DUE ON SEPTEMBER 18, 2020

MABALACAT CITY COLLEGE

INSTITUTE OF BUSINESS EDUCATION
FIRST SEMESTER, A.Y. 2020-2021
WORKSHEET 1: CORPORATE GOVERNANCE

GUIDELINES:

 Form a group consisting of 3 to 5 members.

 One submission will count for the entire group. Please refrain from submitting multiple
activities.
 Any work submitted past the deadline will receive a deduction of 1 point, and so on, an
additional point will be deducted per day, until the activity is submitted.
 Please try to reach me beforehand if you have any connection issues or any problems related
to submitting the activity. Considerations for students who will not be able to submit the
activity on time will be given accordingly.
 Send your outputs to Lisingrebecca2020@gmail.com
 The file name should follow the format presented below.

“WORKSHEET # – Surname #1, Surname #2,, Surname #3, Surname #4”

NAMES: __________________________________________ DATE: _____________________

__________________________________________
__________________________________________
__________________________________________
COURSE & SECTION: _____________________________

GENERAL INSTRUCTIONS. Supply the answers being asked in the blank or space provided.
1. Explain whether the following statement is true or false.
“Responsiveness usually results to effectiveness and efficiency.”

2. State the purpose of corporate governance and explain its basic objectives.

3. “Small business enterprises do not need good governance.” Do you agree? Explain your answer.

4. Describe the broad role of the Board of Directors.

 DUE ON SEPTEMBER 18, 2020

5. What are the specific activities of the Board of Directors?

6. What is the purpose of an independent internal audit function in a publicly-listed corporation?

7. Define corporate governance and explain why it is used to monitor and control top-level managers’
decisions.