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What Is Corporate Governance Corporate Governance is the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of the many stakeholders in a company - these include its shareholders, management, customers, suppliers, financiers, government and the community Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur. The public image of a corporation will quite accurately reflect the culture of that organization. It follows, then, that good corporate governance has to be from inside of the organization since this in turn will be reflected in the culture. So an organization whose internal functions are healthy will naturally look so from an external perspective. Principles of Corporate Governance These Principles of Corporate Governance have been adopted by the Board of Directors to assist the Board in the

1)         List and explain four (4) major types of information system in organization. (20 marks) Successful organizations no matter large or small will used available and good technologies to manage business activities and assist in decisions making. They use the information systems to collect data and process it due to the needs of the analyst, manager or business owner. Businesses operate more efficiently by using varied information systems to interact with customers and partners, curtail costs and generate revenues. a)         Transaction Processing Systems A Transaction Processing Systems (TPS) is the computer system — both hardware and software — that hosts the transaction programs. The software parts of a TPS usually are structured in a special way. TPS is to complete the data collection, storage, processing and the output as product for the core operations of a business. TPS information systems collect data from user inputs and then generate outputs based on the dat

Q1) State any rights in which the Employment Act 1955 given exclusive protection to Female employees Answer:- As stipulated in Employment Act 1955: a)                  Under Section 34(1), employers are not permitted to employ women to carry out industrial and agricultural work between 10.00pm to 5.00am without exemption from the Director General of Labour Department; and No female employee shall commence work for the day without having had a period of 11 consecutive hours from such work.                        b)                  Under Section 35, no female employee shall be employed in any underground working. c)                    Under Section 37 to 44 is about maternity protection:- ·         Every female employee shall be entitled to maternity leave  for a period of not less than 60 consecutive days ("eligible period") ·         Where she is entitled to maternity leave but is not entitled to receive maternity allowance she may, with the consent of