What is the primary focus of management actions and controls in the IACM?
A.
To oversee employees and meet target objectives for the unit being managed.
B.
To directly address opportunities, obstacles, and obligations.
C.
To minimize costs and maximize profits.
D.
To ensure strict adherence to external regulations and internal policies.
The Answer Is:
B
This question includes an explanation.
Explanation:
The primary focus of management actions and controls in the Integrated Actions and Controls Model (IACM) is to directly address opportunities, obstacles, and obligations to support the achievement of objectives.
Addressing Opportunities, Obstacles, and Obligations:
Opportunities: Enable the organization to capitalize on favorable conditions.
Obstacles: Mitigate risks or barriers to achieving objectives.
Obligations: Ensure compliance with legal, regulatory, and ethical requirements.
Why Other Options Are Incorrect:
A: While overseeing employees is part of management, the broader focus is addressing strategic priorities.
C: Cost minimization and profit maximization are financial goals, not the primary focus of IACM management actions.
D: Adherence to regulations is important but falls under compliance-specific actions and controls.
[References:, OCEG GRC Capability Model: Highlights the role of management in addressing strategic priorities., ISO 31000 (Risk Management): Discusses addressing opportunities and obstacles within risk management processes., , , ]
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