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Government And Ethics(Buss 426) Question Paper

Government And Ethics(Buss 426) 

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013



TIME: 2 HOURS

Instructions: Answer question one and two others.
Question One
What do you understand by the following terminologies:
Theory of governance
Agency theory and corporate governance.
(5mks)
What are the important characteristics of the development of an appropriate moral stance?
(10mks)
Discuss the operational and corporate governance role of internal stakeholders.
(10mks)

Question Two
A remuneration committee is very crucial because it provides a means of establishing a balance between salary and performance in order to restore shareholder confidence. With examples, elaborate the responsibilities of the remuneration committee.
(10mks)
There are different approaches to communication and management of corporate governance. What factors governs the decision as to which approach to use to govern a country.
(10mks)

Question Three
Relativism and absolutism both refer to the ethical belief systems in society. What is the difference between the two in regard to ethical issues of an organization?
(15mks)
What is the deontological and oteleological approaches to ethics.
(5mks)

Question Four
What are the roles and responsibilities of Board of Directors?
(10mks)
The board of directors play a major role in enhancing the organization. What potential problems do they encounter?
(10mks)




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