Identify and discuss the governance mechanisms that help align the incentives of stockholders and managers

Identify and discuss the governance mechanisms that help align the incentives of stockholders and managers, and help monitor and control management.

Consider a national chain of company-owned fast-food restaurants. For this finn, list the important stakeholders.Then describe how each stakeholder group can affect the firm’s profitability.

Business ethics are concerned with accepted principles of right or wrong governing the conduct of businesspeople. Identify and discuss the common examples of unethical decisions that businesspeople have made.

Describe what is meant by the terms restructuring and reengineering, and discuss when and why they would be used.

Consider the case of a family-run business that operates one small local retail shop and its subsequent expansion into more locations and more stores. Describe the changes that are likely to take place in that business’s organizational structure as it grows in size, geographic dispersion, and complexity. Tell why the changes are beneficial for the business.