Which of the Following Best Describes What Is Meant by Corporate

question 33

Multiple Choice

Which of the following best describes what is meant by corporate governance?

• A)The organizational structure and responsibilities of the executive team and board of directors of a corporation.
• B)Regulatory bodies,such as the SEC and PCAOB,that govern the behavior of corporations.
• C)The ability of a corporation's management team to meet earnings forecasts over an extended period of time.
• D)Management's processes,policies,and ethical approach to safeguarding stakeholder interests.

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Definitions:

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price in a market.

Unregulated Market

A market where economic activities are freely carried out without governmental intervention in terms of prices, production, and distribution.

Shortage

A situation where the demand for a product or service exceeds the supply available at a specific price.

Product

Any good, service, or idea that can be offered to a market to satisfy a want or need.