Which area is included under the UK Corporate Governance Code?

• A. Employee welfare policies
• B. Product lifecycle management
• C. Composition, Succession and Evaluation
• D. Advertising standards

Answer: (C)

The main idea is governance at board level. The UK Corporate Governance Code focuses on how the board is led and how effective it is, which includes how the board is composed, how succession plans are put in place, and how the board’s performance is evaluated. These elements—composition, succession and evaluation—are designed to ensure the board has the right mix of skills and continuity to guide strategy and oversight. The other areas sit in different domains: employee welfare policies fall under HR practices, product lifecycle management is about operations and product governance, and advertising standards relate to marketing and regulatory compliance, not board governance.