For each graph below, tell whether or not you think the line drawn is a good representation of the data. Explain your reasoning.
Week 2 Monday, Sept. 12 Lecture: Guest Lecture from Dean Ken Freeman of the Questrom School of Business - Purpose of Business: create long-term, sustainable value for stakeholders - Strategic Planning Model - Top Management Structure: BOD, Chairman, President and CEO - BOD: Duty of Loyalty, Duty of Care, Exercise Business judgement, Hire and Fire CEO - President & CEO: Run The Company, Establish strategy, Role model for the culture of the company, sets financial and non-financial goals - The “Line” & “Staff” Management Roles - Types of Businesses: For-Profit: raw materials, commodities - Non-for-profit organizations Sept 13: Discussion: Starbucks Case Study - Employee incentive