GOVBUS Online Quiz #1

Governance refers to the system of rules, practices, and processes by which a company is directed and controlled.

• TRUE

• FALSE

Corporate social responsibility (CSR) is only concerned with a company's financial performance.

• TRUE

• FALSE

Good governance and CSR are unrelated concepts and do not overlap.

• TRUE

• FALSE

CSR initiatives are only undertaken by large, multinational corporations.

• TRUE

• FALSE

Corporate governance involves the balance of the interests of all stakeholders, including shareholders, employees, customers, and the community.

• TRUE

• FALSE

CSR initiatives are only undertaken to improve a company's public image.

• TRUE

• FALSE

The board of directors plays an important role in corporate governance by overseeing the company's management and operations.

• TRUE

• FALSE

CSR initiatives always result in higher profits for the company.

• TRUE

• FALSE

Transparency and accountability are important aspects of good governance.

• TRUE

• FALSE

CSR initiatives are only relevant to companies operating in certain industries, such as the energy or manufacturing sectors.

• TRUE

• FALSE