Question: Need help on these question please. 1. Why is business assurance so important in an organization such as Lloyds Register? Describe other business sectors which
Need help on these question please. 1. Why is business assurance so important in an organization such as Lloyds Register? Describe other business sectors which have needs for similar assurance systems and identify how they would need to be developed to meet the needs of those businesses and sectors. 2. Evaluate the Lloyds Register closed loop improvement cycle approach in relation to the nature of their business; could this type of approach be adapted for a government department? 3. Discuss the approach to KPIs used in Lloyds Register and prepare a presentation for a bank on the why, what and how of such a system. 4. What role could benchmarking play in the development of the OMP methods used?
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