What are the responsibilities of top management and leaders in relation to corporate governance strategic planning?

What are the responsibilities of top management and leaders in relation to corporate governance strategic planning?
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Which of the following describes the main purpose of corporate governance? a) Establish short-term strategic objectives for a company. b) Ensure collective strategic decisions for a company. c) Facilitate effective, entrepreneurial and prudent management of a company. d) Establish and monitor the operating parameters for a company

Description : Which of the following describes the main purpose of corporate governance? a) Establish short-term strategic objectives for a company. b) Ensure collective strategic decisions for a company. c) ... and prudent management of a company. d) Establish and monitor the operating parameters for a company

Last Answer : c) Facilitate effective, entrepreneurial and prudent management of a company.

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Description : Corporate governance is concerned with: A. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures B. Elections to the board of directors C. Relationships with national governments D. Corporate-level strategy

Last Answer : Relationships with national governments

When defining Strategic Management, the most important issue to remember is that it is: A. Not as easy as one thinks B. A way of determining responsibilities C. A living evolving process D. More conceptual than practical

Description : When defining Strategic Management, the most important issue to remember is that it is: A. Not as easy as one thinks B. A way of determining responsibilities C. A living evolving process D. More conceptual than practical

Last Answer : A living evolving process

Nuhitzu believes it has the technological expertise to produce communication systems that will be the leaders around the globe. Boston Electronics is widely regarded as having excellent management systems and superior marketing programme The two might form __________ to work together on a worldwide basis. A)a licensing agreement B)an export trading company C)a joint agreement D)a strategic alliance E)a multinational enterprise

Description : Nuhitzu believes it has the technological expertise to produce communication systems that will be the leaders around the globe. Boston Electronics is widely regarded as having excellent management ... trading company C)a joint agreement D)a strategic alliance E)a multinational enterprise

Last Answer : D)a strategic alliance

Arrange the steps involved in Energy Management strategy A- Set up energy monitoring and reporting system B- Appoint energy management C- Conduct energy audit D- Identify the strategic corporate approach a) D – B – A - C b) A - B – C – D c) D – A – B – C d) C – A – B – C

Description : Arrange the steps involved in Energy Management strategy A- Set up energy monitoring and reporting system B- Appoint energy management C- Conduct energy audit D- Identify the strategic corporate approach a) D – B – A - C b) A - B – C – D c) D – A – B – C d) C – A – B – C

Last Answer : D – B – A - C

Assembling project team and assigning their responsibilities are done during which phase of a project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Description : Assembling project team and assigning their responsibilities are done during which phase of a  project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Last Answer : A) Initiation

The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Description : The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Last Answer : All of the above.

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the way in which ethics is taught to students. C. Create more ethics standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personalIntegrity to society. B. Change the ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Last Answer : Create more ethics standards by which corporate professionals must operate.

Under the _____________, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and A. shareholder value. B. Shareholder theory. C. Agency theory. D. Stakeholder theory. E. Corporate governance theory

Description : Under the _____________, both internal and external corporate governance mechanisms are intended to induce managerial actions that maximize profit and A. shareholder value. B. Shareholder theory. C. Agency theory. D. Stakeholder theory. E. Corporate governance theory

Last Answer : A. shareholder value.

The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above

Description : The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above

Last Answer : D. All of the above

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal B. Integrity to society. C. Change the way in which ethics is taught to students. D. Create more ethics standards by which corporate professionals must operate. E. Increase the workload for accounting students

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal B. Integrity to society. C. Change ... standards by which corporate professionals must operate. E. Increase the workload for accounting students

Last Answer : C. Change the way in which ethics is taught to students.

