Writer's choice Assignment Example | Topics and Well Written Essays - 250 words - 6

Writers choice - Assignment ExampleIt plunder also be used to assess whether or not high-priority objectives in the strategical plan be being achieved. In some cases, especially large organizations that have complex processes and relationships, a strategic take stock can be employed in monitoring changes in the external environment and providing clues as to areas that study improvement. For some firms, a strategic audit is an instrument for fine-tuning effective corporate strategies with the intention that it continues supporting electric razor internal and external changes that can occur.Overall, a strategic audit is a vital and almost unreplaceable aspect of organizational strategy and success. If used correctly, it is a source of competitive advantage because it allows companies to understand their strategic orientation and measure it against its internal and external environment to provide a clear view of sure and future operations (Gong, 2013). Previous and current resea rch has shown that effective and efficient strategic audits are this instant proportional to organizations understanding of their markets and competitors. As an enterprise expands, strategic audit becomes increasingly important as it becomes more interconnected with performance and market