Discussion Post
Part I
• Define stockholders and stakeholders. What is the difference between the two? How companies distinguish stakeholder.
• What process does a company adopt to go through to and respond to stakeholders' concerns? What are the steps in this process?
• What is the agency problem? What are the governance mechanisms that can be put in place to guard against this problem?
• Describe internal controls and strategies that can be implemented to ensure ethical behavior within a company. Why internal controls to maintain ethical concerns are important?
Part II
• How can organizational design contribute to competitive advantage? What elements in organizational design are important?
• Describe how a strong organizational culture leads to transparency, ethics, and competitive advantage within a company.
• How do corporations develop strategic plans for single or multidivisional structures? What are some advantages and problems in implementing a multidivisional structure?
• How do companies implement strategies at a global level? What organizational structures help them develop a competitive advantage?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.