What is one of the most important elements of asset management?
A.
Company profile
B.
The control of management risk
C.
The role of organisational culture
D.
None of above
The Answer Is:
C
This question includes an explanation.
Explanation:
Organizationalculturesignificantly impacts how asset management systems are implemented and sustained. Engagement, collaboration, and shared values influence decision-making, risk tolerance, and accountability.
Exact Extract from IAM – Asset Management: An Anatomy (v4), Section 5.2 – Organizational Culture:
“Organizational culture defines how people behave within asset management systems. It is essential for effective delivery of policy and strategic intent.”
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