Test I. True or False. Write T if the statement is true and F if false.
1. The Financial Times narrowly defines corporate governance as the relationship of a
company to its shareholders or, more broadly, as its relationship to society.
2. One of the key characteristics of high-performing organizations and teams is that they have
a clear picture of what they are trying to create.
3. Scanning are the principles, the standards, and the actions that people in an organization
represent.
4. Research has shown that people who have an understanding or reason for what they are
doing; do so much better in time of stress.
5. The Front Liners must come to an agreement on their own sense of mission for the
organization.
Test II. Fill in the blanks. Write the answer on the space provided.
1. The statement tells the world why you and your team are making the effort to
act and to succeed.
2. , president of World Bank sees corporate governance a promoting fairness,
transparency and accountability.
3. A to the organization builds the essential spirit of loyalty necessary to overcome
barriers between “them and us”.
4. Managers focus on efficiency – Leaders focus on .
5. In May 2001, the issued Circlular 283 mandating the adoption of good
corporate governance practices by members of the boards of directors of banks and non-bank financial institutions under its jurisdiction.
Test III. Identification Identify the following:
1. They deliver the mission. They too must be given opportunity to ask crucial
questions.
2. He was the embodiment of peace and non-violence. He taught the world the
meaning of civil disobedience, which he called Satyagraha.
3. It includes the strategy, plans, procedures, and key actions that will put all of
the elements into action.
4. He is a leader in a participative management and has a clearly-defined set of
corporate values.
5. This is standards by which members of an organization collectively see as
important.
that ultimately it is the vision that counts.
7. It is picturing excellence – what the person, team or organization wants to
create in its possible future.
8. Going through the vision, mission and values process, creates a sense if
personal mastery, team empowerment and organizational vigor.
9. There is an increase sense of purpose and an overall congruence with the
organizational goals.
10. He changed the course of Polish and international history with the weapons
of courage and integrity.
11. Through her simple power of love, compassion and service, became a world
