Strategic management

（1）True or False: The corporation is fundamentally governed by the board of directors overseeing top management.

b. False

(2）In your own words, summarize the differences between Agency Theory and Stewardship Theory.

(3）During an environment scanning, which category does Economic Forces fall under :

a. Natural environment

b. Social environment

(4）Various techniques are used to forecast future situations. A study of nearly 500 of the world’s largest corporations revealed which method to be the most widely practiced form of forecasting?

b. Brainstorming

c. Statistical modeling

d. Prediction markets