True or false: A governance framework defines company-wide policies.

A governance framework is indeed designed to establish overarching company-wide policies and procedures that guide decision-making and ensure compliance with regulations and ethical standards. By creating a structured approach to governance, organizations can ensure that all levels of the company adhere to a consistent set of principles and guidelines. This framework typically encompasses aspects such as risk management, data governance, accountability, and operational integrity, which are crucial for maintaining organizational effectiveness and reliability.

In the context of Salesforce Marketing Cloud or any other platform, having a solid governance framework is essential to ensure that marketing strategies are implemented in a responsible manner, safeguarding both the company's data and the privacy of its customers. Thus, stating that a governance framework defines company-wide policies aligns with its fundamental purpose in promoting standardization and clarity across the organization.