Business Ethics and Governance 1. Which of the following is not a driver of responsible competitiveness?
Policy drivers Development drivers Business action Social enablers View answer Correct answer: (B)
2. Which of the following statements regarding institutional shareholders is correct?
These shareholders have extensive power to monitor the activities of the company. Institutional shareholders prefer to exert their power privately rather than publicly. These shareholders often aim to improve outcomes rather than sell their shareholding. Institutional shareholders are known to publicly use their voting power to encourage sound corporate governance. View answer Correct answer: (B)
3. A (n) _____________ is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
Crisis ethical issue indictment fraud View answer Correct answer: (B)
4. A board that is elected in a classified system is known as a:
Diversified board. Staggered board. Rotating board. Declassified board. View answer Correct answer: (A)
5. A high-commitment approach to environmental issues may include all of the following except:
risk analysis stakeholder analysis green-washing strategic sustainability auditing View answer Correct answer: (C)