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?

Week 3: Interactive Activity

Content Introduction

­­­­­­­­­­­­Learning Outcomes

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

Reading

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).