In CMMI, the development of business strategies falls under which area's purview?

In the context of CMMI, the development of business strategies falls under the purview of governance. Governance includes the frameworks, policies, and processes that guide and oversee the development and management of business strategies. It provides direction and ensures that the organization aligns its objectives with its operations, considering stakeholder interests and regulatory requirements.

Governance is essential for effective decision-making and ensuring that business strategies are not only well-defined but also executed properly throughout the organization's various functions. In CMMI, strong governance practices help organizations maintain a strategic focus and adaptability in an ever-changing business environment.

The other areas mentioned, such as process asset development, risk management, and implementation infrastructure, play crucial roles in Project and Process Management, but they do not specifically address the overarching development and alignment of business strategies, which is primarily the role of governance.