The COBIT5 Framework Primarily Relates to

question 94

Multiple Choice

The COBIT5 framework primarily relates to

• A)best practices and effective governance and management of private companies.
• B)best practices and effective governance and management of public companies.
• C)best practices and effective governance and management of information technology.
• D)best practices and effective governance and management of organizational assets.

---

Definitions:

JIT Partnerships

Refers to Just-In-Time partnerships, a collaboration between suppliers and manufacturers to ensure materials are delivered just in time for production, reducing inventory costs and enhancing efficiency.

Variability

Variability refers to the extent to which data points in a set differ from the average value.

JIT

Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to minimize inventory costs and increase efficiency.

Suppliers

Entities that provide goods or services to another company as part of a supply chain, often contributing to the production or distribution process.