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CIMA has described the two roles of enterprise governance as 'preventing failure' and 'ensuring success'.

CIMA has described the two roles of enterprise governance as 'preventing failure' and 'ensuring success'. CIMA sees 'preventing failure' as being related to having proper risk management and corporate governance procedures in place. CIMA sees 'ensuring success' as being concerned with the practise of strategic management.

 

Which THREE of the following responsibilities of senior management are essential to 'ensuring success' for the Organization?

A.

Providing leadership and direction to the Organization.

B.

Maintaining awareness and responsiveness to abrupt change in the Organization's environment.

C.

Demonstrating competence in the execution of new initiatives.

D.

Avoiding the dominance of the executive team by particular personalities. 

E.

Ensuring conformance with the codes of corporate governance.

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