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PECB ISO-22301-Lead-Auditor Exam - Topic 6 Question 71 Discussion

Most government policies have direct influences on how organizations shape their business strategies and plans.
A) True
B) False

PECB ISO-22301-Lead-Auditor Exam - Topic 6 Question 71 Discussion

Actual exam question for PECB's ISO-22301-Lead-Auditor exam
Question #: 71
Topic #: 6
[All ISO-22301-Lead-Auditor Questions]

Most government policies have direct influences on how organizations shape their business strategies and plans.

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Suggested Answer: A

Most government policies have direct influences on how organizations shape their business strategies and plans, as they affect the legal, regulatory, economic, and social environment in which the organizations operate. Government policies can create opportunities or threats for the organizations, depending on their nature and impact. For example, government policies can affect the taxation, trade, security, environmental, and human rights aspects of the organizations' activities. Therefore, organizations need to monitor and analyze the government policies that are relevant to their business objectives and interests, and adapt their business strategies and plans accordingly.This is also important for the business continuity management system (BCMS), as it helps the organizations to identify and address the risks and opportunities related to the government policies, and to ensure the compliance and resilience of their BCMS.Reference: ISO 22301 Auditing eBook, page 131; ISO 22301:2019, clause 4.12


Contribute your Thoughts:

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I feel like it could go either way, but I lean towards true since policies like tax incentives can really shape decisions.
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Garry
5 days ago
This reminds me of a practice question about environmental regulations affecting business strategies. I think the answer was true.
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Caprice
10 days ago
I'm not entirely sure; I remember some cases where companies adapted without much influence from the government.
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Rasheeda
15 days ago
I think it's true because government policies often dictate regulations that businesses must follow.
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