__________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance. A. Financial audit B. Social audit C. Ethical audit D. Corporate governance

Description : __________ is a way of measuring, understanding, reporting and ultimately improving an organization’s social and ethical performance. A. Financial audit B. Social audit C. Ethical audit D. Corporate governance

Last Answer : B. Social audit

Corporate Governance originated from_________ A. The Companies Act B. SEBI Act, 1992 C. MCA D. Clause 49 of SEBI act, 2000

Description : Corporate Governance originated from_________ A. The Companies Act B. SEBI Act, 1992 C. MCA D. Clause 49 of SEBI act, 2000

Last Answer : A. The Companies Act

Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. b and c

Description : Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. b and c

Last Answer : D. b and c

The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Description : The corporate governance structure of a company reflects the individual companies’: A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Last Answer : D. All of the abov

The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal Integrity to society. B. Change the way in which ethics is taught to students. C. Create more ethics standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Description : The goal of corporate governance and business ethics education is to: A. Teach students their professional accountability and to uphold their personal Integrity to society. B. Change ... standards by which corporate professionals must operate. D. Increase the workload for accounting students.

Last Answer : C. Create more ethics standards by which corporate professionals must operate.

Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. B and C

Description : Which of these are safeguards for upholding high ethical standards? A. Having written orders to do something B. Companies’ internal codes, policies and education C. Corporate governance regulations D. B and C

Last Answer : D. B and C

Who among the heading the SEBI’s Committee on Corporate governance?

Description : Who among the heading the SEBI’s Committee on Corporate governance?

Last Answer : Narayan Murthy

The terms Strategic Management and Strategic Planning are synonymous with each other

Description : The terms Strategic Management and Strategic Planning are synonymous with each other

Last Answer : True

The first phase of the Strategic Management process is forecast based planning

Description : The first phase of the Strategic Management process is forecast based planning

Last Answer : False

Strategic management can be defined as: a) a process of setting written long-term profit plans for the organization. b) a process of measuring performance of the organization. c) a process of operational planning. d) a process of setting long-term direction for the organization

Description : Strategic management can be defined as: a) a process of setting written long-term profit plans for the organization. b) a process of measuring performance of the organization. c) a process of operational planning. d) a process of setting long-term direction for the organization

Last Answer : a process of setting long-term direction for the organization

Strategy developed by visionary CEO is ____________ mode of strategic management a. Visionary b. planning c. CEO d. entrepreneurship

Description : Strategy developed by visionary CEO is ____________ mode of strategic management a. Visionary b. planning c. CEO d. entrepreneurship

Last Answer : entrepreneurship

The Strategic Management process is the way in which Strategists determine Objectives & -- A. Make document recording B. Make Coordinating C. Make Strategic Decisions D. Make Planning

Description : The Strategic Management process is the way in which Strategists determine Objectives & -- A. Make document recording B. Make Coordinating C. Make Strategic Decisions D. Make Planning

Last Answer : Make Strategic Decisions

Strategy is developed by the visionary Chief Executive in------- mode of Str.Management : A. Planning mode B. Adaptive mode C. Strategic mode D. Entrepreneurial mode

Description : Strategy is developed by the visionary Chief Executive in------- mode of Str.Management : A. Planning mode B. Adaptive mode C. Strategic mode D. Entrepreneurial mode

Last Answer : Entrepreneurial mode

Strategy is developed by the visionary Chief Executive in------- mode of Str.Management : A. Planning mode B. Adaptive mode C. Strategic mode D. Entrepreneurial mode

Description : Strategy is developed by the visionary Chief Executive in------- mode of Str.Management : A. Planning mode B. Adaptive mode C. Strategic mode D. Entrepreneurial mode

Last Answer : Entrepreneurial mode

BT is involved in a process of assessing marketing opportunities and resources, determining marketing objectives, and developing a plan for implementation and control, then BT is involved in A)strategic analysis. B)marketing planning. C)marketing management. D)marketing. E)market organisation

Description : BT is involved in a process of assessing marketing opportunities and resources, determining marketing objectives, and developing a plan for implementation and control, then BT is involved in A)strategic analysis. B)marketing planning. C)marketing management. D)marketing. E)market organisation

Last Answer : B)marketing planning.

