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1. What is a strategic decision and what are its three characteristics?
1. What is a strategic decision and what are its three characteristics? Find an example of a corporation that has initiated a new strategy because of one of the three characteristics. Summarize why the change is strategic.
2. The requirements of a board of directors vary significantly by country and by state; however, there is a developing consensus as to what the major responsibilities should be. Describe the four major responsibilities. Give an example of how a board of directors failed to uphold a major responsibility. Discuss the situation and the impact on the corporation.
3. What are the responsibilities of top management? Find an example of how a corporation's top management impacted the company in a positive or negative way. Why did top management make the decision they made. What was the impact?
4. How may a corporation's engagement in social responsibility impact the corporation? Using the corporation you have picked, describe at least two activities of the corporation that fall into the category of social responsibility. If you are unable to locate socially responsibility initiatives for the corporation you selected, you may use another corporation.
5. What is stakeholder analysis? List the three-step process.
6. Discuss some reasons for unethical behavior by business people. Find an example of unethical behavior in a corporation and discuss why the behavior was unethical and what damage was done.
7. What are external forces? What external forces have had an impact on the corporation or non-profit you chose for your capstone project? If you have not picked your corporation, identify and use another business to answer this question.
