The Set of Guideline It Is Compulsory for All Australian

question 17

Multiple Choice

The set of guideline it is compulsory for all Australian companies to follow when reporting on sustainability is the:

• A) Balanced Scorecard
• B) Global Reporting Initiative (GRI)
• C) ASX Corporate Governance Principles and Recommendations
• D) There is not a set of guidelines that it is compulsory to follow

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Definitions:

Strategic Decision Making

The process of making choices by identifying priorities, alternatives, and potential impacts, often under conditions of uncertainty, to achieve strategic goals.

Top Managers

Senior executives who are responsible for the overall direction and success of the entire organization.

Normative Decision Model

A framework that suggests leaders determine the appropriate amount of employee participation based on specific situational variables.

Participative Leadership

A leadership style that involves all members of a team in identifying essential goals and developing procedures or strategies to reach those goals.