Chapter 1 Flashcards

1
Q

• In 1992 the world bank introduced this as part of its criteria for lending to developing countries

A

good governance

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2
Q

is the name given to the entity exercising that authority.

A

Government

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3
Q

can most simply define as legitimate power to make decision on behalf of the organization.

A

Authority

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4
Q

the ability to influence the behavior of others, authority is the right to do so.

A

Power

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5
Q

rooted in history or tradition like monarchies.

A

Traditional authority

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6
Q

stems from personality-derives from individual’s extraordinary personal qualities

A

Charismatic authority

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7
Q

grounded in a set of impersonal rules. It is a form of leadership in which authority of a ruling government regime comes from system of bureaucracy, public choice and legality.

A

Legal authority

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8
Q

is to study the exercise of authority. Government is closely related to politics

A

study government

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9
Q

is the name given to the entity exercising that authority.

A

Government

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10
Q

can most simply define as legitimate power to make decision on behalf of the organization.

A

Authority

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11
Q

the ability to influence the behavior of others, authority is the right to do so.

A

power

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12
Q

is rooted in history or tradition like monarchies.

A

Traditional authority

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13
Q

stems from personality-derives from individual’s extraordinary personal qualities

A

Charismatic authority

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14
Q

is grounded in a set of impersonal rules. It is a form of leadership in which authority of a ruling government regime comes from system of bureaucracy, public choice and legality.

A

Legal authority

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15
Q

The system by which entities are directed and controlled

A

GOVERNANCE

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16
Q

to study the exercise of authority. Government is closely related to politics.

A

study government

17
Q

defines governance as the process whereby societies or organizations make their important decisions, determine who has the voice, who is engaged in the process, and how an account is rendered.

A

INSTITUTE ON GOVERNANCE( IOG)

18
Q

It assures that corruption is minimized, The views of minorities are taken into account, and that the voices of the most vulnerable in society are heard in decision-making. It is also responsive to the present and future needs of society.

A

GOOD GOVERNANCE

19
Q

CHARACTERISTICS OF GOOD GOVERNANCE

A
  1. Participation
  2. Consensus orientation
  3. Accountability
  4. Transparency
  5. Responsiveness
  6. Equity and Inclusiveness
    7.Effectiveness and efficiency
    8.Rule of Law
20
Q

All men and women should have a voice in decision-making, either directly or through legitimate intermediate institutions that represent their interests.

A

Participation

21
Q

Good governance mediates differing interests to reach a broad consensus on what is in the best interests of the group and,. Where possible, on policies and procedures

A

Consensus orientation

22
Q

Is based on the principle that every person or group is responsible for their actions, especially when their acts affect the public interest.

A

Accountability

23
Q

on the free flow of information. Processes, institutions, and information are direct and accessible to those concerned with them, and enough information is provided to understand and monitor them.

A
  1. Transparency
24
Q

Good governance requires that institutions and processes try to serve all stakeholders within a reasonable timeframe.

A

Responsiveness

25
Q

All men and women have opportunities to improve or maintain their well-being.

A

Equity and Inclusiveness

26
Q

Processes and institutions produce results that meet needs while making the best use of resources.

A

Effectiveness and efficiency

27
Q

It demands that the people and civil society render habitual obedience to the law.

A

Rule of Law

28
Q

BENEFITS OF GOOD GOVERNANCE

A

Efficient Processes
Visibility of Errors
Smoother–Running Operations
Reduced Costs
Compliance

29
Q

Due to the repeatability and consistency of task perform

A

Efficient processes

30
Q

This repeatability and consistently helps to quickly identify the non-conformities and processes

A

Visibility of errors

31
Q

When task are streamlined companies can eliminate the waste from scrap, rework, and any other costly and efficiencies

A

Reduce costs

32
Q

Regular descriptions from inconsistent processes are eliminated as operation specific becomes either confirm or non-conform

A

Smoother- running operations

33
Q

A culture that supports corporate governance allows for its product to reach the market while meeting its intended specifications and working

A

Compliance