Business Studies, asked by amomkar1308, 19 days ago

1) Corporate Governance is a________ approach.

a) top-down
b) bottom-up
c) hybrid
d) scientific​

Answers

Answered by shouryaleo7
1

Answer:

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Answered by MotiSani
0

The correct answer is OPTION A: Top-down.

  • Corporate governance is the process of directing and governing businesses.
  • The board of directors is in charge of the company's governance.
  • The shareholders' governance responsibilities include appointing directors and auditors and ensuring that a robust governance framework is in place.
  • The top-down approach focuses on higher-ranking authorities setting higher goals that will trickle down to lower-level employees' duties.
  • Bottom-up communication, on the other hand, entails a decision-making process that involves all employees in the company's objectives.
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