Assignment for Aleina Kim

Chapter 1

-Explain the concept of “stakeholder management.” Why shouldn’t managers be solely interested in stockholder management, that is, maximizing the returns for owners of the firm—its shareholders?

- What is “corporate governance”? What are its three key elements and how can it be improved?

-A company focuses solely on short-term profits to provide the greatest return to the owners of the business (i.e., the shareholders in a publicly held firm). What ethical issues could this raise?

- Why do firms need to have a greater strategic management perspective and empowerment in the strategic management process throughout the organization?

Chapter 4

-Why is it important for managers to recognize the interdependence in the attraction, development, and retention of talented professionals?

- Discuss the need for managers to use social capital in leveraging their human capital both within and across their firm.

-Discuss the key role of technology in leveraging knowledge and human capital.

-What is the importance of Intellectual Property Rights?