mèo 2

In order to have good governance in an organization, this major characteristic must be present

• Connections

• Wealth

• Accountability

• Good Looks

Corporate Governance involved

• Shareholders only

• All stakeholders

• Shareholders, employees & Suppliers only

• None of the above

Why do we need a strong Corporate Governance?

• Achieving company's goal

• Promoting corporate accountability

• Transparency

• All the above

The chairperson of the board of directors and CEO should be leaders with:

• Vision and problem solving skills

• The ability to motivate

• Business acumen

• All of the above

The type of business ownership in which all business decisions are the sole responsibility of the owner.

• Sole proprietorship

• Partnership

• Corporation

• Franchise

These business owners may have trouble raising capital.

• Sole proprietorship

• Partnership

• Corporation

• Franchise

Advantages of this business type are that the owner is their own boss and gets to keep all the profits.

• Partnership

• Sole Proprietorship

• Corporation

• Franchise

What is a major advantage of a business that is a partnership rather than a sole proprietorship?

• The responsibility for the business is shared

• The business is easy to set up

• The partners are not responsible for business debts

• The business is easy to sell

What is a business owned and operated by two or more people?

• Sole Proprietorship

• Partnership

• Corporation

What is ONE advantage of a sole proprietorship?