Consider the following statements as you respond to the next question: i. Ask managers to think of one hundred uses for a brick, other than for building things.ii. Assess the educational background and organizational experience of employees.iii. Conduct a one-day seminar on how business processes can create value in the marketplace.iv. Encourage managers to suggest ideas, even if they are impractical.v. Hold weekly meetings to update interested parties on the BPM project; ensure at least one member of top management attends each meeting.vi. Ignore opinions and insights from people not directly involved with a business process.The text discussed seven basic principles of business process management. Which statement both illustrates one of the principles and relates to the internal environment component of the COSO enterprise risk management framework?
A)I
B)III
C)V
D)VI

Question

Quizplus · Accepted Answer

Holding weekly meetings with at least one member of top management attending each meeting relates to the internal environment component of the COSO enterprise risk management framework by demonstrating the commitment and involvement of management in the business process management project, which is an important aspect of creating a strong internal environment for effective risk management. Additionally, this statement illustrates the principle of continuous improvement and communication, as it emphasizes the importance of keeping all interested parties updated and involved in the BPM project.

Consider the Following Statements as You Respond to the Next