Preview

Strategic Company Assessment Tool

Powerful Essays
Open Document
Open Document
723 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Company Assessment Tool
V. ASSESSING INTERNAL ENVIRONMENT A. Assess all Functional areas using the internal checklists
Management Audit Checklist – Give an example for each response (provide justification and/or support for your answer) 1. Does the organization use strategic management concepts? | Shells 2013 goals for growing its company both up and down stream (Cite http://www.shell.com/global/aboutshell/media/news-and-media-releases/2013/competitive-and-innovative-strategy-31012013.html) | 2. Are organization objectives and goals measurable and well communicated? | Shell needs to meet a regulatory carbon capture and storage (Cite http://www.shell.com/global/aboutshell/media/news-and-media-releases/2013/competitive-and-innovative-strategy-31012013.html) | 3. Do managers at all hierarchical levels plan effectively? | (cite https://reports.reveredata.com/reports/store/freereport/coprofile/8890) | 4. Is the organization’s structure appropriate? | Shell has a hierarchical departmentalized structure which is efficient for their size (cite http://www.cogmap.com/chart/royal-dutch-shell-plc) | 5. Are job descriptions and job specifications clear? | Job descriptions on shells website clear and thorough (cite http://www.shell.com/global/aboutshell/careers.html) | 6. Is employee morale high? | | 7. Is employee turnover and absenteeism low? | | 8. Are organizational reward and control mechanisms effective? | |

Marketing Audit Checklist - Give an example for each response (provide justification and/or support for your answer) 1. Are markets segmented effectively? | | 2. Is the organization positioned well among competitors? | | 3. Has the organization’s market share been increasing? | | 4. Are present channels of distribution reliable and cost-effective? | | 5. Does the organization have an effective sales organization? | | 6. Does the organization conduct market research? | | 7. Are the organization’s products and services priced

You May Also Find These Documents Helpful

  • Good Essays

    Q2. Discuss the essential activities involved in the initial planning of an audit. How do these all specifically relate to the Smackey Dog Food client?…

    • 1840 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Smackey

    • 395 Words
    • 2 Pages

    Discuss the 4 stages of the audit and the major activities performed by the auditor in each phase. Give an example of how each of these specifically applies to the Smackey Dog Food, Inc audit. For instance, examine the apparent internal control weaknesses and possible negative outcome of each.…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    You Decide Week 5

    • 1238 Words
    • 5 Pages

    Discuss the 4 stages of the audit and the major activities performed by the auditor in each phase. Give an example of how each of these specifically applies to the Smackey Dog Food, Inc audit. For instance, examine the apparent internal control weaknesses and possible negative outcome of each.…

    • 1238 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    DESCRIPTION FOR THIS STUDY GUIDE: Resource: Modern Auditing Prepare written answers to the following assignments: • Ch. 17: Comprehensive Question Substantive Tests for Stockholders’ Equity Balances • Ch. 18: Comprehensive Question Substantive Tests for Cash Balances 17-22 17-26 ACC 492 Week 4 Learning Team Assignments from the Text Study Guide www.paperscholar.com DIRECT LINK TO THIS STUDY GUIDE:…

    • 810 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Also, since John Smith is primarily a visual person, he has asked for all memos to be summarized and put into a presentation. Prepare 10-15 Microsoft® PowerPoint® slides, with speaker notes, illustrating your Audit Sampling Case Memo. Please submit your memo and presentation…

    • 450 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Target Corporation is one of the most major merchants store in the world. Target is recorded to be the sixth largest retailer within the United States. Founded by, George Dayton in the early 1900’s in Minneapolis, Minnesota. Target Corporation is a leading merchant store that supplies a variety of products, which includes everything from clothing to shoes, health and beauty, and even electronics. It is a corporation that remains on-top, and develops day-out. It is a brand that is well known and continues to raise the bar each year effectively. Target Corporation will need to grow the company approaches built on the quality of the rank, ethnicity, and individuals in each country. The issues that will need to be recognized for Target to understand development would be grand strategy, value disciplines, and generic strategies. This paper will detect the importance of strategic choices within the corporation overall.…

    • 1377 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Both the HR department and management have a lack of communication regarding company policy which leads to lack of implementation.…

    • 843 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. Write a marketing audit report, based on your findings from assessment 2, ensuring you:…

    • 414 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    This report was commissioned by the CEO and will help identify the communication problems at Mirror Image, particularly between factory…

    • 2940 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    1. What are several red flags that E&Y either was or should have been aware of in the audit of HealthSouth?…

    • 642 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Prepare written responses to the following assignments from Ch. 4 of Managerial Accounting: Tools for Business Decision Making :…

    • 511 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. Increased admission prices at theme parks 1984 - $186 m 1989 - $787 m 2. Focused on movie studios (character development) 1984 - $2.42 m 1994 - $845 m…

    • 1545 Words
    • 7 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Strategic Audit

    • 630 Words
    • 2 Pages

    Many companies begin their operation in different ways. Some companies start with a lot of capital and become successful, while others start with very little capital and still find success. However, once profitability has been achieved, it can be very difficult to maintain in the long run. One tool many managers use in order to keep operations running smoothly is the strategic audit. A strategic audit is used to compare current operations with ideal operating conditions. A strategic audit defines what strengths and weaknesses a company may have. Finally, a strategic audit is usually used to define what needs to change or where the company can improve and how.…

    • 630 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    I will research and create a checklist of 20 items, suitable to use for an access audit of a shopping centre. Afterwards I will carry out the access audit using the prepared checklist, clearly recording my results and findings and evaluate them.…

    • 4033 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Marketing Plan for Hotel

    • 12283 Words
    • 50 Pages

    Marketing Plan for the April 2010 Executive Summary Contents: Executive Summary 2 1.0 Corporate objectives and strategy 5 2.0 Marketing audit 5 2.1 External Analysis – PESTLIED 5 2.2 Industrial and Market Analysis 7 2.3 Competitive Analysis 9 2.3.1 Direct competition 9 2.3.2 Indirect Competition 9 2.3.3 Critical Success Factors 9 2.4 Customer Analysis 10 2.4.1 Grey Market Customers 10 2.4.2 The business related travel. 11 2.4.3 The youth market (16-25).…

    • 12283 Words
    • 50 Pages
    Powerful Essays

Related Topics