What corporate governance mechanisms failed at Stafford General Hospital?
Answer to relevant QuestionsWere there possibilities of agency problems within Stafford? Why or why not? Could managerial opportunism be an issue? What does it mean to say that strategy and structure have a reciprocal relationship? Recognizing GM’s current state, how do you see the new GM strategy and structure relationship? How do you see it evolving? Why are strategic controls and financial controls important aspects of the strategic management process? What is an entrepreneur, and what is an entrepreneurial mind-set?
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