The Capability Area focused on identifying threats and opportunities is named?

The correct answer is the Capability Area focused on identifying threats and opportunities, which is "Managing Business Resilience." This capability emphasizes the importance of understanding and anticipating risks and opportunities within an organization. It involves developing strategies to enhance the organization's ability to respond to challenges and leverage potential advantages in a dynamic environment.

Managing Business Resilience encompasses assessing the current landscape, understanding potential disruptions, and planning effectively to maintain continuity and support growth. This proactive stance helps organizations prepare for uncertainties, ensuring they can adapt to changes while seizing new opportunities.

In contrast, the other options focus on different aspects of organizational processes. Engineering and Developing Products addresses the design and creation of products, ensuring that they meet requirements and standards. Ensuring Quality centers on maintaining high-quality outputs through rigorous processes and standards. Planning and Managing Work pertains to the organizing and scheduling of tasks and resources to meet objectives effectively. While these areas are critical to organizational success, they do not specifically focus on identifying threats and opportunities, which is essential for strategic resilience and adaptability.