PHR - Unit 1 Business Management
Leadership and Strategy Exam Actual
Questions and Answers 2026
Corporate governance -
correct answer ✅system by which an organization is administered,
directed, and controlled
Corporate governance: Compliance -
correct answer ✅the org. should comply with all applicable
legislation which directly relates to corporate governance
Corporate governance: Integrity/ethical behavior -
correct answer ✅org. should have a code of conduct for board
members, executives, and other members that defines proper
business conduct and encourages ethical behavior
Corporate governance: rights and responsibility -
correct answer ✅org. should formally define the rights, roles, and
responsibilities of members including rights/limitations for
decision-making in various positions and roles
Corporate governance: interest of stakeholders -
correct answer ✅org. should recognize its legal, contractual, social,
and ethical obligations to ensure rights
, PHR - Unit 1 Business Management
Leadership and Strategy Exam Actual
Questions and Answers 2026
Corporate governance: oversight and control -
correct answer ✅org. should establish systems to monitor
compliance with established rules, policies, and practices
Major HR Functions -
correct answer ✅(1) staffing, (2) performance evaluations, (3)
compensation and benefits, (4) training and development, (5)
employee relations, (6) safety, health, and security and (7) HR
research.
HR Policies - 3 Major Purposes -
correct answer ✅1. to reassure employees that they will be
treated fairly/objectively, 2. help managers make rapid/consistent
decisions, 3. give managers the confidence to resolve probelms
Employee handbook -
correct answer ✅1. describe the important aspects of the
employment relationship that employees should know, 2.NOT the
same as a policies manual, 3. mainly summary information and
written in understandable language
Leadership and Strategy Exam Actual
Questions and Answers 2026
Corporate governance -
correct answer ✅system by which an organization is administered,
directed, and controlled
Corporate governance: Compliance -
correct answer ✅the org. should comply with all applicable
legislation which directly relates to corporate governance
Corporate governance: Integrity/ethical behavior -
correct answer ✅org. should have a code of conduct for board
members, executives, and other members that defines proper
business conduct and encourages ethical behavior
Corporate governance: rights and responsibility -
correct answer ✅org. should formally define the rights, roles, and
responsibilities of members including rights/limitations for
decision-making in various positions and roles
Corporate governance: interest of stakeholders -
correct answer ✅org. should recognize its legal, contractual, social,
and ethical obligations to ensure rights
, PHR - Unit 1 Business Management
Leadership and Strategy Exam Actual
Questions and Answers 2026
Corporate governance: oversight and control -
correct answer ✅org. should establish systems to monitor
compliance with established rules, policies, and practices
Major HR Functions -
correct answer ✅(1) staffing, (2) performance evaluations, (3)
compensation and benefits, (4) training and development, (5)
employee relations, (6) safety, health, and security and (7) HR
research.
HR Policies - 3 Major Purposes -
correct answer ✅1. to reassure employees that they will be
treated fairly/objectively, 2. help managers make rapid/consistent
decisions, 3. give managers the confidence to resolve probelms
Employee handbook -
correct answer ✅1. describe the important aspects of the
employment relationship that employees should know, 2.NOT the
same as a policies manual, 3. mainly summary information and
written in understandable language
