Units 9–17 | Business Vocab in Use: Int_hard

In corporate governance, a non-executive director’s primary function is to:

• Monitor executive performance and contribute independent oversight

• Supervise operational staff

• Control financial statements

• Manage day-to-day logistics

Which title reflects a C-level position responsible for technology strategy and digital infrastructure?

• COO

• CTO

• CFO

• VP of Sales

A line manager is best described as someone who:

• Sets board policy

• Handles branding strategies

• Oversees the performance of direct reports in a department

• Facilitates public relations

The term “executive compensation” typically includes:

• Minimum wage and sick pay

• Salaries only

• Base pay, bonuses, stock options, and benefits

• Profit-sharing for junior employees

A “board of directors” ensures:

• Operational logistics

• Corporate strategy alignment and fiduciary oversight

• Media campaign development

• Office infrastructure

What is an entrepreneur typically known for in the context of business development?

• Inheriting and managing a family business

• Buying shares in existing corporations

• Establishing and taking the risk of launching a new enterprise

• Monitoring financial regulations in the public sector

A “captain of industry” typically refers to:

• A regulator in public administration

• A pioneering business leader who drives economic growth

• A civil servant managing trade policy

• A mid-level consultant

A “business mogul” is characterized by:

• Reliance on government subsidies

• Control over significant proprietary business assets

• Work in a single SME

• Focus on social enterprise

What differentiates a founder from a CEO?

• The founder always manages the company

• The CEO is a legal term; the founder is ceremonial

• The founder establishes the company, while the CEO may be appointed later

• They are interchangeable titles

“Entrepreneurial mindset” refers to:

• Compliance with policies

• Risk aversion

• Innovative and opportunity-seeking behavior

• Preference for fixed salaries