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7
True 
8
Observable phenomena (behaviour, artefacts, rituals), values and beliefs, assumptions 
9
B Role 
culture 
10
False. It is most likely to be a task culture. 
11
D Uncertainty 
avoidance 
12
C 
Executive committee. Committees can be classified according to the 
power 
that they exercise. 
Now try ... 
Attempt the questions below from the 
Practice Question Bank 
Q28 
Q29 
Q30 
Q31 
ANSWERS TO QUICK QUIZ 
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PART B: BUSINESS ORGANISATION STRUCTURE, FUNCTIONS AND GOVERNANCE 
 
176
 
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177 
C H A P T E R 
TOPIC LIST 
SYLLABUS 
REFERENCE 
1 Principles of corporate governance 
B5 (a),(c)
2 Developments in corporate governance 
B5 (b)
3 Role of the board 
B5 (c),(d)
4 Reporting on corporate governance 
B5 (d)
5 Corporate social responsibility 
B5 (b),(c)
6 Ethics, law, governance and social responsibility 
B5 (e),(f)
Corporate governance 
and social responsibility
There have been a number of reports worldwide on 
corporate governance, but understanding the underlying 
principles of corporate governance are more important 
than getting to grips with the detailed provisions laid 
down in each report. 
Sections 1 and 2
of this chapter 
cover the main areas of corporate governance. 
Section 3 and 4
go on to discuss the role of the board 
and how it communicates with shareholders.
Corporate social responsibility is covered in