Today the role of problem solving in business and other fields of human are within the purview of managers, directors, stakeholders and even shareholders. As members of organisations, the behaviour that is expected from managers or agents ought to conform to the ethos of the organisations, including its vision, core values, mission, goals and policies.

a) Elaborate THREE (3) directors' responsibilities of the dependent and independent.

b) Discuss any THREE (3) importance of the board composition.

QUESTION 2

One of the most significant corporate misconduct cases in 2015 is 1MDB scandal, involving sovereign wealth fund 1Malaysia Development Berhad. The Goldman Sachs-backed

Malaysian fund that turned into one of the biggest scandals in financial history.

a) Discuss any THREE (3) factors that contribute to the corporate misconduct and unethical behaviour with the relevant example.

b) Explain TWO (2) implications of misconduct behaviour to the company's' image.

QUESTION 3

The corporate form of business is generally managed by the Board of Directors and the board members are elected by shareholders. The board in turn appoints the professional managers to manage the business. Different countries have different regulations and corporate governance models differ based on these differences.

A) Elaborate Air Asia corporate governance model with the aid of diagram.

B) Explain any TWO (2) corporate governance theories in line with the company's objective.

QUESTION 4

"Andrew worked for a mayor retail company. He noticed senior colleagues were not correctly recording the stock and were taking items. He had good reason to believe they were then taking these items and selling them for personal profit. Whilst what was happening was wrong, Andrew was reluctant to say anything. The people carrying out the theft were his seniors and they were threatening and aggressive towards staff. The atmosphere at work was unpleasant but Andrew knew he and could lose his job if he said anything. And worse than that they knew where he lived. Andrew was scared they would target him outside of work and make his life difficult."

A) In your opinion, discuss the justifications of whistle-blowing.

B) Explain THREE (3) benefits of the whistleblowing to the employee and organization as a whole.