Some constraints or boundary systems can enable organisational freedom and flexibility

Question

Quizplus · Accepted Answer

Corporate governance and risk management are closely related as effective corporate governance can help mitigate and manage risks within an organization, while inadequate corporate governance can increase the likelihood of risks and crises. Good corporate governance practices including clear policies, effective risk management strategies, and strong leadership can ultimately lead to better risk management and overall success for an organization.

Some Constraints or Boundary Systems Can Enable Organisational Freedom and Flexibility