Explain the process of an internal audit and how an organization can identify their strengths..
The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that external factors are more important than internal factors in strategic planning? DiscussEach question should be 200 words for each answer. reference after each question and cited APA format
1.The global recession forced thousands of firms into bankruptcy. Does this fact alone confirm that external factors are more important than internal factors in strategic planning? Discuss.
2. Explain the process of an internal audit and how an organization can identify their strengths.
3.Define and give an example of business analytics. Why is this technique becoming so widely used in organizations today?
4.Describe a conflict situation that requires you to use 1) avoidance, 2) defusion, and 3) confrontation in order to solve the problem.
5.Strategy formulation focuses on effectiveness, whereas strategy implementation focuses on efficiency. Which is more important—effectiveness or efficiency? Give an example of each concept, and explain your answer.
Explain the process of an internal audit and how an organization can identify their strengths.
