ISO-22301-LEAD-AUDITOR practice question 20 of 35

Which compliance has always been a challenge to organizations since it has a significant influence on corporate planning?

Full set: 100 questions
Answer options
A: Quality
B: Regulatory Correct answer
C: Security
D: Insurance
Correct Answer:
B. Regulatory
Explanation

Regulatory compliance significantly influences corporate planning because organizations must adhere to statutory, regulatory, and legal requirements to operate legally and avoid severe penalties. In the context of ISO 22301, identifying and complying with legal and regulatory requirements is a mandatory step that shapes the scope, objectives, and risk landscape of the Business Continuity Management System (BCMS). Because these external mandates are non-negotiable and constantly evolving, they represent a persistent challenge and a primary driver for strategic corporate planning.

Why Incorrect

A. Quality: While important, quality compliance is often driven by customer satisfaction and voluntary standards (e.g., ISO 9001) rather than strict external legal mandates that dictate baseline corporate planning.
C. Security: Security is a subset of risk management. While crucial, regulatory compliance encompasses a broader, more foundational challenge that dictates overall corporate planning and legal viability.
D. Insurance: Insurance is a risk transfer mechanism, not a primary compliance framework that dictates corporate planning in the same mandatory way as government regulations.

References

ISO 22301:2019, Security and resilience — Business continuity management systems — Requirements, Clause 4.2.2 (Legal and regulatory requirements).

PECB ISO 22301 Lead Auditor Training Course, Module 2: Fundamental principles and concepts of Business Continuity.

Scroll to Top