100%(25)25 out of 25 people found this document helpful
This preview shows page 1 - 4 out of 8 pages.
Running head: AUDIT EXERCISE PAPER THREEKawana WatersMGT 497Donnie Smith3/25/13
This paper will indicate the two audit exercises that are from Chapters five and six from the textbook. The first audit exercise will be about the synthesizing a strategy of four score card elements: financial outcomes, customers, human resources, and sustainability. However, the second audit exercise will deal with developing Information Technology plans and strategies for mergers and acquisitions, acquisition planning of new technology in the event of a merger, and gauging evaluation and control.Apple has been chosen for the company to talk about for these two audit exercises. Everyone has heard about this business and their products have grown to be important items in our lives. The mission statement for the business Apple Inc. (2012) states that it designs Macs, the best personal computers worldwide and that it leads the digital music revolution with its iPods and iTunes online stores. Also it states that Apple has revolutionized the mobile phone industry with the innovative iPhone and has outlined the future of the mobile media and computing products with the iPad. The company aims to create the best mobile device from its phone. When people asked Steve Jobs about the goal of the company, he could be remembered saying that Apple will attempt and offer what the people need and not what they want with their mobile phones.The first audit exercise consists of synthesizing a strategy score card from four elements, the financial outcome, customers, human resources, and sustainability. The discussions will involve awareness of the goals in every area of concern along with the tools to measure such goals. Also it is about the reasons behind. The Balanced Scorecard is a strategy tool that can be used by managers to keep a record of the order plan by the staff employees as well as monitor the effects of actions that may arise from performance.
The Balanced Scorecard is used quite often at Apple Computer as a planning tool instead of a control tool.Customers that have high expectations on today along with the fast pace market, Apple has been constantly put under pressure about keep up with a Balanced Scorecard.