To determine:
If being in the team for a prestigious and remarkable project will make you overlook the facts and be instrumental in making unethical decisions. How to make it sound sensible so that no one will have an effect?
Introduction:
A training program organized in MicroPhone, a telecommunication company for customer service project. It is lead by Kristin Cole who is Head of HR. Sara MacIntosh joined the organization reporting to Kristin into their training operations. The above training is a weekly program for 3000 employees with a cost of $40 Million. However after looking into the extensive details of the project Sara understood that it is going to cost more than that if the training has to be continued on the way it is planned for.
She reported to Kristin about her concerns however Kristin was not ready to listen. Also, she demanded Sara to organize it and make it successful with said budget and there will not be any changes. Sara was not ready to accept this but to look on another side this is the first project and most famous project. If proved successful she will be able to gain so much of name and fame.

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Chapter 10 Solutions
UNDERSTANDING MANAGEMENT-MINDTAP
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- Case Study The composition and role of boards. The board of directors is the corporation's governing body. By law, the board is vested with the authority to manage the corporation's business and affairs, and the board's members have a fiduciary responsibility to act in the best interests of the corporation and its shareholders. Boards are thus collegial bodies in the traditional sense that their members share authority and responsibility, and have both individual and collective accountability. Boards typically delegate much of their authority to an executive team that carries out the day-to- day operations of the corporation's business. However, some board duties cannot be delegated, and boards vary widely in the extent of their involvement in the business. The board's core functions typically include selecting, monitoring, advising, and compensating the chief executive; monitoring the company's financial structure and declaring dividends; deciding on major transactions and changes in…arrow_forward4. Explain any three provisions that were added to improve from Kings' Report II to Kings' Report III? (9 marks)arrow_forwardQUESTION 2 a. Differentiate between unitary (single-tier) and two-tier board structures. (10 marks) b. Evaluate the structure you think would be more effective in the governance of companies. (15 marks)arrow_forward
- Case Study The composition and role of boards. The board of directors is the corporation's governing body. By law, the board is vested with the authority to manage the corporation's business and affairs, and the board's members have a fiduciary responsibility to act in the best interests of the corporation and its shareholders. Boards are thus collegial bodies in the traditional sense that their members share authority and responsibility, and have both individual and collective accountability. Boards typically delegate much of their authority to an executive team that carries out the day-to- day operations of the corporation's business. However, some board duties cannot be delegated, and boards vary widely in the extent of their involvement in the business. The board's core functions typically include selecting, monitoring, advising, and compensating the chief executive; monitoring the company's financial structure and declaring dividends; deciding on major transactions and changes in…arrow_forward6. Describe the need for financial reports for the following stakeholders. a. The Community b. Creditorsarrow_forward5. Explain four differences between the shareholder theory and stakeholder theory with respect to corporate governance. (8 marks)arrow_forward
- 2. Outline the functions of the following board committees. a. Nomination Committee b. Remuneration Committee C. Audit Committeearrow_forward1. Explain any four pillars of corporate governance.arrow_forwardplease use screenshots to answer question. Give a brief analysis of the data found in the pie chart as well as those found in the two column charts created (in your MS Excel assignment), considering the recent move to conducting government transactions online. please put the analysis in a paragraph format.arrow_forward
- Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College PubUnderstanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning

