LYCEUM-NORTHWESTERN UNIVERSITY

Tapuac District, Dagupan City

COLLEGE OF BUSINESS EDUCATION

MIDTERM QUIZ
BA12 – ECONOMICS FOR GOOD GOVERNANCE with CORPORATE SOCIAL
RESPONSIBILITY

Name: _________________________________ Score:____________________

Year/Section:____________________________ Date:_____________________

I. IDENTIFICATION. On the space provided, supply the word/group of words/phrase being

described and defined. Strictly no erasures, alteration or any form of tampering.

________________ 1. This refers to the right to overturn the decisions reached by the
board of directors.

________________ 2. One of the most important institution of governance the job of which
is to help ensure that firms are run efficiently by keeping public
records are accurate, adhering standards of reporting for public
purposes.

________________ 3. Usually the singular organizational position that is principally

accountable in carrying out strategic policies and procedure as
established by the board of directors.

________________ 4. The body of elected or appointed by shareholders who jointly oversee

the activities and the overall managerial and operational aspects of
the corporation.

________________ 5. A legal contract among shareholders of a corporation involving voting

of shares. The agreement frequently covers how members of the
Board of Directors are to be selected and may covers major
corporate events such as mergers and acquisitions.

________________ 6. It is one of the functions of the CFO which covers effective

administration of cash flows and overhead expenses, establishing
credit policies for customer and working with major vendors to attain
more favorable payment terms.

________________ 7. The body of elected or appointed by shareholders who jointly oversee

the activities and overall managerial and operational aspects of the
corporation.

________________ 8. Focuses on the architecture of organization – the design of units and

subunits, rules and roles, goals and policies.

________________ 9. A well-respected American who has contributed greatly to the way in

which managers think about motivation at work.

________________ 10. It is extremely important for the investors to monitor performance

closely, particularly to give them an early warning if things are
starting to go wrong.

1
________________ 11. Refers to percentage of ownership that is way above the simple
majority which is, one half plus one share of total shares outstanding.

________________ 12. Refers to the act of the reimbursing officers and directors for
expenses incurred, liabilities accrued, and amounts paid in defending
claims brought to them for actions taken on behalf of the
corporation.

________________ 13. Technical languages that are used to describe the defensive means
or tactics that companies use to challenge a lurking merger of two or
more businesses into one.

________________ 14. These are standard shares with no special rights or restrictions. They
have the potential to give the highest financial gains, but also have
the highest risk.

________________ 15. These shares give holders the right that, if a dividend cannot be paid
one year, it will be carried forward to the succeeding years.

II. MUTIPLE CHOICE: Choose the best answer from the choices and place your answer
in the space provided before the number. Write in CAPITAL LETTERS and strictly “NO
ERASURES”.

_____ 1. In Henry Minzberg’s conception of structural possibilities, the ________ is composed

of specialist, technicians and analysts who standardize, measure, and inspect outputs
and procedures.

a. Operating core
b. Techno-structure
c. Support staff\
d. Administrative component

_____ 2. When a process is reengineered,

a. Employees begin to make choices and decisions on their own

b. Managers finally begin to act like bosses
c. Workers become more willing to follow orders
d. Jobs get narrower and more routine

_____ 3. In Mintzberg’s model, ______ resist control from top and tend to pull an organization
towards balkanization.

a. Top management
b. Supervisors
c. Front-line employees
d. Middle employees

_____ 4. As conceptualized by Mintzberg, a simple structure consists of?

a. A loose, flexible, self-renewing organic form tied together mostly through

lateral means.
b. An operating core that is large relative to its other structural parts and few
managerial layers exist between the strategic apex and operating core.
c. A strategic apex and an operating level.
d. A large support staff and a sizeable techno-structure, with many layers
between the apex and operating levels. Decisions are made at the strategic

2
 apex, and day-to-day operations are controlled by managers and
standardized procedures.

_____ 5. The chief contribution of Henry Mintzberg’s conception of structural possibilities is:

a. A detailed prescription of how to structure an organization in response to

different missions and external challenges to envision organizations as webs
of inclusion.
b. Clustering various functions into groupings and showing their relative size
and clout in response to different missions and external challenges.
c. To envision organizations as organic, circular architectural forms
d. None of the above.

III. Enumerate and Discuss

A. List down and explain what are the two (2) distinct human needs according to
Frederick Herzberg? (2.5 points each)
1. _________________________________________________________________
_________________________________________________________________
_________________________________________________________________

2. _________________________________________________________________
_________________________________________________________________
_________________________________________________________________

B. What are the four (4) frames which are all rooted in both managerial wisdom and
social science knowledge? Explain each item. (2.5 points each)
1. _________________________________________________________________
_________________________________________________________________

2. _________________________________________________________________
_________________________________________________________________

3. _________________________________________________________________
_________________________________________________________________

4. _________________________________________________________________
_________________________________________________________________

C. Enumerate the responsibilities of Chief Executive Officer (CEO)

1.

2.

3.

4.

5.

6.