ALDERSGATE COLLEGE

Solano, Nueva Vizcaya, Philippines, 3709

Telefax No: (078) 326-5085 E-mail: aldersgate.edu.ph@gmaill.com
Website: www.aldersgate-college.com

SCHOOL OF BUSINESS, MANAGEMENT AND ACCOUNTANCY

Corporate Governance, Business Ethics, Risk Management and Internal Control

FINAL EXAM:

I. Identification
On the space provided, supply the word/group of words/phrase being described and/defined:

1.___________ The primary inside stakeholder of a corporation.

2___________ A corporation that is registered and operates in more than one country at a time.
3___________ series of rules and regulation designed to express the needs of the people. Laws
4.___________ one of the contemporary social issues which talks about pollution, global warming,
fossil fuel, depletion of natural resources and the likes.
5.____________ it is something that drives what we do when no one is looking.
6._____________ Demonstrate respect for human dignity, privacy, and the right to self- determination
of all people; be courteous, prompt, and decent;
7. _____________ refers to a progression by which the world is unified into a single society and
function.
8. _____________ an organized group that seeks to influence not only government policy but also
private enterprises’ operating policy.
9_____________ a set of moral principles or values that govern the actions and decisions of an
individual or group.
10______________ refers to standards of moral conduct, behavior and judgment in business.
11______________ One type is the practice of placing the product in containers of exaggerated sizes
and misleading shapes to give a false impression of its actual contents.
12. ______________ unethical practice of debasing a pure or genuine commodity by imitating or
counterfeiting it.
13. ______________ the mechanism of the weighing scale is tampered with or something is
unobtrusively attached to it so that the scale registers more than the actual weight.
14_______________ "let the buyer beware".
15______________ Taking office supplies home for personal use.
B. Enumeration
Direction: Enumerate what is ask in the question. Write your answer in your test booklet

16- 17. Primary reasons why people act unethically.

18-20. what good governance promotes.
21- 22. Unethical Practices of Employees

C. Essay
Direction: Answer the following briefly.

1. What is Risk Management?

2. What is Governance?
3. What is the importance of Business ethics?
4. How much corruption do you think there is in our country? Do you think there is more or less than
in other country? Which forms of corruption, if any have you seen? If corruption is a problem in a
country how could it be reduced?

5. You work in a high-volume clinic that does allergy testing. One day, the electronic medical record
system has an internet outage and as a result your patients wait time increases. One patient comes back
to the room after waiting 2.5 hours. He is frustrated and lashes out at your staff for the inappropriate
wait time. What is your best initial response?

Prepared by:

Seth B. Navis LPT, MBA, MPA

Instructor

Noted by:

ROMEO M. BICAD RCE, MBA, PhD.

Dean