Which ERM category relates to the effective and efficient use of a corporation's resources?

Question

Quizplus · Accepted Answer

The operational objective of ERM focuses on the effective and efficient use of a corporation's resources. This includes managing risks related to operations, processes, and systems to optimize performance and achieve business objectives. Compliance objectives deal with legal and regulatory requirements, strategic objectives relate to long-term goals and positioning in the market, and reporting objectives focus on accurate and timely communication of information to stakeholders.

Which ERM Category Relates to the Effective and Efficient Use