Business Finance
Discussion question for a business capstone class

Question Description

I have add the pages to this post, please see attachments

Before starting this activity, review the Week 8 LEARN (e-Activity) (there are several) and read Chapter 10 in the course text book. Doing this will give you the "why" to include in your response to the following:

Review the CIBC Mellon: Managing a Cross-Border Joint Venture Case Study found on page 219 in your textbook and respond to the following:

1. Compare and contrast strategic controls and financial controls.

Provide specific examples of how each may be used to best serve a corporation.

2. As a strategic leader, determine if you would feel ethically responsible for developing your firms human capital and state why. Discuss whether or not you believe your position is consistent with the majority or minority of today's strategic leaders.

Discussion question for a business capstone class
Discussion question for a business capstone class
Discussion question for a business capstone class
Discussion question for a business capstone class
Discussion question for a business capstone class

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Final Answer



Controls are very essential for the accomplishment of an organization’s/ business mission
or vision. Controlling means setting particular standards, measuring the actual performance of
the firm and taking necessary action. From the CIBC Mellon case study, a precise definition of
both strategic and financial controls can be established. Strategic control involves adapting to
external changes that require immediate and corrective action to enable the long-term growth and
success of an organization. For an organization to determine the effectiveness of the chosen
strategy, it needs to re...

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Purdue University

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