Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SECTION A: Question 1 Discuss 5 implications of the ways and manners in which Board Members are appointed for State-Owned Enterprises in Ghana. 20marks Question

SECTION A:

Question 1

Discuss 5 implications of the ways and manners in which Board Members are appointed for State-Owned Enterprises in Ghana. 20marks

Question 2

Discuss a typical Board style and Culture 20marks

Total Marks: 40marks

SECTION B:

The F Company consists of automobile engine, marine engine and aerospace engine businesses. It has built its global reputation for engine design and quality on its engineering capability. Though the marine engine business has not been performing well for some time, the F Company has dominated the supply of engines for the luxury end of the automobile market for years. Unfortunately for the F Company, however, the market in luxury automobiles is changing. Exchange rate movements and increased production costs have made the F Company less competitive and its rivals are rapidly catching up in terms of engine quality and design. As a result, the latest annual report shows turnover down, margins reduced and the company barely breaking even.

You have just attended a strategy meeting at the F Company in which:

  • Manager A argued that the automobile engine business strategy was wrong
  • Manager B claimed that the major problem had been the failure to properly implement functional strategies
  • Manager C said the more attention should be paid to the threats and opportunities of the external environment so that the F Company could position itself more realistically.
  • Manager D claimed that the company should really be seeking to develop further its core engineering competence if it were going to regain its competitiveness in the market place.

After the meeting, a junior manager who had been in attendance asks you to explain what his senior colleagues had been talking about.

Required:

(a) Explain the differences between corporate level strategy, business level strategy and functional level strategy in the F Company (6 Marks)

(b) Identify the theoretical perspective on strategy formation adopted by Manager C and

Manager D (10 Marks)

(c) Explain the concept of core competences and their relevance to the F Company

(4 Marks) Total Marks: 20marks

SECTION C:

Gommes, a Junior System Administrator with the Management Information Systems Department of Bejay Limited, clocked in 4 minutes and 27 seconds late for work this morning. While he wont get fired for it, being late this once means that he will not receive the perfect attendance incentive which he needs to make ends meet, given his daughters recent series of hospitalizations.

Its not that Gommes didnt make an effort to be there on time. He actually arrived in the office five minutes early but was unable to clock in immediately because his direct superior, Amanda, asked him for an informal project progress report as soon as he walked in the door. As a Junior System Administrator, Gommes has access and the capability to edit the companys attendance records. He figures that since he was unable to punch in only because of his boss, it wouldnt hurt to edit the timestamp on his attendance for today.

  1. What are the main ethical issue(s) in this scenario? (2 Marks)
  2. Set out the possible courses of action open to you. (4 Marks)
  3. Assess these alternatives using ethical theories familiar to you. (10 Marks)
  4. What will you do, and why? (4 Marks)

Total Marks: 20marks

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions