Applying the COBIT5 Framework,monitoring Is the Responsibility of

question 23

Multiple Choice

Applying the COBIT5 framework,monitoring is the responsibility of

• A)the CEO.
• B)the CFO.
• C)the board of directors.
• D)all of the above

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Definitions:

Market Power

The ability of a company or entity to influence the price or terms of products in the market to its advantage, often because of its size or market share.

Contestable Markets

Markets where entry and exit are costless or very low, making the market susceptible to potential competition.

Differentiates Oligopoly

A characteristic of oligopoly markets where few firms dominate and each firm tries to distinguish its product or service from those of competitors.

Contestable

A market characteristic where there are no barriers to entry or exit, allowing potential competition to challenge existing firms, keeping prices competitive.