governance

Multiple Choice

Which of the following is a key responsibility of governance within an organisation?

• Ensuring compliance with laws and regulations

• Managing day-to-day operations

• Setting employee salaries

• Designing marketing campaigns

Open Ended

Why is governance considered important in the context of business management and administration?

Multiple Choice

Which of the following best describes the definition of governance according to ISO 26000?

• A system by which an organisation makes and implements decisions in pursuit of its objectives.

• Doing the right thing for the organisation and doing things the right way independent of personal interests.

• A process for managing risks within an organisation.

• A method for controlling financial resources.

Multiple Select

Which of the following are principles of governance according to ISO 26000?

• Accountability

• Respect for human rights

• Respect for stakeholder interests

• Profit maximization

Open Ended

Explain how the principles of ISO 26000 contribute to good governance within an organisation.

Multiple Choice

Which of the following is NOT one of the four types of governance mentioned in the slides?

• Process governance

• Corporate governance

• Non-profit governance

• Financial governance

Multiple Choice

Which of the following is NOT a requirement of non-profit governance?

• Comply with all legal requirements

• Be accountable to all stakeholders

• Ensure profit maximization

• Implement policies and activities in line with objectives

Multiple Select

Which of the following are responsibilities of the board of directors in corporate governance?

• Oversight of the company

• Strategic planning

• Decision making

• Marketing strategy

Multiple Select

Which of the following are areas of responsibility for the board of directors in corporate governance?

• Financial

• Legal

• Regulatory

• Human Resources

Open Ended

Explain why internal/external auditors are important in both corporate and non-profit governance.

Open Ended

Explain the importance of fiduciary duty for trustees in non-profit organisations.

Multiple Choice

Which of the following is NOT a role of the non-profit board of trustees in governance?

• Achieve goals and keep promises to donors

• Participate in fund-raising activities

• Recruit, orient and mentor new trustees

• Make unauthorised profit from fiduciary duty

Multiple Select

Which of the following are included in the governance control framework?

• Influences how objectives are set/achieved

• Decides how risks are monitored/addressed

• Establishes levels of risk tolerance

• Encourages entrepreneurship throughout the organisation

Open Ended

Describe how governance can influence operational matters within an organisation.

Multiple Select

Which of the following are impacts of stakeholder governance?

• Formalises business processes

• Increases participation between stakeholders

• Ensures the efficient allocation of resources

• Sets boundaries for people to operate in

Open Ended

Explain how governance in the public sector can affect the population of a country.

Multiple Choice

Which of the following is NOT an impact of public sector governance?

• Ensures efficient and fair resource allocation.

• Offers a transparent judicial system.

• Promotes private ownership of resources.

• Operates democratic processes in governance.

Multiple Select

Which of the following are roles and responsibilities of governance in organisations?

• Ensuring fair resource allocation

• Discussing values and principles

• Explaining functions in different sectors

• Operating democratic processes

Open Ended

How do you think effective governance can impact the overall success of an organisation?

Multiple Select

What are some key responsibilities of governance in an organisation?

• Setting strategic direction

• Managing day-to-day operations

• Ensuring legal compliance

• Overseeing financial performance