A "Management System" is the formal term for the framework of policies, objectives, processes, and procedures that an organization establishes to achieve its goals. As defined by the International Organization for Standardization (ISO), it is a set of interrelated or interacting elements used to direct and control an organization regarding a specific discipline, such as business continuity (ISO 22301), quality (ISO 9001), or information security (ISO 27001). This system provides the structure to translate strategic intent into operational actions and continuous improvement, which directly aligns with the description in the question.

B. Life Cycle Process System: This term is typically associated with product or system development (e.g., SDLC), focusing on stages from inception to retirement, not the overall organizational strategy.

C. Corporate Management System: This is a descriptive but non-standard term. The official and universally accepted terminology within ISO standards is simply "Management System."

D. Enterprise Management System: While a management system operates at an enterprise level, this term often refers to large-scale software (like ERP) and is not the formal ISO definition.

1. International Organization for Standardization (ISO). (2019). ISO 22301:2019 Security and resilience — Business continuity management systems — Requirements.

Section 3.4: Defines a "management system" as a "set of interrelated or interacting elements of an organization to establish policies and objectives and processes to achieve those objectives." This definition directly supports the correct answer.

2. International Organization for Standardization (ISO). (2021). ISO/IEC Directives, Part 1, Consolidated ISO Supplement — Procedures specific to ISO.

Annex SL, Appendix 2: Provides the high-level structure, identical core text, and common terms and core definitions for all management system standards. The definition for "management system" (Clause 3.11) is consistent with the one in ISO 22301, reinforcing it as the standard term for a framework that turns strategy into action.

3. Asgary, A. (2021). Business Continuity and Disaster Recovery Management. York University.

Module 1: Introduction to BCM: Course materials often explain that a Business Continuity Management System (BCMS) is a specific type of "management system" that provides a systematic approach for organizations to plan, implement, and improve their business continuity capabilities, aligning with the organization's overall strategic objectives.