1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
3 years ago
5

The roles and responsibilities of top executives and members of a corporation’s board of directors are different. Traditionally,

executives have been responsible for determining the firm’s strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm’s strategies. How would the board’s increased involvement in the selection of strategies affect a firm’s strategic competitiveness? What evidence can you offer to support your position/answer?
Business
1 answer:
Eddi Din [679]3 years ago
7 0

Answer:

Yes, boards should interfere more in strategic planing, due to more complex environment in which today's companies operate.

Explanation:

Today's complex business environment, where companies are facing not just competitive, but also non-competitive forces, require stronger involvement of their board of directors in strategic planning. These external forces like macroeconomic surroundings or political pressure are all having a strong impact on the company. Also, tendency towards higher stake in ownership by passive investors that are not happy with short-term creation of value unless it is not sustainable, leads to higher shareholder's activism. Also, sector specific knowledge in today's atmosphere, where boundaries between branches are blurred is not sufficient anymore. Directors can jump in and help the management, while also having a higher role in governance, ensuring that the strategy is carried out in proper way.

You might be interested in
e payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing
Harman [31]

Answer:

Invest

invest

Explanation:

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Dominant strategy is the best option for a player regardless of what the other player is playing

firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.

Thus the option that would yield the highest payoff is for both firms to advertise.

this is an example of prisoners dilemma

7 0
3 years ago
Suppose that political upheaval in argentina has sparked rampant inflation. a. explain how this unexpected inflation would impac
ankoles [38]

All consumers including banks, even retirees, are directly impacted by inflation in terms of their income, savings, and spending.

How Inflation affects retirees?

  • When determining whether to boost the qualified retirement plan contribution limits or the monthly Social Security benefits, the federal government utilizes inflation as a baseline.
  • Pensions, on the other hand, may or may not increase in value with inflation, and private businesses frequently have internal guidelines for how and when to make cost-of-living adjustments.
  • The main worry for retirees is how inflation would influence their ability to spend their money on essentials like healthcare, travel, and recreation, all of which are expected to be more expensive during inflationary periods.
  • To guard against rising prices, retirees can diversify their sources of income, manage their savings, and make prudent spending decisions.

How will inflation impact banks?

Central banks, including the Federal Reserve, may raise interest rates in an effort to reduce inflation if it is rising while the economy is expanding. Consumer borrowing may slow down as a result of higher interest rates as they take out fewer loans.

Learn more about Inflation with the help of the given link:

brainly.com/question/28190771

#SPJ4

3 0
2 years ago
Who has access to the source code of proprietary software?
sveta [45]
<span>software publishers,software purchasers,the government  hope that helps</span><span>
</span>
8 0
3 years ago
Read 2 more answers
Vino Winery is considering the purchase of a state-of-the-art bottling machine. The new machine will cost $20,790 and will have
jolli1 [7]

Answer:

the internal rate of return is 6%

Explanation:

The computation of the internal rate of return is shown below;

Given that

Years         Cash flows

0                -$20,790

1                   $6,000

2                  $6,000

3                 $6,000

4                 $6,000

Now apply the following formula i.e..

= IRR()

After applying the above formula, the internal rate of return is 6%

6 0
3 years ago
A trade surplus occurs when the value of imports is__________. A. less than the value of exports. B. government spending is less
Reika [66]

Answer: Option A

         

Explanation: In simple words, trade surplus refers to the economic condition under which a country's value of goods sold to other countries, that is, exports is greater than the value of goods it purchases from other countries ,that is, imports.

Trade surplus is seen as a positive indicator of economic growth as a country in surplus will behaving more money to invest in public core services and wont be spending their tax collections on interest and loans taken by international assignations such as IMF or world bank.

Hence from the above we can conclude that the correct option is A.

5 0
3 years ago
Other questions:
  • If the performance evaluations that salespeople receive are based solely on sales revenue to the exclusion of other important fa
    7·1 answer
  • What advice does Lisa Marie Ford have for people interested in a career in marketing or business? (Site 1)
    9·2 answers
  • A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
    15·2 answers
  • 1The main reason that U.S. currency cannot be turned in to the government in exchange for a tangible asset such as gold is that:
    7·1 answer
  • Jones Company has the following liabilities at the end of the current year:
    6·1 answer
  • Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
    13·1 answer
  • A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit
    8·1 answer
  • Which expression can be used to find the amount of tax
    12·1 answer
  • Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get
    9·2 answers
  • A company has a selling price of $2,150 each for its printers. Each printer has a 2 year warranty that covers replacement of def
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!