How might a company configure its strategy making processes

How might a company configure its strategy making processes

1. How might a company configure its strategymaking processes to reduce the probability that managers will pursue their own self-interest at the expense of stockholders?

2. In a public corporation, should the CEO of the company also be allowed to be the chairman of the board (as allowed for by the current law)? What problems might this give rise to?

3. Under what conditions is it ethically defensible to outsource production to producers in the developing world who have much lower labor costs when such actions involve laying off long-term employees in the firm’s home country?

4. I s it ethical for a firm faced with a shortage of labor to employ illegal immigrants to meet its needs?

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