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strategies,thus survival of business since business survival is a mere dream of internal control

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How an internal and external customer expectations differ?

External Customers are who receive services from an organization and would expect a more personal approach and more of a willingness to keep them happy. An internal customer knows more of what to expect as they work inside or assist inside the organization.


What are the different sources of recruitment Explain?

The different sources of recruitment mainly include external and internal. Internal means that you hire from within while external entails sourcing for workers out of the organization.


What do you mean by internal sources in an organization?

An "internal source" is someone who has given information or something to someone else who works for the same organization they do. It's the opposite of "an outside source."


Differentiate internal public relation and external public relation?

The difference between external and internal PR is simply that Internal PR is done for the employees of the organization (or say, the personal crew of a celebrity). On the other hand, PR done for people not directly in the organization is external PR, such as PR for your trade people, distributors, retailers, media, government, media and the society (whichever area you are targeting).


How we create Swot analysis for the mattresses business man?

You create a SWOT analysis by examining the strengths, weaknesses, opportunities and treats for the organization. Strengths and weaknesses are internal, while opportunities are external to the organization.

Related Questions

Who is responsible for making sure an organization's internal control system is adequate?

The board of directors and its audit committee have responsibility for making sure the internal control system within the organization is adequate


What is the first interrelated component of internal control?

The control environment that sets the tone of an organization.


What is an internal procedure involving groups or individuals who are based entirely within an organization?

Internal control


The impact of internal audit on organization?

Internal audit reveals to management whether internal control procedures are duly followed or not.


The designates the Internal Control Administrator within the reporting organization and the appoints an Internal Control Administrator in the Assessable Unit.?

Senior Responsible Official , Assessable Unit Manager


Who designates the Internal Control Administrator within the reporting organization and the appoints an Internal Control Administrator in the Assessable Unit.?

Senior Responsible Official , Assessable Unit Manager


What do you understand by internal control system?

An internal control system is a mechanism set in p[lace to check or manage the environment in an organization. This system is in place to control issues like corruption and quality.


What is external quality control program?

Internal QC is from within the organization; external is from outside...


How may management's responsibility toward effective internal control systems be described?

top management at a publicly owned organization will include in the organization's annual financial report to the shareholders a statement indicating that management has established a system of internal control


What is the mandate of internal auditors?

Internal auditors identify control problems and develop solutions for improving and strengthening internal controls. Internal auditors are concerned with the entire range of an organization's internal controls


What are the elements of internal control?

An organization establishes a system of internal control to help it manage many of the risks it faces, such risks are classified as follows:- * Inherent Risk * Control Risk * Detection Risk Establishing an internal control is the responsibility of the management, the elements (components) of internal control framework are the following:- * Control environment * Risk Assessment * Control Activities * Information & Communication * Monitoring


What type of barrier to communication is an environmental factor?

It depends on which environment factor you are referring to. There are internal and external environmental factors. Internal refers to factors within an organization and basically under the organizations control. External environmental factors refers to those factors outside of the organization and by in large not under the control of the organization.