Effective in eliminating corporate scandals

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1. Reflect on the business climate in corporate America and if the Sarbanes-Oxley has been effective in eliminating corporate scandals. If you had the opportunity to add to that legislation, what would you add to increase transparency and accountability for corporate leaders?

2. If you were assigned to a committee performing a SWOT analysis, which section of the analysis do you think would be the toughest to investigate? Why?

3. If you went to work for a company that did not have a corporate social responsibility (CSR) policy, what benefits of CSR would you tout to get leaders to implement CSR practices? What is the first step that the company should take to begin practicing CSR?

4. If you were the CEO of an online clothing retailer, how much emphasis would you place on environmental scanning? What major threats do you think this industry could face?

5. In today's economic environment, which of the five steps in the strategic planning process do you think is the most important? Give an example of an industry where this would be the most important step. Do you think that a different industry might place more emphasis on another step in the strategic planning process? Why?

6. Think about your job or a previous job you held. Did your managers value feedback from employees? How would you change the change the feedback process to place more emphasis on employee feedback, and therefore, garner more buy-in from employees?

7. If you were an entrepreneur looking to open a new company, what do you think would be the biggest benefit to researching case studies of other companies in the same industry? Why?

8. Discuss how you could apply the concepts learned in this course to your current or future career. Name at least one strategic management model discussed this term that you would use, and explain why you selected this model. How might you incorporate information from this model to positively impact your career success?

Reference no: EM132442663

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