【Questions】
4 Governments in many countries are encouraging improved standards of corporate governance, focusing mainly on public
companies whose securities are listed on recognised capital markets.
Why are best practices in corporate governance of special importance to these companies?
A.All other types of business organisations are already subject to and fully implement high standards of corporate
governance
B.Public companies have institutional investors and have greater ethical responsibilities to these investors than to personal
investors
C.Public companies are subject to less stringent regulation than other types of commercial organisation
D.Public companies are subject to a greater degree of separation between those who manage the company and those who
own it
5 Terri is carrying out a performance appraisal interview with Kazim, her assistant. Kazim has described his views on the
job and the responsibilities it entails and has given opinions on how he would like to progress in the furure. Terri has
acknowledged Kazim's views and has prompted further input by asking open questions and noting the responses given.
Terri has invited Kazim to ask questions and has given short, focused responses to his concerns.
The approach to performance appraisal adopted by Terri is which of the following?
A.Joint problem solving
B.Tell and listen 360 degree appraisal
C.Tell and sell
6 Which of the following is an organisational feature of a co-operative business?
A.Staffing by volunteers as well as full time employees
B.Finance from grants or contracts
C.Distribution of surplus profits in proportion to purchases
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