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

question 12

Short Answer

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

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Definitions:

Vertical Hierarchy

An organizational structure where authority and responsibility flow directly from the top down through various management levels, indicating clear lines of authority.

Corporate Charter

A legal document issued by a governmental authority that establishes a corporation as a legal entity and outlines its structure, objectives, and permitted activities.

Organizational Subsystems

Components within an organization that have specific roles and responsibilities, working together to ensure the organization's goals are met.

Boundary-Spanning

Activities performed by individuals or groups that involve interactions across an organization's boundaries, facilitating exchange of information or resources.