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Question 1 of 30
Global Innovations Inc., a multinational corporation specializing in renewable energy solutions, is embarking on the implementation of a Quality Management System (QMS) according to ISO 9001:2015. As part of their strategic planning, the board recognizes the importance of aligning investment risk management with the QMS to ensure long-term financial stability and resource availability for quality initiatives. The company\'s investment portfolio includes a mix of stocks, bonds, real estate, and venture capital projects. The CFO, Anya Sharma, is tasked with developing a framework that integrates investment risk management, tax considerations, and regulatory compliance into the QMS. Anya needs to define a strategy that ensures investment decisions support and enhance the QMS rather than undermine it. Considering the principles of ISO 9001:2015 and the need for a holistic approach, which of the following strategies would be most effective for Global Innovations Inc. in integrating investment risk management into its QMS?
Establish a cross-functional team comprising members from finance, quality assurance, and legal departments to develop and implement an investment risk management plan that aligns with the QMS, incorporating risk assessment, tax planning, and regulatory compliance, and regularly reviewing the plan's effectiveness in supporting quality objectives.
Outsource all investment decisions to a third-party financial institution specializing in socially responsible investments, ensuring that the investments align with the company's sustainability goals and ethical standards, while delegating the responsibility for risk management and tax planning.
Focus solely on minimizing investment risk by investing primarily in low-yield, government-backed securities, thereby ensuring a stable but limited return on investment, and allocating the majority of the company's financial resources to quality improvement projects.
Implement a decentralized investment approach, allowing individual departments within the company to make their own investment decisions based on their specific needs and priorities, without a centralized risk management framework or consideration of tax implications.

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