Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
What is essential for large organizations operating in a global market to attract foreign investors and clients?

AAggressive marketing campaigns

BStrong corporate governance

CLowering product prices

DExclusive distribution channels

Answer:

B. Strong corporate governance

Read Explanation:

  • Trust and Reliability: Foreign investors and clients need assurance that an organization is managed ethically and responsibly. Strong corporate governance, which includes transparent financial reporting and accountability, builds the trust needed to attract these international partners.

  • Adherence to Regulations: Global markets have strict rules and regulations. Good governance ensures a company complies with these standards, reducing legal and financial risks for foreign stakeholders.

  • E-governance as a Tool: E-governance provides the digital infrastructure to achieve this level of transparency and compliance efficiently, making it a critical tool for any company seeking to thrive in a global marketplace.

Related Questions:

What is the main focus of the Government-to-Employee (G2E) interaction?

What are the key objectives and benefits of the Ayushman Bharat Digital Mission (ABDM) in improving healthcare services?

  1. ABDM aims to create an integrated digital health network that bridges the gap between healthcare providers and patients.
  2. Digitizing medical records under ABDM ensures that patient history is lost, leading to slower consultations.
  3. The mission enhances accessibility by enabling digital services like online appointments and teleconsultation.
  4. ABDM focuses on creating a system where medical records are not securely shared.

    How does a government become more technologically advanced and efficient?

    1. The steps a government takes to modernize its operations contribute to e-governance.
    2. E-governance refers to the collection of measures a government implements to enhance its technological capabilities and efficiency.
    3. Technological advancement in government is solely dependent on acquiring new hardware.
      What are the challenges associated with setting up e-governance infrastructure?

      How does investor indifference contribute to the need for good governance, and what role does e-governance play?

      1. The passive involvement of shareholders can lead to directors misusing their power for personal gain, necessitating stronger governance.
      2. E-governance provides tools to improve transparency and accountability, thus mitigating the risks associated with weak shareholder associations.
      3. Weak shareholder associations are beneficial as they allow directors more flexibility.