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Questions and Answers
What could be a major consequence for firms failing to mobilize and empower managers and employees to conduct an external audit?
What could be a major consequence for firms failing to mobilize and empower managers and employees to conduct an external audit?
- Pursuing ineffective strategies (correct)
- Improved organizational communication
- Technological advancement
- Increased social media presence
In the context of technology, what is a significant indication that a firm may be falling behind?
In the context of technology, what is a significant indication that a firm may be falling behind?
- Focusing on internal processes only
- Utilizing traditional communication methods (correct)
- Empowering managers and employees
- Implementing e-commerce and social media networks
Why is it important for firms to empower managers and employees to conduct an external audit?
Why is it important for firms to empower managers and employees to conduct an external audit?
- To increase social media presence
- To focus on internal processes only
- To identify potential weaknesses and risks (correct)
- To improve interdepartmental communication
What could be a consequence of a firm focusing solely on internal processes?
What could be a consequence of a firm focusing solely on internal processes?
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