follow exact the steps and format Introduce your report. In one sentence each, define the following: agency relationship, managerial opportunism, and corporate governance problem (also known as agency problem). In three to five sentences, explain why the separation between ownership and management in large companies has the potential to result in corporate governance problem.In one sentence each, define the following governance mechanisms: board of directors, ownership concentration, executive compensation, and market for corporate control.In one sentence, define vertical structure. In one sentence each, give the characteristics of a flat structure. In one sentence, give the characteristics of a tall structure. In one sentence, list the problems of a tall structure. In three to five sentences, explain of those problems.In one sentence, define horizontal structure. In one sentence each, define the following types of horizontal structures: simple structure, functional structure, geographic divisional structure, multidivisional structure (M-form), and matrix structure.In one sentence each, define the following: centralization, formalization, and integrationIn one sentence, define strategic leaders. In one sentence, give the title of the top strategic leader. In one sentence, identify (give the names of) the five roles that top managers need to assume if they are to effectively exercise their strategic leadership. In three to five sentences, explain of these roles. In four to six sentences, discuss whether or not the CEO was serving his/her own interests instead of the interests of the owners (REMINDER: if the CEO is serving his/her own interests instead of owners’ interests, the company is having a corporate governance problem).In one sentence, identify governance mechanism your company uses in an attempt to minimize the corporate governance problem. In four to six sentences, explain your answer.In one sentence, identify the type of your company’s vertical structure. In four to six sentences, explain your answer.In one sentence, identify the type of your company’s horizontal structure. In four to six sentences, explain your answer.In four to six sentences, discuss whether your company’s CEO was effective in exercising his/her strategic leadership role.In one sentence, state the problem your company is facing (for example: The problem General Motors is facing is slow decision-making). In one sentence, identify factor that has caused the problem (for example: The factor that is causing slow decision-making is the very tall structure that General Motors has). NOTE: The factor that is causing the problem must have been discussed in your analysis (Section 3 above).In one sentence, propose solution your company should use to correct the problem. In four to six sentences, explain how your proposed solution will help to resolve the problem. Conclude your report.
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