DQ

Draft a response to each of the bulleted questions below. Each question must have its own response and have a minimum of 75 words.

1. Discuss the relationship between types of organizations and their primary means of behavioral control.

2. Why is it important to avoid a "one best way" mentality concerning control systems? What are the consequences of applying the same type of control system to all types of environments?

3. What is the role of effective corporate governance in improving a firm's performance? What are some of the key governance mechanisms that are used to ensure that managerial and shareholder interests are aligned?

4. Strong cultures can have powerful effects on employee behavior. How does this create inadvertent control mechanisms? That is, are strong cultures an ethical way to control behavior?

5. Rules and regulations can help reduce unethical behavior in organizations. To be effective, however, what other systems, mechanisms, and processes are necessary?

6. What are some best practices when it comes to keeping control of cash in a new starter business? Name at least 5 concepts using internet sources?

7. Define principal-principal (PP) conflicts. What are the implications for corporate governance?