When does a corporation need a board of directors? Who should and should not serve on a board of directors? What about environmentalists or union leaders?

Learning Outcomes

1. Demonstrate how executive leadership is an important part of strategic management.

Required

Chapter 1. Corporate Governance Context: Constraints and Challenges

Textbook: Wheelen, T. L., Hunger, D., Hoffman, A. N., & Bamford, C. E. (2014). Concepts in strategic management and business policy (14^th ed.). Upper Saddle River, NJ: Prentice Hall. ISBN-13: 9780133126129 (print), 9780133126433 (e-text)

Recommended

Business Roundtable (2016). Principles of Corporate Governance. Harvard Law Schoool Forum on Corporate Governance. Retrieved from https://corpgov.law.harvard.edu/2016/09/08/principles-of-corporate-governance/

Colin. W (2004). Strategic Management. Palgrave MACMILLAN. Retrieved from http://dr-ama.com/wp-content/uploads/2013/10/Strategic-Management.pdf

Test your knowledge (Max 100 words for every question)

Question 1

When does a corporation need a board of directors?

Question 2

Who should and should not serve on a board of directors? What about environmentalists or union leaders?

3.4. Instructions

Answer both questions in the test your knowledge section.
Post your answer in the discussion board using the discussion link below (week 3: interactive learning activity).