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RUNNING HEAD: AUDIT EXERCISE, PAPER 11AUDIT EXERCISE, PAPER 1Edgar BazanMGT497: Strategic Technology Planning for OrganizationsInstructor: Jamillah DavisDecember 9th, 2015
RUNNING HEAD: AUDIT EXERCISE, PAPER 12When looking at businesses in an attempts to determine what business or firm I should use throughout this class. Obviously we cannot pick Wal-Mart per the directions from our instructions. I made sure to pick a firm that that has been well established for a very long time. I decided to choose Johnson & Johnson (J&J). J&J was established by three brothers, Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson, found J&J in New Brunswick, New Jersey, U.S in 1886. According to the Johnson & Johnson investor site, the “fundamental strategic direction is set by our Management Team with advice and support of the Board of Directors and implemented locally at over 275 operating companies located in 60 countries throughout the world. With some exceptions, each of our companies is managed by citizens of the country where it is located. We are organized on the principle of decentralized management. Senior management groups at each operating company are responsible for their own strategic plans. In developing these plans, our people worldwide are guided by and united in carrying out the ethical principles and responsibilities outlined in Our Credo”. With this alone I believe that Johnson & Johnson makes a perfect firm to use for the purpose of this class.