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- Q2. What are financial and non financial benefits of strategic management? How strategic management helps for successfully running of organization?q 3 Directors and officers owe what kind of duty to the corporation? Group of answer choices A. Fiduciary duty B. Duty to make a profit C. A duty to be innovative D. A duty to be generousModule: Strategic Management Practices 1. Analyse the effectiveness of defensive strategies ( Retrenchment, divestiture & liquidation) for a company, using appropriate examples of your own.
- Please answer all 3 subparts. 2020 Question 1 (i) The size of the board depends on: i. The size of the companyii. The industry or business sector in which it operates iii. Extent to which activities of companies are subject to regulationiv. The number of board committees A. i onlyB. i and ii onlyC. i, ii and iii onlyD. All of the above (ii) Which of the following statement is correct concerning two-tier boards?A. The management board consists entirely of non-executive directors.B. The supervisory board has the responsibility for risk management and for the preparation of the annual financial statement.C. The management board is led by the Chairman who is the CEO of the company.D. The supervisory board is responsible for managing the company. (iii) Managerial hegemony is best explained in terms of A. The provision of incentives to managers to encourage them to act in unison with the shareholder's interests.B. CEO's dominance in the director selection process and therefore control the…Strategic management. Proposed Mission Statement of Krispy Kreme Doughnuts Inc 2015. Krispy Kreme Doughnuts provides people of all ages (1) the highest quality doughnuts and coffee (2) in the industry. We actively serve customers across the UnitedStates and globally in more than twenty countries (3). We are proud of our Doughnut Theaters (7), where customers watch fresh hot doughnuts being made and order them while they are still hot. We work diligently with many nonprofits including schools and churches to help with fundraising activities (8). We continually upgrade our production technology (4). We provide our employees with meaningful employment, fair wages, and an ethical workplace (6, 9), while providing a fair return on investment for our shareholders. Please use own words. You are required to create a new mission for the organization like the above mission statement given, which based on 9 components of mission statement as put the numbering in (..) bracket follows above…V1 Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices. 1. Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company's financial statements. The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.
- Question .. in the context of strategic management explain , the role that strategic leadership play in driving strategic management initiatives?What would the SC value be?Wildwood Manufacturing Company is in rural Virginia involve in distribution of wood for furniture products. After a 50 years period of stable progress, Wood involves in the acquisition of other businesses which is the wood chemical industry. Later Wildwood was transformed to a distributor of a wide range of a wood furniture products and wood chemicals industry operating across United States. Later, after spending 5 years incorporating past acquisitions, decreasing expenditures and growing margins, the board of directors of Wildwood recognized that the company was ready to get on a new phase of progress and to continue the company former tactic of acquiring existing businesses which is related to their core of businesses. Subsequently, after reviewing the company strength, weaknesses, opportunities and threat, and the opportunity of generating more profit and more shareholder value, the board has decided to search for the new acquisition target that would increase the value and profit…
- Question A16 (a) Identify and explain three potential barriers to marketing planning. (b) Evaluate the benefits of marketing planning to business success.a. Explain the current situation of Bonia Company. b. Explain the current financial performance of Bonia Company.Background: Mr. John Francois, the owner of John Francois Stores has been operating asuccessful business since 1977. However, he is not fully aware of whatstrategic management and planning entails. As a trust worthy employee, Mr.Francois has asked you to host a weekend retreat with him, his familymembers, and selected members of staff so that you can advise them aboutwhat strategic management and planning entails as well as how important itis for the organization to engage in strategic management and planning. Question1: What would you say to the members present at the retreat so that they canhave a very good understanding of what strategic management and planningentails, and why they should engage in the process so as to maintain thecompetitive advantage of John Francois Stores?