Friday, November 1, 2019
Stratigic Essay Example | Topics and Well Written Essays - 500 words - 1
Stratigic - Essay Example In addition, it means that the company will have production or management problems. A high Return on Investment reveals that the gains in the investments compare favourably to the costs of investment. Similarly, low ROI means that the gains made in investments compare poorly with the costs in investment. Therefore, a high ROI is needed for the success of a business. Internal audit is an objective and independent consulting and assurance exercise that adds value to the operations of an organization. The internal assessment of Zip Cola will be through two main approaches. The SWOT analysis applies as a strategy to determine the factors in the internal environment that will affect the organization. The SWOT analysis identifies the weaknesses, strengths, threats and opportunities that exist in the organization. The external factors involve the opportunities and the threats of the business whereas the strengths, and the weaknesses reflect the internal factors. Further, needs assessment identifies the gaps and needs of the company that requires an address to achieve its objects. Therefore, the SWOT analysis (Strengths and weakness) and the needs assessment will assist the business attain its goals and objectives, hence its focus by the essay. In this particular section of the SWOT analysis, one needs to look at the internal capacities and the available resources that will position the organization as the best in both the local and international markets. The company must identify the existing resources and find out how well the company utilizes those possessions. It is essential to list all the available relationships with the customers, the assets of the firm, and the inputs. For example, the available staff with the excellent knowledge of sales concerning the existing products and the success strategies of marketing the companyââ¬â¢s goods and products besides the reputation associated with innovation. The
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