discussion question

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Business Finance

Description

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

  • Compare and contrast strategic controls and financial controls. Provide specific examples of how each may be used to best serve a corporation.
  • As a strategic leader, determine if you would feel ethically responsible for developing your firmbs human capital and state why. Discuss whether or not you believe your position is consistent with the majority or minority of todaybs strategic leaders.

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Explanation & Answer

hello, kindly find attached completed work.Thank You.

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Question 1
When a company comes up with a project, it often develops a strategy of how it will
implement it and how to ensure it succeeds. Strategic control comes in to ensure that those carrying
out the project follow the proposed approach meaning that it provides the direction which
implementation takes (Ireland et al.2014). Financial control, on the other hand, analyzes a
company’s finances as they flow in and out of the organization. This type of control looks at a
company’s ...


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