The external and internal audit of a company includes?
Correct answer: B. all of above
- A. economic trends
- B. all of above
- C. competitive trends
- D. political trends
Explanation
Strategic environmental auditing considers economic, political and competitive trends because each can affect the firm’s future position. These are mainly external factors, but together they form part of the broader strategic audit.
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About Principles of Management
Management principles explain how organisations set objectives and coordinate people and resources to achieve them. Coverage includes planning, organising, staffing, directing, coordinating and controlling, along with authority, responsibility, delegation, span of control and the levels of management. These functions are related but not interchangeable, especially planning and controlling.
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