these are two quastions, can you do them

C. Al Salam company was a small marketing company. It's board of directors compromised of only two directors who were also the owners of the company. These two directors made all the strategic decisions between them. They decided on which materials to use, where to market and how to be financed. The two directors never delegated any matter to others in the company and outsourced the majority of the operational functions. a. What advise do you give to those directors? b. Is there a best approach to make strategic decisions? Explain your answer by giving examples and reasons. (12 points) Answer the following independent cases A. ABC corporation is operating in the industry sector. In 2019, it faced a financial crisis. Its board of directors comprised of 20 directors, including two outside directors. One of the outside directors, was the chairman of an insurance company which was connected financially with ABC. In 2018, Mark Ben, the company chief executive officer was promoted to chairman of the board. (a) Did the structure of the board contribute to the corporation's failures? Explain and support your answer using your knowledge of the above chapters. (13 points) B. In January 2017, XYZ corporation was established to operate airline industry in Country X. The company was run by 14 members of the board of directors: six executives and seven non-executives, and a non-executive chairman. In 2018, many flights were cancelled due to overruns on maintenance work. The board of directors complained that management was not accountable to anyone. Further complaints were that members of the board had conflicting interests since they are representing various stakeholders such as labor union and the public. Moreover, it was claimed that the CEO and the director of corporate and government affairs had received P$ 250,000 every three months for unspecified services on top of their remunerations. The CEO and director of corporate and government affairs owned a consulting firm that was hired to set up XYZ corporation in 2017. After one year, both of them left the corporation. a. Identify the corporate governance issues in this case. Which corporate governance concepts and theories could be used to explain each issue? (11 points)