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Discussion Post: The Board Of Directors
Top executives and members of a corporation's board of directors have different roles and responsibilities. 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.
Respond to the following:
Question I. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness?
Question II. What evidence would you offer to support their position?
Describe the three different kinds of business analytics. Provide on example of each.
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What is the incremental revenue because of bundling?
Discuss the situation from a strictly legal viewpoint, a moral and ethical viewpoint, and a point of view of what is best for the company.
Distinguish among waste management, waste reduction, and integrated waste management.
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