Governance

Question 1

Every organization is directed and controlled by a ______________, i.e. a person or group of people who are accountable at the highest level for performance and compliance of the organization

Answer 1

governing body

Question 2

all sizes and types of organizations perform __________; the governing body may be a board of directors or executive managers who take on a separate governance role when they are performing _____________.

Answer 2

governance activities

Question 3

the _____________ is accountable for the organization’s compliance with policies and external regulations

Answer 3

governing body

Question 4

organization governance includes ________, ____________, _________.

Answer 4

evaluate
direct
monitor

Question 5

___________ is the evaluation of the organization, its strategy, portfolios and relationships with other parties in relation to governance

Answer 5

evaluate

Question 6

The governing body assigns responsibility for and directs the preparation and implementation of organizational strategy and policies. (element of governance)

Answer 6

direct

Question 7

________ is where the governing body monitors the performance of the organization and its practices, products and services in relation to governance

Answer 7

monitor