Chapter 2: Corporate Governance

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Other
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University
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Medium
Ke Yin Tan
Used 3+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Society increasingly expects corporate boards to balance the economic goal of profitability with the social needs of society.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transformational leaders transform their organizations from market leaders in one industry to market leadership in another.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of succession planning in a company?
To increase short-term profits
To ensure there are qualified individuals ready to take over leadership roles
To reduce employee training costs
To promote external hiring only
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a key focus of sustainability for companies like Genting Group?
Maximizing short-term gains
Following environmental protection standards and supporting community development
Expanding operations without regard to environmental impact
Reducing employee benefits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Transparency in corporate governance means keeping important information secret from stakeholders.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is diverse board composition important for corporate governance?
It ensures all board members think the same way.
It allows for a variety of opinions and perspectives to solve challenges.
It limits the number of people who can make decisions.
It reduces the accountability of board members.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Evaluating the board regularly helps track progress and identify areas for improvement.
True
False
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