Which of the Following Describes the 'Forming Function' of Corporate

question 2

Short Answer

Which of the following describes the 'forming function' of corporate governance?
A.To ensure corporate conformance to the stated mission and strategy
B.To shape, articulate and communicate the fundamental principles that will drive the organization's activities
C.To judge the strategy initiatives brought forward by top management and/or, actively, to participate in strategy development
D.To monitor whether the organization is undertaking the activities as promised, and whether the performance is satisfactory.

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Definitions:

Scientific Method

A systematic and logical approach to discovering how things in the universe work, involving observation, hypothesis formation, experimentation, and conclusion.

Data Interpretation

Involves analyzing data to extract meaningful information, which can inform conclusions, decisions, or predictions.

Theoretical Framework

A set of interrelated concepts, definitions, and propositions designed to structure and inform the understanding of a research study or system.

Reliability

The consistency of a test, measurement, or system to perform and produce the same results in multiple trials over time.