BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
systems
|
|
|
scalability
|
|
|
sustainability
|
|
|
growth
|
Detailed explanation-1: -A company which applies the core principles of good corporate governance; fairness, accountability, responsibility and transparency, will usually outperform other companies and will be able to attract investors, whose support can help to finance further growth. This blog will briefly outline the role of each principle.
Detailed explanation-2: -What are guiding principles? Guiding principles are moral values that set a standard for behavior and attitude within a workplace. Companies establish guiding principles to shape the culture of their work environment and ensure that their employees understand what moral behavior they expect.
Detailed explanation-3: -The Five Principles are: quality, responsibility, mutuality, efficiency and freedom.