Question 1 of 30
GlobalTech Solutions, a multinational technology firm, is certified to ISO 37001:2016. The company is aggressively pursuing market expansion into several emerging economies, where corruption is known to be more prevalent. Senior management is pushing for rapid growth to meet ambitious revenue targets. The compliance department, however, is concerned that the accelerated expansion could increase the company\'s exposure to bribery risks, potentially undermining the effectiveness of its anti-bribery management system (ABMS). Internal audits reveal that existing due diligence processes are inadequate for the scale of expansion being contemplated. Furthermore, training on anti-bribery policies has not been consistently delivered to all employees, particularly those in sales and marketing roles who are directly involved in negotiating contracts in the new markets. Top management views the ABMS as a hindrance to achieving its strategic objectives.\n\nIn this scenario, what is the MOST appropriate course of action for GlobalTech Solutions to ensure continued compliance with ISO 37001:2016 while pursuing its expansion strategy?
Prioritize a comprehensive risk assessment of the expansion plans, specifically evaluating bribery risks in new markets and identifying vulnerabilities in the existing ABMS, and then adapt its ABMS accordingly.
Proceed with the expansion as planned, relying on existing anti-bribery controls and addressing any issues that arise on a reactive, case-by-case basis to avoid slowing down the expansion process.
Temporarily halt all expansion plans until the compliance department can develop and implement a completely new ABMS that is specifically tailored to the unique risks of each new market, regardless of the impact on revenue targets.
Delegate the responsibility for anti-bribery compliance to local management in each new market, assuming that they are best positioned to understand and address the specific corruption risks in their respective regions.

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