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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

Timmy has just taken over as the managing director of a well-known manufacturing company.

He really wants to do a good job an ensure that the company maintains its positive reputation.

Baring in mind the five key principles of corporate governance, which of the following should Timmy do to ensure he does a good job?

Select ALL that apply.

Options:

A.

Ensure that the company's board are all experienced and knowledgable about the company and the manufacturing industry.

B.

Ensure that she duly holds AGMs so that any relevant issues can be discussed.

C.

Ensure the company discloses both financial and non-financial information during its annual report.

D.

Ensure the company discloses financial information only during its annual report.

E.

Ensure that an AGM is held during each financial quarter so that any issues that have risen during the last three months are brought to attention.

F.

Ensure that the company's board is as small as possible - a big board makes the decision-making process far too complicated.

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Question 2

In which of the following situations has a contract of employment arisen?

Options:

A.

A verbal offer of work is made to S for the possibility of duties at a specified pay rate but the employer makes it explicit that, as the need for the services is not yet certain S is free to work elsewhere

B.

A written offer of work is made to R which specifies the services required but omits the pay rate for the job. This is not accepted by R either in writing or verbally and R does not turn up for work

C.

A verbal offer of work is made to P at a given pay rate per hour for specified services The offer is not accepted by P either verbally or in writing but P turns up for work and performs the duties identified in the offer.

D.

A verbal offer of work is made to Q at a given pay rate for specified services. The offer is not accepted by Q either verbally or in writing and Q does not turn up for work

Question 3

Which of the following is incorrect in relation to Shari'ah law?

Options:

A.

Islamic law provides for matters spiritual and physical

B.

Eating pork is prohibited

C.

Criticism of the prophet Mohammad is accepted

D.

Apostasy is similar to the law of treason in the UK