Question

Additional Drivers for COBIT and the need for the enterprise to achieve:

Option 1: Improved Risk Management
Option 2: Enhanced Regulatory Compliance
Option 3: Increased Operational Efficiency
Option 4: Greater Stakeholder Trust

Answer 1

COBIT (Control Objectives for Information and Related Technologies) is an IT governance framework that aims to improve risk management, ensure regulatory compliance, increase operational efficiency, and build greater stakeholder trust for enterprises.

Step-by-step explanation:

The student's question pertains to the additional drivers for COBIT and why an enterprise might seek to improve various aspects of its governance and management of information technology. COBIT, which stands for Control Objectives for Information and Related Technologies, is a framework developed by ISACA for IT management and governance. The focus is on the following objectives:

• Improved Risk Management: Implementing an effective framework helps an enterprise better predict and mitigate IT risks.
• Enhanced Regulatory Compliance: Adherence to standards ensures compliance with laws and regulations.
• Increased Operational Efficiency: Streamlining processes leads to more efficient use of resources and time.
• Greater Stakeholder Trust: When an organization is managed well, it earns the trust of investors, customers, and employees.

Each of these objectives contributes to the overall efficacy and reliability of IT within the enterprise, underscoring the importance of COBIT in the alignment of IT with business strategies.