Asked by James Murray on Sep 23, 2024
Verified
An organizational assessment of the internal and external environments is often referred to as a(n) :
A) external environmental analysis
B) short-term forecast
C) organizational analysis
D) financial audit
E) social audit
Organizational Assessment
A comprehensive evaluation of an organization's performance, strategies, processes, and structures to identify strengths and areas for improvement.
External Environment
All the external factors and forces, including economic, technological, socio-cultural, and political/legal forces, that can influence an organization's performance and strategy but are outside its control.
Financial Audit
An independent evaluation of the financial statements of an organization to ensure accuracy, compliance with accounting standards, and fair representation of the company's financial status.
- Acknowledge the importance of organizational assessments in HR planning and the external and internal environmental factors impacting it.
Verified Answer
Learning Objectives
- Acknowledge the importance of organizational assessments in HR planning and the external and internal environmental factors impacting it.
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