Integrated Risk Management includes which of the following components?

Integrated Risk Management (IRM) is a comprehensive approach that seeks to identify, assess, and manage risks across an organization. One of its critical components is audit management and compliance oversight. This involves ensuring that all regulatory and internal compliance standards are met and that appropriate measures are in place to monitor adherence to these standards. It also entails conducting audits to assess the effectiveness of existing risk management practices and compliance programs, thereby helping to mitigate risks that can affect an organization’s objectives.

Audit management and compliance oversight play crucial roles in IRM by providing an independent evaluation of the organization's processes and controls, identifying potential risks, and recommending improvements. This continuous monitoring and assessment are essential for establishing a proactive risk management culture within the organization.

The other options, while they may contribute to different aspects of business operations, do not directly align with the core components of Integrated Risk Management. Financial forecasting and market analysis primarily focus on predicting financial performance and market trends, respectively, without an inherent emphasis on risk management oversight. Customer relationship management is oriented towards managing customer interactions and experiences, which, while important for business success, is not specifically related to the structured approach of managing risks across the organization.