In the IACM, what is the role of Compound/Accelerate Actions & Controls?
A.
To identify and address any potential conflicts of interest that may compound or accelerate enforcement actions against the company.
B.
To enhance the brand image and reputation of the organization.
C.
To accelerate and compound the impact of favorable events to increase benefits and promote the future occurrence.
D.
To accelerate and compound the benefits of reducing costs.
The Answer Is:
C
This question includes an explanation.
Explanation:
Compound/Accelerate Actions & Controls in the Integrated Actions and Controls Model (IACM) focus on amplifying the positive impact of favorable events and fostering conditions for their recurrence.
Objective:
Enhance the benefits derived from favorable events and outcomes.
Increase the likelihood and magnitude of future occurrences of such events.
Examples:
Leveraging positive market feedback to expand brand loyalty.
Scaling a successful project for broader application.
Why Other Options Are Incorrect:
A: Addresses conflicts, not the role of compound/accelerate controls.
B and D: These are outcomes, not primary roles of this category.