Q. The system that is used by firms to control and direct their operations and the operations of their employees is called:
✅ Correct Answer: (B)
Corporate Governance.
Corporate Governance MCQs and Notes
Q. Corporate governance can be defined as:
✅ Correct Answer: (A)
the system used by firms to control the actions of their employees.
Q. Triple Bottom Line reporting refers to:
✅ Correct Answer: (C)
measuring the social, environmental, and financial performance of the firm.
Q. The position is that a corporation can and should be evaluated not only in terms of its financial bottom line, but also in terms of its environmental bottom line and its social/ethical bottom line.
✅ Correct Answer: (B)
Double Bottom line
Q. In large corporations, the is/are the legal overseers of management.
✅ Correct Answer: (C)
board members
Q. The that corporations must meet is “do no harm”.
✅ Correct Answer: (B)
moral minimum
Q. A of an issue consists of weighing and balancing all of the competing demands on a firm by each of those who have a claim on it.
✅ Correct Answer: (A)
stakeholder analysi
Q. Owners of stock in a corporation are only liable for .
✅ Correct Answer: (D)
none of the above.
Q. In the United States, small or medium sized businesses provide over percent of total employment.
✅ Correct Answer: (C)
50
Q. The generally accepted definition of a medium business is one with or fewer employees.
✅ Correct Answer: (D)
250