Which can provide governing principles that mandate or constrain actions or manages university risk?

Policy.

A policy is a purpose arrangement of standards to manage choices and accomplish rational results. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an institution. Policies to aid emotional basic leadership for the most part help senior administration with choices that must be founded on the relative nature of various elements, and accordingly are frequently difficult to test impartially, e.g. work-life balance policy.

recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.

answer; human capital;