Strategic Business Leader (SBL) Quiz

What is the role of the Chairman in a company?

• Running the day-to-day operations of the company

• Implementing decisions of the Board

• Ensuring smooth functioning of the Board

• Managing resources effectively and efficiently

Which of the following is a characteristic of Big Data according to the 3Vs model?

• Limited volume of data

• Limited variety of data

• Limited velocity of data processing

• Having really large amount of data

What is the main role of Non-Executive Directors (NEDs) in a company?

• Implementing risk management process

• Scrutinizing and challenging the performance of Executive Directors

• Running the day-to-day operations of the company

• Deciding the remuneration policy

What is the purpose of the Risk Committee in a company?

• Liaising with external auditors

• Implementing risk management process

• Deciding the remuneration policy

• Reviewing financial statements & internal controls

Why is insider trading not allowed in companies?

• To attract, retain and motivate competent directors

• To ensure smooth functioning of the Board

• To increase shareholder confidence

• To prevent buying or selling of company shares based on non-public information

What is the main role of the CEO in a company?

• Running the day-to-day operations of the company

• Ensuring smooth functioning of the Board

• Implementing decisions of the Board

• Managing resources effectively and efficiently

What is the main role of the Nomination Committee in a company?

• Ensuring sufficient knowledge, skills and experience of directors

• Deciding the remuneration policy

• Reviewing financial statements & internal controls

• Implementing risk management process

What is the main role of the Audit Committee in a company?

• Implementing risk management process

• Deciding the remuneration policy

• Reviewing financial statements & internal controls

• Ensuring sufficient knowledge, skills and experience of directors

What is the main role of the Remuneration Committee in a company?

• Implementing risk management process

• Reviewing financial statements & internal controls

• Deciding the remuneration policy

• Ensuring sufficient knowledge, skills and experience of directors

What is the main role of the Project Sponsor in a company?

• Monitoring progress and ensuring project is on track

• Arrange resources required for the project

• Provide senior leadership and guidance to project manager

• Detailed project planning and execution