Corporate Governance Is a Set of Processes and Policies in Managing

question 57

True/False

Corporate governance is a set of processes and policies in managing an organization with sound ethics to safeguard the interests of its stakeholders.

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Definitions:

Delegation

The act of assigning responsibility and authority to someone else while maintaining overall accountability for the outcome.

Empowers Employees

Refers to giving employees the authority, confidence, and resources to make decisions and contribute to the organization’s success.

Physical Condition

The state of someone's or something's body or physical structure, often implying a level of health or fitness.

Stressful Situations

Scenarios that cause stress or anxiety, often requiring careful handling or adaptation.