Which governance and management domain addresses performance monitoring in relation to internal targets and external requirements?

The choice that addresses performance monitoring in relation to internal targets and external requirements is indeed focused on the MEA (Monitor, Evaluate, and Assess) domain. This domain is specifically designed to ensure that organizations continuously evaluate and monitor their performance and compliance with regulatory and internal standards. It emphasizes the importance of both ongoing assessment and evaluation to track progress against set objectives and to ensure that external requirements are met.

Within the MEA domain, the activities are centered around measuring performance, assessing risks, and evaluating the effectiveness of governance and management processes. This is crucial for making informed decisions and driving improvements throughout the organization. By aligning performance metrics with both internal goals and external regulatory obligations, organizations can ensure they are not only performing effectively but are also compliant with necessary guidelines and standards.

This commitment to continuous monitoring and evaluation is what sets the MEA domain apart in terms of governance and management practices.