Perform external and internal audits, Strategic Management

Perform external and internal audits

Follow the strategic development content then Aldi can perform external and internal audits. In external audit is considered an important element of strategic planning which impact on business. Therefore, Aldi need to concentrate on key factors such as, social-cultural, political-industrial, economics, technological and competitive which help Aldi establish planning to deal with the scope of environment. About internal audit, Aldi needs to identify the potential strengths and weaknesses in order to comparing them with Aldi's competitors which to classify any significant competitive advantage. Internal audit include: marketing, research and development, finance, production, corporate structure and management and human resources.

Posted Date: 3/12/2013 6:51:47 AM | Location : United States

Related Discussions:- Perform external and internal audits, Assignment Help, Ask Question on Perform external and internal audits, Get Answer, Expert's Help, Perform external and internal audits Discussions

Write discussion on Perform external and internal audits
Your posts are moderated
Related Questions
Q. Aim of a transfer pricing system? Aim of a transfer pricing system could be tax avoidance Different countries have varying tax rates.  A multi-national company can set up su

Q. Explain about Value based management? Value based management (VBM) is an approach which focuses on strategies and actions to create more value for shareholders.  Value being

Methodology The purpose of this research is to gather statistical information and data on how technological affects globalization, and how the trend of globalization is affectin

What Is Strategy & Why Strategy Is Important? Managers at all companies facade three innermost questions in view strategically concerning their companies' current circumstances

Q. International aspects to transfer pricing? The following issues can influence international transfer pricing decisions. Exchange rates e.g. fluctuations in global cur

Have you ever been involved in an effort to introduce a new product, service or technology in an organization? If so, share your experiences with the class. Provide the class wi

Q. What do you mean by Dual pricing? Dual transfer pricing means setting one transfer price for the internal seller and another transfer price for the internal buyer.  The basi

QUESTION 1 Individuals at all levels are prone to resisting change. What are the five main reasons why individuals resist change? QUESTION 2 Research has identified six

Q. Explain Activity based management? Activity based management (ABM) is about satisfying customers whilst making fewer demands on internal resources.  The aim is that once cos