Corporate Governance Quiz
Authored by Augusto Acosta
Professional Development
12th Grade
Used 3+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of Management in an organization?
Setting Policy
Strategy Formulation
Monitoring and Supervision
Day-to-day operations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is responsible for leading and managing the entire organization?
Chairman of the board
Stakeholders
Board of Directors
CEO
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to the Agency Theory, who cannot be trusted to act in the best interest of the company owners?
Stakeholders
Shareholders
Board of Directors
Managers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What theory suggests that board members should actively develop resources for a competitive advantage?
Stakeholder Theory
Resource Dependency Theory
Agency Theory
Stewardship Theory
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are considered the owners of the company through their stock shares?
Stakeholders
Board of Directors
Shareholders
CEO
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main function of the Board related to ensuring the company is run efficiently and effectively?
Setting Policy
Monitoring and Supervision
Accountability
Strategy Formulation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which theory encourages boards to consider stakeholders' concerns for organizational success?
Stewardship Theory
Agency Theory
Resource Dependency Theory
Stakeholder Theory
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