Management Teams That Practice __________

question 1

Multiple Choice

Management teams that practice __________.

• A) value-based compliance management view the cost of compliance as an expense rather than an investment
• B) strategic compliance management identify and embrace operational changes in order to convert regulatory constraints into innovation opportunities
• C) resource-based management see regulation compliance as a competitive advantage
• D) strategic-based risk management are the most legally astute of managers

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Definitions:

Authority

The power or right to give orders, make decisions, and enforce obedience.

Credibility

The quality of being trusted and believed in, often based on a person's reputation or the reliability of their claims and statements.

Visual Aid

A tool or object, such as a chart or model, used to enhance the understanding or retention of information.

Reports

Documents that present and analyze information or findings, often resulting from research, investigation, or an assessment, to communicate insights or recommendations.