Challenge the pure economic profit model of capitalism


Question 1. If workers can impact strategy what other organizational levels (perhaps higher than corporate?) might impact the firm's strategy?

Question 2. Do you think there is a problem of excessive CEO pay with variable wages and compensation? why?

Question 3. How does agency theory challenge the pure economic profit model of capitalism? Can public corporations ever achieve maximization given agency arrangements?

Question 4. Describe the debate on social responsibility - what is your opinion? Use the stakeholder model to support your position.

Question 5. Compare and contrast McDonald's, Burger King, and Wendy's using competitor analysis. Describe their competitive positions and the profitability of the industry.

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