The system by which organisations are directed and controlled, thinking about business ethics and stakeholder responsibility, and where Directors may be held to account, is called:
Suggested Answer: D
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Corporate Governance. Not to be confused with CSR.
Corporate identity relates to marketing and branding; corporate manslaughter is the concept of an organisation being criminally accountable for the deaths of humans through some lack of care. An example might be the deaths of rail company employees on the railway track, where the prosecution would attempt to show that it was the employers' fault.
18 comments · newest first
CA
Caitlin
2 months ago
Makes sense. I’ll go with D too.
VE
Verlene
3 months ago
Right! That's why D is the best choice.
HU
Huey
3 months ago
Plus, it involves ethics and stakeholder interests.
CA
Caitlin
3 months ago
Good point. Governance covers that aspect.
VE
Verlene
3 months ago
Exactly! Directors need to be held accountable.
HU
Huey
3 months ago
True, but governance is more about accountability.
CA
Caitlin
4 months ago
But what about B) Corporate Social Responsibility? It’s important too!
VE
Verlene
4 months ago
I agree, Alex. It's all about how companies are managed.
HU
Huey
4 months ago
I think it's D) Corporate Governance. It fits the description well.
CA
Carmen
4 months ago
Really? I always thought it was something else entirely!
PA
Pansy
4 months ago
I thought it was B) Corporate Social Responsibility.
JA
Jarvis
4 months ago
Wait, isn't it more about social responsibility?
CA
Carmen
6 months ago
Totally agree, that's the right term!
PA
Pauline
6 months ago
It's definitely D) Corporate Governance.
MA
Margurite
7 months ago
I’m not confident, but I think Corporate Manslaughter is about legal issues, not governance. I guess I’ll go with D) Corporate Governance as well.
DE
Deangelo
7 months ago
I feel like Corporate Identity could be a trick option here, but it doesn’t really fit the question. I’m leaning towards D) Corporate Governance too.
RH
Rhea
7 months ago
I remember discussing Corporate Social Responsibility, but that seems more about ethics than governance. I think it’s D) Corporate Governance.
TA
Tamra
7 months ago
I think the answer might be D) Corporate Governance, but I'm not entirely sure. We covered it in class, but I get confused with the terms sometimes.