Question 1 When does a corporation need a board of directors? your answers should not exceed 200 words Reading Required Chapter 1. Corporate Governance Context: Constraints and Challenges Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)
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Question 1
When does a corporation need a board of directors? your answers should not exceed 200 words
Reading
Required
Chapter 1. Corporate Governance Context: Constraints and Challenges
Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)
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- Krispy Kreme Doughnuts, Inc., 2015 www.krispykreme.com, KKd Copyright by Fred David Books LLC. www.strategyclub.com (Written by Forest R. David). Based on the given case above, you are required: 1. Propose a new mission statement for the organization based on 9 components of mission statement :(1) customers; (2) products and/or services; (3) markets; (4) technology; (5) survival, growth, and profitability; (6) philosophy; (7) self-concept; (8) public image; and (9) employees. (10) Component Legend is provided 2. Quality of the writing of the proposed mission statement.Y9 A- Describe the relationship the board of directors needs with shareholders, management, the community, and employees, in order to sustain a company's success. Please provide the source (references). If you could do in text citation, that would be great. Thank you!1. Explain FOUR (4) theories in corporate governance, and differentiate the functionsof a board in different theories.2. Discuss how sound corporate governance provides the basis for a healthycorporation, and whether financial indicators are the only reliable measurement of corporate performance.3. Based on the Companies Act 2016, discuss the difficulties in the process ofmonitoring directors in discharging their duties. Illustrate with examples. *Must be in essay form, words number: 1000-1500 words*
- Mustafa Computer Supplies LLC is selling computer accessories for wholesale and retail business. Which of the following is False Statement? а. Mustafa Computer Supplies LLC is a merchandise business b. Mustafa Computer Supplies LLC is doing a retail business С. 000 Mustafa Computer Supplies LLC is a doing a manufacturing business d. Mustafa Computer Supplies LLC is doing a wholesale business 10:10 amStrategic decisions are usually made quickly to not lose out on fleeting opportunities in theturbulent business environment. Your report to Naked had to be written under immense timepressure and as a consultant, you are exposed to several risks. You are required to include in yourreport a “disclaimer” of sorts, informing Naked of all the constraints and limitation you facedduring the writing of your report. You are required to conduct research beyond the scope of theprescribed material to answer this question.Your answer should contain the following points:• Declare any/all limitations and disadvantages of the analysis tools used in Question 1 ofyour report.• Outline any challenges faced during the writing of the report that may influence theobjectivity and validity of the reportAccording to COSO, which of the following differences relevant to the risk-assessment process is most likely to exist bel large entity and a small entity? O A. O B. O C. O D. The CEO of a small entity is more likely than the CEO of a large entity to be attuned to risks arising from internal factors through hands-on involvement with all levels of personnel. The risk-assessment process in a small entity is more structured than in a large one because of the nature of some of the internal control components in a small entity. An owner-manager of a small entity will not normally learn about risks arising from external factors through direct contact with customers, suppliers, and other outsiders, whereas in large entities this process is part of the entity's primary way of identifying new risk. Risk assessment in a small entity, as opposed to that in a large entity, can be problematic to implement because the in- depth involvement of the CEO and other key managers is a conflict of interest…
- Outsourcing strategies O are nearly always a more attractive strategic option than merger and acquisition strategies. ○ carry the substantial risk of making a company overly dependent on its suppliers. ○ carry the substantial risk of raising a company's costs. O increase a company's risk exposure to changing technology and/or changing buyer preferences. O involve farming out value chain activities presently performed in-house to outside specialists and strategic allies.Below is a summary of the SEC corporate governance requirements of companies publicly-listed in the stock exchange. For each requirement, state how it is intended to help to address the risk of fraud in publicly traded organizations. a. Boards must have a corporate governance committee composed at least 3 of independent directors. b. The corporate governance committee must have a written charter that addresses the committee's purpose and responsibilities, and there are must be annual performance evaluation of the committee.a- Briefly discuss relevance of ‘ corporate social responsibility’ in the context of reasonability of a public joint stock towards its shareholders for maximizing shareholders’ b- Analyse principles enshrined in “Carroll’s pyramid” and ‘triple bottom lines’.
- Imagine you are advising a local low-cost commercial construction business that is considering diversifying via acquisition into affordable residential construction. What would you not say is a typical strategic objective or benefit that could be derived from a merger or an acquisition with an existing residential construction company? O to gain quick access to new technologies or other resources and capabilities ○ to create a more cost-efficient operation out of the combined companies ○ to extend a company's business into new product or service categories and/or expand a company's geographic coverage ○ to fundamentally alter a company's trajectory and improve its business outlook ○ to expedite shifting from one strategy to another and gain better access to additional financial capitalA recent supreme court ruling made it easier to prosecute insider trading cases by? 1) doubling massive fines for those guilty of insider trading, 2) prohibiting current or former public officials from realizing stock market gains, 3) considering even those who share insider information without profiting guilty, 4) Specifying exactly what type of information can and cannot be disclosed. please help.Company 4 - Arnn Hook TalesCrochet artist Apurva Thampi makes plush toys and collectibles out of yarn. (arnnhooktales.com). Ms Thampi's grandmother tried to introduce her to crochet in her younger days, but she did not take to the craft until late 2018, when she was scrolling through “Pinterest” - the photo-sharing platform popular with crafters and designers - and discovered the Japanese art of amigurumi, which means "crocheted or knitted stuffed doll". She was pregnant with her daughter, who is now three, and she wanted to crochet something for her. The idea of creating stuffed toys from crochet was fascinating. Up to that point, she had a very limited idea of what things could be made using crochet. She began Yarn N Hook Tales in January 2021 after practising on her own projects, watching YouTube videos, and helping other crochet artists refine their amigurumi designs. Rates for her crochet commissions start at $50 and can go up to $140, with each taking an estimated three to four…