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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.
Q. Explain about hopwood’s Self-control? Self-regulation e.g. members of staff or managers exerting self-control by the modification of their own behaviour. This is essence de
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An organization is unable to secure enough resources or competence.
# 14 Strategy formulation presupposes a set of goals and objectives. Why aren''t goals and objectives obvious? What characteristics of people and organizations can make setting goa
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1 - Analyse the business factors that underpin the requirement for an e-strategy in an organisation. 2 - Talk about the benefits of e-commerce to an organisation.
1. “A mission describes what the organization is now; a vision statement describes what the organization would like to become.” Differentiate between corporate mission and strategi
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