It is a long established fact that a reader.
It is a long established fact that a reader.
It is a long established fact that a reader.
It is a long established fact that a reader.
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NEW QUESTION # 230
Why is it essential to ensure that every issue or incident is addressed?
Answer: C
NEW QUESTION # 231
In the GRC Capability Model, what is the primary focus of the REVIEW component?
Answer: C
NEW QUESTION # 232
What is the importance of gaining subordinate buy-in when setting the direction for an organization?
Answer: D
NEW QUESTION # 233
In the IACM, what is the role of Correct/Recover Actions & Controls?
Answer: D
NEW QUESTION # 234
Why is it important for an organization to balance the needs of diverse stakeholders?
Answer: D
Explanation:
Balancing the needs of diverse stakeholders is essential because it allows the organization to address their requests, wants, and expectations, which directly influence its mission, vision, and strategic objectives.
Stakeholder Influence:
Stakeholders provide resources, support, and legitimacy to the organization.
Addressing their needs fosters trust, collaboration, and long-term sustainability.
Alignment with Strategic Objectives:
Considering stakeholder perspectives ensures that the organization's mission and vision are relevant and inclusive.
Why Other Options Are Incorrect:
A: Preventing alliances against the organization is reactive and not a strategic goal.
B: Equal consideration may not always be practical; prioritization is key.
C: Compliance with regulations is important but does not fully address the strategic importance of stakeholder balance.
Reference:
ISO 26000 (Social Responsibility): Highlights stakeholder engagement as key to organizational strategy.
COSO ERM Framework: Emphasizes aligning stakeholder expectations with risk and governance objectives.
NEW QUESTION # 235
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