Governance involves establishing chains of responsibilityauthority and communication as well as policies standardsmeasurements and control mechanisms that allow orgaizationalmembers to carry out their roles & responsibilities. .. ITgovernance is the effort to devise an overarching and integratedapproach addressing broad themes such as operating performancestrategic control risk management and valuesalignment.Discuss enterprise governance and why it is needed. Someaspects of IT governance are regulated by laws. Discuss 2 of theseregulations.