)Another name of strategic planning is: 1. Short term 2. Operational 3. Tactical 4. Top down

Description : )Another name of strategic planning is: 1. Short term  2. Operational  3. Tactical  4. Top down

Last Answer : 4. Top down

Subsidiaires located in countries which are less crucial for success while holding low level of resources and capabilities are...? A. Dogs B. Implementers C. White Knights D. Strategic Leaders

Description : Subsidiaires located in countries which are less crucial for success while holding low level of resources and capabilities are...? A. Dogs B. Implementers C. White Knights D. Strategic Leaders

Last Answer : Implementers

Subsidiaires located in countries which are crucial for success while holding valuable resources and capabilities are...?A. Bright Stars B. Sunshine C. Strategic Leaders D. White Knights

Description : Subsidiaires located in countries which are crucial for success while holding valuable resources and capabilities are...? A. Bright Stars B. Sunshine C. Strategic Leaders D. White Knights

Last Answer : Strategic Leaders

How can you describe the thinking and outlook of transformational leaders? A. Strategic B. Operational C. Functional D. Developmental

Description : How can you describe the thinking and outlook of transformational leaders? A. Strategic B. Operational C. Functional D. Developmental

Last Answer : D. Developmental

An optimal business partner in a successful international strategic alliance should have two key qualitiesa) Corporate culture fit and national culture fitb) Partner-related criteria and task-related criteriac) Cultural fit and trustd) Strategic fit and cultural fit:

Description : An optimal business partner in a successful international strategic alliance should have two key qualities: a) Corporate culture fit and national culture fit b) Partner-related criteria and task-related criteria c) Cultural fit and trust d) Strategic fit and cultural fit

Last Answer : Strategic fit and cultural fit

Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic leveld. Functional

Description : Stability Strategy is a _______________ strategy a. Business level b. Corporate level c. strategic level d. Functional

Last Answer : Corporate level

Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Description : Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Last Answer : Corporate level

Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Description : Stability Strategy is a ------------- Strategy : A. Corporate level B. Business level C. Functional level D. Strategic level

Last Answer : Corporate level

2) To achieve its marketing objectives, Johnson & Johnson has formulated a set of marketing strategies. This set of strategies is J & J's A)corporate strategy. B)marketing programme. C)overall strategy. D)marketing tactic. E)strategic plan.

Description : 2) To achieve its marketing objectives, Johnson & Johnson has formulated a set of marketing strategies. This set of strategies is J & J's A)corporate strategy. B)marketing programme. C)overall strategy. D)marketing tactic. E)strategic plan.

Last Answer : B)marketing programme.

Kraft purchased Duracell battery division and operates this division as a separate profit centre within the firm. In this example, Duracell is a __________________ of Kraft. A)strategic business unit B)marketing unit C)dependent unit D)corporate unit

Description : Kraft purchased Duracell battery division and operates this division as a separate profit centre within the firm. In this example, Duracell is a __________________ of Kraft. A)strategic business unit B)marketing unit C)dependent unit D)corporate unit

Last Answer : A)strategic business unit

Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages

Description : Corporate strategy planners are concerned with many different issues as they attempt to match the organisation's __________ with the opportunities and risks in the environment. A)strengths B)mission statement C)strategic business units D)resources E)competitive advantages

Last Answer : D)resources

When the right combination of circumstances occurs at the right time to allow an organisation to take action toward a target market, the firm has identified a A)market objective. B)market requirement. C)strategic market plan. D)market opportunity. E)corporate objective.

Description : When the right combination of circumstances occurs at the right time to allow an organisation to take action toward a target market, the firm has identified a A)market objective. B)market requirement. C)strategic market plan. D)market opportunity. E)corporate objective.

Last Answer : D)market opportunity.

The Strategic Management process should be addressed only by top-level Executives. Mid-level and Low-level Employees are best equipped to implement Co’s Strategies

Description : The Strategic Management process should be addressed only by top-level Executives. Mid-level and Low-level Employees are best equipped to implement Co’s Strategies

Last Answer : False

.Strategic management execution is mainly responsibility of a. Top Management b. Middle Management C. Lower Management D. All of the above

Description : Strategic management execution is mainly responsibility of a. Top Management b. Middle Management C. Lower Management D. All of the above

Last Answer : Top Management

………………………….. level supply information to strategic tier for the use of top management. A) Operational B) Environmental C) Competitive D) Tactical

