The system that directs and controls business organizations is termed _____.
A)business ethics
B)organizational culture
C)retail optimization
D)corporate governance

Question

Quizplus · Accepted Answer

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It establishes the framework by which an organization's objectives are set, and the means of attaining those objectives and monitoring performance. A strong corporate governance system is essential for effective management of a company and for protecting the interests of stakeholders.

The System That Directs and Controls Business Organizations Is Termed