In which governance and management domain does the governing body evaluate strategic options and monitor achievement of the strategy?

The governing body is primarily responsible for the oversight of organizational governance and ensuring that strategic objectives are met. In the context of the COBIT framework, this responsibility is explicitly anchored within the Evaluate, Direct, and Monitor (EDM) domain. This domain encompasses the governance activities that include the evaluation of strategic options and the monitoring of the strategy's implementation and effectiveness.

By focusing on the assessment of strategy, the governing body ensures alignment with the organization's goals and objectives. It involves overseeing that the direction of the enterprise aligns with its strategies and managing the performance outcomes related to strategic initiatives. This includes evaluating whether the necessary resources are in place and if the organization's activities are contributing to achieving intended strategic outcomes.

In summary, EDM serves as the critical domain where strategic governance takes place, making it the correct answer to the question about where the governing body evaluates strategic options and monitors strategy achievement.