Which of the following is a key responsibility of the Accountable Manager?

The role of the Accountable Manager is pivotal in ensuring that an organization adheres to regulatory standards applicable to its industry. This responsibility includes ensuring compliance with laws, regulations, and industry standards that affect the organization’s operations. By maintaining compliance, the Accountable Manager protects the organization from penalties, legal issues, and potential damage to its reputation. This role is integral to fostering a culture of accountability and ensuring that the organization can effectively manage its operational risks while aligning with ethical practices.

While maintaining financial records, conducting marketing research, and overseeing training programs are important tasks within a business, they do not specifically align with the core responsibility of ensuring regulatory compliance. This focus sets the Accountable Manager apart from other managerial roles, making compliance a fundamental aspect of the position.