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1. Governance helps in managing the company in a way that achieves the maximum benefit for everyone, including:
A) Reducing waste, corruption, and conflicts of interest.
B) Increasing the rate of employee retention.
C) All of the above.
2. When forming the board of directors, it must be:
A) The majority of the members are non-executive and the number of independent members is no less than three or one-third of the total members of the board, whichever is greater.
B) The majority of the members are non-executive and the number of independent members is no less than
2 or one-third of the total members of the board, whichever is less.
C) The majority of the members are non-executive and the number of independent members is no less than
2 or one-third of the total members of the board, whichever is greater.
3. According to the study conducted by Beck, Tunny, Kiel, and Nicholson, the competence of board members can be assessed to determine their training needs in the following areas:
A) Industry, trade, management, and leadership
B) Accounting, trade, management, and finance
C) Industry and movement, and behavioral skills
4. Reducing conflicts of interest between the General Assembly, the Board of Directors, and the executive managers is:
A) One of the results of the availability of internal factors affecting corporate governance.
B) One of the results of the availability of internal and external factors affecting corporate governance.
C) One of the results of the availability of external factors affecting corporate governance.
5. The legal quorum for holding the ordinary general assembly is:
A) Second meeting: The meeting is valid regardless of the number of subscribers present.
B) Second meeting: at least half of the company's capital.
C) Second meeting: at least a quarter of the company's capital.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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