Please respond to each discussion question with 4-or-5 paragraphs
Discussion 4 (module 7)
NOTE: Your initial response to the Discussion Forum must be posted in order to view other threads in the forum.
Diversification strategies involve a firm stepping beyond its existing industries and entering a new value chain. Generally, related diversification (entering a new industry that has important similarities with a firm’s existing industries) is wiser than unrelated diversification (entering a new industry that lacks such similarities).
Identify a firm that has recently engaged in diversification. Search the firm’s website to identify executives’ rationale for diversifying.
Do you find the reasoning to be convincing? Why or why not?
Discussion 5 (module 8)
NOTE: Your initial response to the Discussion Forum must be posted in order to view other threads in the forum.
Organizations that emphasize social responsibility and adhere to a set or corporate ethics will likely gain competitive advantages in the market place and avoid costly litigation and loss of reputation. Due to high levels of corporate fraud in the 1990s with companies such as Enron and Global Crossing, Congress passed the Sarbanes Oxley Act of 2002 that set new increased standards for the boards of public U.S. companies and accounting firms.
Read the different sections and provisions of the Sarbanes Oxley Act at the following link. http://www.soxlaw.com/
Discuss your overall thoughts on the Sarbanes Oxley Act and the provision that you feel is the most effective and why.
Additionally do you believe that executives will become more ethical based on the legislation? Why or why not?
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