This document covers topics such as stockholder and stakeholder, agency problem, internal controls, organizational design, and global strategic management. It explains the difference between stockholder and stakeholder, the process of responding to stakeholders' concerns, governance mechanisms to guard against the agency problem, internal controls and strategies for ensuring ethical behavior, and how organizational design contributes to competitive advantage. It also describes how a strong organizational culture leads to transparency, ethics, and competitive advantage, how corporations develop strategic plans for single or multidivisional structures, and how companies implement strategies at a global level.
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