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GOOD GOVERNANCE AND CSR - QUIZ 2

Total questions: 20

Worksheet time: 16mins

Name
Class
Date
1.

Companies are not that expected to provide a detailed breakdown of executive compensation and the criteria used to determine it.

a)

TRUE

b)

FALSE

2.

As income inequality continues to be a topic of public concern, there is increasing pressure on companies to be more transparent about executive pay and to ensure that it’s fair and aligned with company performance.

a)

TRUE

b)

FALSE

3.

Companies are now expected to be completely transparent about their operations, from executive compensation to environmental practices.

a)

TRUE

b)

FALSE

4.

The days of questionable corporate governance practices such as insider trading and off-the-books accounting are quickly becoming a thing of the future.

a)

TRUE

b)

FALSE

5.

Companies are now expected to consider how their decisions will affect their bottom line, environmental footprint, and the communities they operate in.

a)

TRUE

b)

FALSE

6.

As companies continue to become increasingly aware of their impact on the environment and society, corporate governance is placing an ever-decreasing emphasis on sustainability and social responsibility.

a)

TRUE

b)

FALSE

7.

As more and more companies become unaware of their impact on the world around them, corporate governance is beginning to take on a whole new importance.

a)

TRUE

b)

FALSE

8.

Whether you are a business leader or an investor, it’s not that crucial to stay informed about the latest trends in corporate governance.

a)

TRUE

b)

FALSE

9.

Social Responsibility has four types: developmental, legal, philanthropic, and ethical.

a)

TRUE

b)

FALSE

10.

Corporate social responsibility or CSR occurs when companies and business organizations engage in social responsibility.

a)

TRUE

b)

FALSE

11.

Corporate social responsibility or CSR occurs when companies and business organizations engage in social responsibility.

a)

TRUE

b)

FALSE

12.

Social Responsibility generally includes principles and practices that entities worldwide follow to maintain a balance between (a)   generation and to create a better society.

13.

 Social responsibility (a)   defines the basic idea of giving back to society and contributing to its betterment.

14.

 Social responsibility reflects the individuals’ and organizations’ responsibility to act in the best interest of their society and engage in activities contributing to social (a)   .

15.

An (a)   can work towards its growth but parallelly should work to uplift the whole society by carefully evaluating the impact of its actions on society and the environment.

16.

Good governance is essential in the (a)   sector, as it ensures access to education for all regardless of gender, social status or income.

17.

The true test of 'good' governance is the degree to which it delivers on the promise of (a)   rights: civil, cultural, economic, political and social rights.

18.

Good Governance relates to the (a)   and institutional processes and outcomes that are necessary to achieve the goals of development.

19.

Governance ensures everyone in an organization follows appropriate and transparent decision-making processes and that the interests of all (a)   (shareholders, managers, employees, suppliers, customers, among others) are protected.

20.

According to the __________ ____________, Good Governance is measured by the eight factors of Participation, Rule of Law, Transparency, Responsiveness, Consensus Oriented, Equity and Inclusiveness, Effectiveness and Efficiency, and Accountability.

(a)