An organisation has an Ethics Committee which meets quarterly to review the compliance of the organisation in relation to ethical matters.

What type of committee is this?

Committees play important roles in organisations.

Which of the following functions best describe the purpose of a committee?

1. 1. Give advice

2. 2. Enter into negotiations for new contracts

3. 3. Plan and co-ordinate

4. 4. Review progress of the external audit

Committees are usually given a formal name or title, depending on the role it plays in the organisation.

Which of the following are functions of an Executive Committee?

1. 1. Enforce disciplinary measures

2. 2. Monitor progress in a major project

3. 3. Discuss the current performance of the organisation

4. 4. Power and authority to make decisions that affect management of the organisation

The use of committees has both advantages and disadvantages.

Which of the following are disadvantages of a committee?

1. 1. Setting up committees can intentionally delay decisions

2. 2. Blurring responsibility for an effective but unpopular decision

3. 3. Failure to reach decisions

4. 4. Costly and time consuming

Edgar Schein suggested that there are three different levels of culture which management need to understand.

Which of the following is one of the levels of culture identified by Edgar Schein?

Charles Handy has suggested that business organisations can be divided into four types, which differ according to their structure, the management methods used and the process for getting work done.

Which of Handy’s four management styles would best describe the following situations?

1. 1. A large public sector organisation characterised by formal job descriptions and documented procedures

2. 2. A consultancy business that aims to solve problems for other organisations

Geert Hofstede suggested that organisational cultures differ because of differences in national culture. He claimed that national cultures can affect the organisation along different dimensions.

Which TWO of the following are dimensions identified by Hofstede?

1. 1. Power distance

2. 2. Maturity/emerging

3. 3. Uncertainty avoidance

4. 4. Task culture

The culture of an organisation will be influenced by a number of factors.

Which of the following factors are likely to have an impact on the culture of the organisation?

1. 1. The number of employees working for the organisation

2. 2. The age of the employees working for the organisation

3. 3. The directors of the organisation

4. 4. The location of the organisation

Edgar Schein suggested that there are three different levels of culture which management need to understand.

Which of the following of Schein’s levels of culture is extremely difficult to identify and as such very difficult to change?

Corporate governance is important for companies.

Which of the following statements does NOT describe why good corporate governance is important?

Which of the following is considered best practice under Corporate Governance?

Which of the following is often a factor of corporate scandals?

The statements below relate to the current activities of the audit committee of an organisation.

Do these activities represent appropriate action by the audit committee?

1. 1. The audit committee have recently instructed the internal audit team to review the internal controls of the accounts payable department.

2. 2. The audit committee acts as a barrier between the external auditors and the board of directors.

Compliance with rules or standards is sometimes a matter of public concern. When the government believes that the public interest is affected, it may establish a __________.

Select the correct words to complete this sentence from the list below.

Which of the following best describes corporate social responsibility?

The concept of sustainability is an important consideration for organisations.

Which of the following can be considered to be part of the sustainability of an organisation?

1. 1. Economic growth

2. 2. Preserving the natural environment

A clothing retailer, which sells clothing under its own brand, has issued a corporate social responsibility policy stating that it will not manufacture its products in areas of poverty overseas where manual workers are employed at very low wages for long hours and under poor conditions.

By making this commitment, the retailer has demonstrated its responsibility to which of the following?

An agricultural company that adopts a fair trade policy is showing concern mostly for:

Which of the following descriptions is the best definition of sustainable business?