entrepreneur investigate all possible failure scenarios and develop action plans to avoid these potential outcomes? Explain your answer.4. How do autocratic, democratic, and laissez-faire leadership styles differ?5. Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your answer.6. What are the advantages and disadvantages of the unstructured organizational model?7. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the…Answer the question in paragraph format What strategy should an entrepreneur employ when selecting a personal board, an advisory board, or a board of directors?Review the differences as between strengths and opportunities, weakness and threats. Remember that strengths and weaknesses are usually controllable by management, while opportunities and threats generally stem from the outside environment. Develop a SWOT analysis and include 3-4 of each category. Please organize your SWOT analysis in a chart or table that you can then explain within each outlined point. Lastly, explain how college can leverage your outlined strengths to capitalize on its opportunities? Then tell me how can college could mitigate threats by bolstering weaknesses?