What benefits can an organisation achieve from delegation of authority
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- What is the effect of agency in Governance?Why might businesses periodically review and restructure their organisational frameworks?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?
- What do you understand by centralization of authority and responsibility in an organization?Why good organizational governance practice is widely popular in recent decades in the global economy?To what extent is corporate governance important to the success of organizations? To what extent is corporate governance important to the success of organizations?
- What is the board's role in corporate governance , and how does it differ from management's role?What items of good corporate governance serve to mitigate the tension between owners and managers?How can organizations effectively manage and maintain positive agency relations to ensure successful collaborations and achieve desired outcomes?
- What is corporate governance? What factors account for the serious attentioncorporate governance receives?Discuss the devices that make control different from ownership. What impact do differences between ownership and control have on the conflicts of interest that are likely to prevail in a corporation?How do managers establish and maintain effective relationships with external stakeholders to support coordination efforts?