Ace the UKCAT Challenge 2026 – Level Up Your Medical Ambitions!

Question: 1 / 400

What does governance refer to?

The informal structure of an organization

The management systems of organizations or countries

Governance encompasses the management systems and processes through which organizations or countries are directed and controlled. This concept includes the frameworks, policies, and practices that determine how decisions are made, how power is exercised, and how various stakeholders (such as employees, customers, and the public) are engaged. It plays a crucial role in ensuring accountability, transparency, and responsiveness in both organizational and governmental contexts.

In terms of its scope, governance can include aspects such as strategic planning, risk management, compliance with laws and regulations, and stakeholder engagement. This holistic approach helps to ensure the long-term sustainability and ethical standing of the entity in question, whether it be a company or a government.

Get further explanation with Examzify DeepDiveBeta

The financial operations of a business

The technological advancements within an organization

Next Question

Report this question

Download UK Clinical Aptitude Test (UKCAT) Practice Test PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy