Corporate Governance

1. What is corporate governance about?

• a) Managing a company's daily sales

• b) How a company is directed and controlled

• c) Advertising products

• d) Hiring employees

2. Who is responsible for making key decisions in corporate governance?

• a) The janitors

• b) The Board of Directors

• c) The customers

• d) The suppliers

3. Which of these is important for good corporate governance?

• a) Keeping financial records secret

• b) Following ethical practices

• c) Avoiding board meetings

• d) Ignoring stakeholders

4. What is one benefit of corporate governance?

• a) Increases trust in the company

• b) Makes a company less competitive

• c) Reduces customer satisfaction

• d) Lowers product quality

5. Which of the following is NOT part of corporate governance?

• a) Transparency

• b) Accountability

• c) Ignoring company rules

• d) Ethical decision-making