The complete question is: While setting up their corporation, hiro and mea implement a system of governing their organization so that the interests of corporate owners and other stakeholders are protected. This is an example of a _____. 1.a code of ethics 2. a business plan 3.a TQM system 4.corporate governance 5.a JIT system.
If while setting up their corporation, hiro and mea implement a system of governing their organization. This is an example of a corporate governance.
A system of corporate governance can be defined as the way in which organizations or companies are managed.
Based on the given scenario hiro and mea are both makiing use of corporate governance so as to protect the interest of their shareholders.
Therefore the correct option is 4.
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