Homework
For this homework, read the case study, The 1920 Farrow's Bank failure: a case of managerial hubris.
Hollow, M. (2014). The 1920 farrow's bank failure: A case of managerial hubris? Journal of Management History, 20(2), 164-178.
Thomas Farrow had been evaluated as having been inflicted by managerial hubris at the time of the bank's collapse in 1920. With this in mind, address the following questions, with thorough explanations and well-supported rationale.
i. How did corporate culture, leadership, power and motivation affect Thomas' level of managerial hubris?
ii. Relate managerial hubris to ethical decision making and the overall impact on the business environment.
iii. Explain the pressures associated with ethical decision making at Farrows Bank.
iv. Evaluate whether the level of managerial hubris would have been decreased if Farrow Bank had a truly ethical business culture. Could this have affected the final outcome of Farrow Bank? Explain your position.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.