Module Review Questions 2

  Respond to the following: 

1. Discuss the differences between the “agency theory” and the  “stewardship theory.”  Explain which of these theories applies to your  strategic audit firm and why?
   
    
2. Explain the strategic roles Board of Directors have in conjunction  with senior management and the running of an organization. Which Degree  of Involvement in Strategic Management describes the Board of Directors  for your strategic audit firm, and why?
   
    
3. Discuss in detail the ramifications the Sarbanes-Oxley Act has had on business in the United States.
   
    
4. Define the three basic approaches to ethical behavior. Discuss your views on each of these ethical behaviors.
   
    
5. Describe Friedman’s view on the responsibilities of business.  Do you agree or disagree with Friedman’s views and why?
   
    
6. Explain Carroll’s two responsibilities that pertain to social  responsibilities.  Do you believe these responsibilities are growing in  support from corporations, or not, and why?

Each assignment will use the following APA format:

• Short paper 1-2 pages
• 1" margins
• Double-spaced
• 12 pt. Times New Roman font
• Include name on the front page