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Corporate Governance Quiz

Authored by Juliet Melo

Social Studies

University

Used 1+ times

Corporate Governance Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a corporation?

A business entity owned by shareholders

A government organization

A non-profit organization

A partnership

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main characteristic of a corporation?

Unlimited liability for shareholders

Limited liability for shareholders

Personal liability for shareholders

No liability for shareholders

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who elects the board of directors in a corporation?

Shareholders

Employees

Customers

Government

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the CEO in a corporation?

Hiring and managing the executives

Reporting to the chair and the board

Making major corporate decisions

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of executives in a corporation?

Assisting the CEO in decision-making

Managing the overall operations and resources

Hiring and managing the employees

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the head of the board of directors in a corporation?

CEO

Chairman

Shareholders

Executives

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of governance?

The act of governing

The process of decision-making

The interaction between formal institutions and civil society

The exercise of power and authority

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