The ERM Framework Addresses Four Categories of Management Objectives

question 66

Multiple Choice

The ERM framework addresses four categories of management objectives. Which category concerns high-level goals, aligned with and supporting its mission?

• A) compliance
• B) operations
• C) reporting
• D) strategic

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Definitions:

Resilient

The ability to recover quickly from difficulties; toughness or the capacity to bounce back from adverse events.

Coping Mechanism

Psychological strategies that individuals use to manage stress, difficult situations, or feelings of anxiety and depression.

Localizing

The process of making something local in character or restricting it to a particular place, especially in terms of adapting a product or content to meet the language and cultural requirements of a specific target market.

Sequencing

The process of arranging objects, actions, or events in a logical or chronological order.