Ace the DECA Financial Consulting Challenge 2025 – Unleash Your Business Superpower!

The correct answer highlights the challenge businesses face when individuals may prioritize their departmental responsibilities over collaborative approaches needed for effective governance, risk management, and compliance (GRC). This defensive mentality can create silos within the organization, leading to a lack of communication and understanding between departments. Each department may focus narrowly on its own objectives, potentially resisting changes or strategies that might benefit the organization as a whole.

In effective GRC practices, organization-wide cooperation and the integration of different departments are crucial. Each department must understand how their roles connect to overall governance and compliance goals. The presence of individuals who defend their specializations can hinder this integration, resulting in gaps in compliance and risk management efforts and making it more challenging to implement effective GRC strategies.

While the other options present factors that could also challenge businesses in pursuing GRC initiatives, they do not focus specifically on the interpersonal dynamics within the organization that can impede teamwork and communication. Lack of funding, rapid technological change, and inadequate training programs all relate to external and resource-based challenges, whereas the issue of departmental defense speaks directly to the internal culture and collaboration crucial for comprehensively addressing governance, risk management, and compliance.