Strategic monitoring and decision-making

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Are you agree with this discussion? In corporations, the board of directors is primarily in charge of strategic monitoring and decision-making (Investopedia, 2022). The 1985 exit of Steve Jobs from Apple serves as a reminder of how board dynamics, particularly those involving CEO John Sculley, can influence organizational leadership through disagreements over style and vision (Isaacson, 2011). This occasion emphasizes the board's important role in corporate governance, which affects the direction of the business and the stability of the leadership. In a comparable manner, an organization's code of ethics establishes the fundamental values that guide moral behavior and are necessary to maintain integrity, comply with the law, and build stakeholder confidence (Duska, 2020; Johnson, 2021). These rules reduce moral ambiguities, uplift staff morale, and improve company reputation-all of which are essential for long-term, profitable business operations.

Reference no: EM133775705

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