1. I s it unethical for a company like Goldman to permit its managers to trade on the company’s account (i.e., invest on the company’s behalf rather than an external client’s behalf)? If not, how should compensation policies be designed to prevent conflicts of interest from arising between trades on behalf of the firm and trades on behalf of clients?
2. What is the relationship among organizational structure, control, and culture? Give some examples of when and under what conditions a mismatch among these components might arise.
3. What kind of structure best describes the way your (a) business school and (b) university operate? Why is the structure appropriate? Would another structure fit better?
4. When would a company choose a matrix structure? What are the problems associated with managing this type of structure, and in what circumstances might a product-team structure be preferable?