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Question 106

Who are key external stakeholders that may significantly influence an organization?

A.Distributors, resellers, and franchisees.
B.Competitors, employees, and board members.
C.Marketing agencies, legal advisors, and auditors.
D.Customers, shareholders, creditors and lenders, government, and non-governmental organizations.

Question 107

What are the two measures used to estimate the effect of uncertainty on objectives?

A.Accuracy and precision
B.Likelihood and impact
C.Probability and consequence
D.Certainty and effect

Question 108

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.

Question 109

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.

Question 110

What is the role of sensemaking in understanding the internal context?

A.Sensemaking involves analyzing the organization's supply chain to identify potential bottlenecks and make any necessary changes in how it is managed.
B.Sensemaking involves evaluating the organization's sense of all aspects of its culture so that improvements can be made.
C.Sensemaking involves conducting financial audits to make sense of the financial condition of the organization and ensure compliance with accounting standards.
D.Sensemaking involves continually watching for and making sense of changes in the internal context that have a direct, indirect, or cumulative effect on the organization.