Case Scenario: Read Livent, Inc.: An Instructional Case by Michael C. Knapp and Carol A. Knapp.
Identify weaknesses in internal and external control mechanisms.
Write a one-page (600 words minimum) letter to the Livent board of directors from the point of view of a consultant, recommending ways that internal and external control mechanisms could be improved. The answers to eight questions should be included in the article.Note: when offering recommendations, be specific and support your recommendations with best practices.