In a short essay, discuss corporate governance.

What will be an ideal response?


Corporate governance can be defined as the system that is used by firms to control and
direct their operations and the operations of their representatives, the employees. It is through the corporate governance structure that firms can ensure that the needs of all their stakeholders are satisfied. The corporate governance system gives a method in which ethical vision can be measured and is validated. It is this system that governs the behavior of the managers within the firm. The corporate governance system also ensures that the behaviors of the employees within the firm are fair, just, and transparent.

Business

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Which of the following is an example of a force for change originating outside the organization?

A. productivity issues B. conflict management C. structural reorganization D. social and political pressures E. absenteeism

Business

Hindustan Lever recently developed a hard candy flavored with natural fruit juice that it sells profitably in India for the equivalent of 1 cent per piece. This is Hindustan Lever's first-ever candy product. What strategy is evident here?

A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) dual adaptation E) product invention

Business

Examine other accounts of the successes of scenario analysis. [Note: In addition to the references cited already, see: Burt et al. (2006); chapter 14 of McGee, Thomas and Wilson (2005); Mercer (1998); Schoemaker (1995); Walsh (2005).]Are you persuaded or has hindsight been invoked in support of the claims made for this technique?

What will be an ideal response?

Business

Meaningfulness of work captures the degree to which employees feel that they are key drivers of the quality of the unit's work.

Answer the following statement true (T) or false (F)

Business