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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Help needed
Here are some questions puzzle me
Q1: Which of the following statements defines Porter’s three generic strategies?(it may has more than one choice)
(1) An organisation must follow the actions of its competitors
(2) An organisation must analyse its environment and choose an appropriate response
(3) An organisation must reflect the wishes of its owners
Q2: Which TWO of the following are objectives of good corporate governance?
(1) Proper remuneration of employees
(2) Proper consultation of employees
(3) Proper accountability and audit
(4) Proper mechanisms for shareholder relations
I wanna know the correct options, and please tell me the detailed explanations.Thank you!
Q1. I don’t think that any of these are particularly to do with the three generic strategies.
Q2. 3 and 4 are correct. These are objectives of the corporate governance code (which says nothing about employees)