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BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

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Fundamentals of Ethics, Corporate Governance and Business Law Questions and Answers

Question 1

Which of the following describes the aim of corporate governance initiatives?

Options:

A.

To remove shareholder responsibility for the conduct of the company.

B.

To reduce the burden of regulation on all companies to increase shareholder wealth

C.

To enable shareholders to reduce their involvement in the governance of the company

D.

To ensure that shareholders may have confidence that the company is well run

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Question 2

You work for a company that is constructing a major football stadium. The day that the stadium is finished, large cracks appear in the supporting walls. It turns out that your company's purchasing director bought cement from a new and inexperienced company. You find out that the cement supplier was no cheaper than the other suppliers who had bid for the contract but that the son of your purchasing director happens to run the cement company. Is this an ethical issue and why?

Options:

A.

Yes - the cement supplier clearly knew that it was providing faulty materials

B.

Yes - your purchasing director has had a conflict of interest in this matter

C.

No - there is no evidence to show that the company knew that the cement was faulty

D.

No - the cement supplier was clearly chosen on the basis of value for money rather than personal connections

Question 3

Why does life-long learning require commitment? Choose TWO options.

Options:

A.

Rapid advances in technology

B.

Evolving regulations

C.

Career progression

D.

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