Write down the competitive forces which shape the organization's strategy? Porter's six competitive are potential entrants, rivalry among existing firms, bargaining power of buyers, bargaining power of suppliers, threat of substitute products/services, relative power of other stakeholders, for Macy*s
Determine the relationship between corporate governance and social responsibility? Write down an example of each. How can the manager ethically make corporate donation to charitable cause, when in reality he is contributing "other" people's money? Give an example.
Distinguish "Agency Theory" problems which happen between principles (owners) and their agents (top management) relative to increasing value of shares of firm versus increasing value of salaries - with "Stewardship Theory" -no problems (relative to Agency Theory0 as executives tend to be more motivated to act in interests of firm rather than their own self-interest.