A) Ignoring legal risks to focus on other business areas. B) Maximizing legal risks for potential benefits. C) Blaming legal risks on external factors. D) Identifying and mitigating potential legal risks faced by an organization.
A) Improves efficiency, data management, and decision-making processes. B) Is irrelevant in legal management. C) Increases paperwork and slows down operations. D) Complicates legal processes without benefits.
A) To allocate resources efficiently for legal operations. B) To randomly distribute funds without planning. C) To cut costs at the expense of legal compliance. D) To overspend on legal matters without justification.
A) To disregard stakeholders' opinions and needs. B) To exclude stakeholders from legal discussions. C) To prioritize profits over stakeholder well-being. D) To consider and address the interests and concerns of all stakeholders.
A) To hinder transparency in legal matters. B) To assess compliance, efficiency, and effectiveness of legal operations. C) To approve all legal actions without review. D) To avoid scrutiny of legal practices.
A) Is not relevant in legal management. B) Provides valuable insights and information for making informed legal decisions. C) Increases expenses unnecessarily. D) Wastes time without yielding any benefits.
A) To identify and evaluate potential legal risks in advance for effective mitigation. B) To downplay the importance of risk evaluation. C) To ignore risks and hope for the best outcomes. D) To encourage legal conflicts.
A) By avoiding involvement in governance issues. B) By undermining corporate values and objectives. C) By promoting unethical behavior for short-term gains. D) By ensuring legal compliance, ethics, and transparency in organizational practices.
A) By inflating performance metrics to deceive stakeholders. B) By evaluating the effectiveness and efficiency of legal operations. C) By neglecting performance altogether. D) By avoiding any form of evaluation. |