What Are the Three Main Functions of COSO ERM

question 10

Essay

What are the three main functions of COSO ERM?

---

Definitions:

Superego

The superego is part of Freud's psychoanalytic theory, representing the ethical component of personality and providing moral standards for behavior.

Id

In psychoanalytic theory, the part of the personality that contains our basic, instinctual drives and operates according to the pleasure principle.

Ego

Refers to a person's sense of self-esteem or self-importance in psychoanalytic theory.

Humanistic Approaches

Ways of studying personality that emphasize self-actualization, where people seek to fulfill their potential through greater self-understanding.