Question 1

What is the role of a values statement in an organization?

Options :

A :

A values statement reflects the shared beliefs and expectations of the organization-s leadership, employees, and stakeholders and serves as a guide for establishing a positive and productive organizational culture.

B :

A values statement is a legal document that outlines the financial obligations and liabilities of the organization that contribute to its value.

C :

A values statement is a formal agreement between the organization and its suppliers to ensure the timely delivery of goods and services that are essential to building the organization’s value.

D : A values statement is a marketing tool used to attract new customers and investors to the organization.

Answer: A

Question 2

What are some considerations to keep in mind when attempting to influence an organization’s culture?

Options :

A :

Culture change requires long-term commitment, consistent modeling in both words and deeds, and reinforcement by leaders and the workforce.

B : Culture change is not necessary as long as the organization is meeting its financial targets.

C :

Culture change can be achieved quickly through the implementation of new policies and procedures if there is adequate training provided.

D :

Culture change is solely dependent on the decisions made by the executive leadership team and how they model desired behavior.

Answer: A

Question 3

What is the role of indicators in measuring progress toward objectives?

Options :

A :

Indicators are used to determine if the objectives must be changed in response to changes in the external or internal context.

B : Indicators measure quantitative or qualitative progress toward an objective.

C : Indicators are used to evaluate the appropriateness of the organization’s selection of objectives.

D : Indicators are used to calculate the return on investment for various projects and initiatives.

Answer: B

Question 4

Which Critical Discipline of the Protector Skillset includes skills to constrain activities and set direction?

Options :

A : Audit & Assurance

B : Governance & Oversight

C : Risk & Decisions

D : Compliance & Ethics

Answer: B

Question 5

What is the difference between prescriptive norms and proscriptive norms?

Options :

A : Prescriptive norms are optional guidelines, while proscriptive norms are mandatory rules.

B :

Prescriptive norms are related to financial performance, while proscriptive norms are related to ethical behavior.

C :

Prescriptive norms are established by government regulations, while proscriptive norms are established by industry standards.

D :

Prescriptive norms encourage behavior the group deems positive, while proscriptive norms discourage behavior the group deems negative.

Answer: D

Smartly Prepare Exam with Free Online GRCP Practice Test

Buying Options: