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Strategic Business Leader (SBL) Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the role of the Chairman in a company?

a)

Running the day-to-day operations of the company

b)

Implementing decisions of the Board

c)

Ensuring smooth functioning of the Board

d)

Managing resources effectively and efficiently

2.

Which of the following is a characteristic of Big Data according to the 3Vs model?

a)

Limited volume of data

b)

Limited variety of data

c)

Limited velocity of data processing

d)

Having really large amount of data

3.

What is the main role of Non-Executive Directors (NEDs) in a company?

a)

Implementing risk management process

b)

Scrutinizing and challenging the performance of Executive Directors

c)

Running the day-to-day operations of the company

d)

Deciding the remuneration policy

4.

What is the purpose of the Risk Committee in a company?

a)

Liaising with external auditors

b)

Implementing risk management process

c)

Deciding the remuneration policy

d)

Reviewing financial statements & internal controls

5.

Why is insider trading not allowed in companies?

a)

To attract, retain and motivate competent directors

b)

To ensure smooth functioning of the Board

c)

To increase shareholder confidence

d)

To prevent buying or selling of company shares based on non-public information

6.

What is the main role of the CEO in a company?

a)

Running the day-to-day operations of the company

b)

Ensuring smooth functioning of the Board

c)

Implementing decisions of the Board

d)

Managing resources effectively and efficiently

7.

What is the main role of the Nomination Committee in a company?

a)

Ensuring sufficient knowledge, skills and experience of directors

b)

Deciding the remuneration policy

c)

Reviewing financial statements & internal controls

d)

Implementing risk management process

8.

What is the main role of the Audit Committee in a company?

a)

Implementing risk management process

b)

Deciding the remuneration policy

c)

Reviewing financial statements & internal controls

d)

Ensuring sufficient knowledge, skills and experience of directors

9.

What is the main role of the Remuneration Committee in a company?

a)

Implementing risk management process

b)

Reviewing financial statements & internal controls

c)

Deciding the remuneration policy

d)

Ensuring sufficient knowledge, skills and experience of directors

10.

What is the main role of the Project Sponsor in a company?

a)

Monitoring progress and ensuring project is on track

b)

Arrange resources required for the project

c)

Provide senior leadership and guidance to project manager

d)

Detailed project planning and execution