What is one of the goals specifically mentioned under the 'Growth' category in the COBIT framework?

Prepare for the Information Systems and Controls (ISC) CPA Exam. Study with flashcards and multiple-choice questions, each with hints and explanations. Get ready to excel!

The inclusion of "Growth and innovation" under the 'Growth' category in the COBIT framework highlights the importance of aligning technology initiatives with broader organizational goals related to expansion and development. This aspect focuses on how information systems can be leveraged to drive new opportunities, enhance competitive advantage, and foster a culture of innovation within the organization. By emphasizing growth and innovation, organizations encourage proactive planning and investment in technologies that not only support day-to-day operations but also pave the way for future enhancements and capabilities.

The choice directly addresses the role of IT governance in guiding organizations toward increasing their market presence, developing new products or services, and utilizing technological advances that can lead to shared value with stakeholders. This demonstrates how a well-structured governance framework, such as COBIT, can facilitate strategic growth by providing direction and ensuring that resources are effectively allocated towards initiatives that promote innovation.

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