Description : ………………………….. level supply information to strategic tier for the use of top management. A) Operational B) Environmental C) Competitive D) Tactical

Last Answer : D) Tactical

10) First National Bank launches an innovative in-home banking system tied to personal computers. The product is not widely accepted because bank customers don't see the need for such a service. This situation represents a failure in which A)Establishment of a customer information system B)Organisation structure C)Top management commitment D)Technological advance E)Scanning corporate capabilities

Description : 10) First National Bank launches an innovative in-home banking system tied to personal computers. The product is not widely accepted because bank customers don't see the need ... B)Organisation structure C)Top management commitment D)Technological advance E)Scanning corporate capabilities

Last Answer : A)Establishment of a customer information system

In which of the following stages are project objectives established, teams formed, and major responsibilities assigned? A. Conceptualizing B. Defining (Ans.) C. Planning D. Executing

Description : In which of the following stages are project objectives established, teams formed, and  major responsibilities assigned?  A. Conceptualizing  B. Defining (Ans.) C. Planning  D. Executing

Last Answer : B. Defining (Ans.)

Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine whether related parties were created. b. Performing analytical procedures to identify areas that may represent specific risks. c. Obtaining a written representation letter from the client to emphasize management's responsibilities. d. Reading the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Description : Which of the following procedures would an auditor be most likely to perform in planning a financial statement audit? a. Reviewing investment transactions of the audit period to determine ... the minutes of stockholder and director meetings to discover whether any unusual transactions have occurred.

Last Answer : Performing analytical procedures to identify areas that may represent specific risks.

Choose one of the following which would describe best the phrase "generally accepted auditing standards": a. They identify the policies and procedures for the conduct of the audit. b. They define the nature and extent of the auditor's responsibilities. c. They provide guidance to the auditor with respect to planning the audit and writing the audit report. d. They set forth a measure a measure of the quality of the performance of audit procedures.

Description : Choose one of the following which would describe best the phrase "generally accepted auditing standards": a. They identify the policies and procedures for the conduct of the audit. b. They define the ... d. They set forth a measure a measure of the quality of the performance of audit procedures.

Last Answer : They set forth a measure a measure of the quality of the performance of audit procedures.

The responsibilities of the operations manager include (a) planning, organizing, staffing, procuring, and reviewing (b) forecasting, designing, planning, organizing, and controlling (c) planning, organizing, staffing, leading, and controlling ; (d) designing and operating

Description : The responsibilities of the operations manager include (a) planning, organizing, staffing, procuring, and reviewing (b) forecasting, designing, planning, organizing, and controlling (c) planning, organizing, staffing, leading, and controlling ; (d) designing and operating

Last Answer : (c) planning, organizing, staffing, leading, and controlling ; 

Inquiries directed towards those charged with governance may most likely a. Relate to their activities concerning the design, and effectiveness of the entity's internal control and whether management has satisfactorily responded to any findings from these activities. b. Help the auditor understand the environment in which the financial statements are prepared. c. Relate to changes in the entity's marketing strategies, sales trends, or contractual arrangements with its customers. d. Help the auditor in evaluating the appropriateness of the selection and application of certain accounting policies

Description : Inquiries directed towards those charged with governance may most likely a. Relate to their activities concerning the design, and effectiveness of the entity's internal control and ... the auditor in evaluating the appropriateness of the selection and application of certain accounting policies

Last Answer : Help the auditor understand the environment in which the financial statements are prepared.

Which of the following statements is correct? a. Sufficiency refers to the quality of evidence, while appropriateness refers to the quantity of evidence. b. The reliability of evidence is influenced not by its nature but by its source. c. The performance of consulting services for audit clients does not, in and of itself, impair the auditor’s independence. d. A belief that management and those charged with governance are honest and have integrity relieves the auditor of the need to maintain professional scepticism.

Description : Which of the following statements is correct? a. Sufficiency refers to the quality of evidence, while appropriateness refers to the quantity of evidence. b. The reliability of evidence is ... are honest and have integrity relieves the auditor of the need to maintain professional scepticism.

Last Answer : The performance of consulting services for audit clients does not, in and of itself, impair the auditor’s independence