Question: Question 4 What does it mean to perform an external audit? Answers: a . hire a consultant to develop a comprehensive strategic plan b .

Question 4
What does it mean to perform an external audit?
Answers:
a. hire a consultant to develop a comprehensive strategic plan
b. all of the above
c. perform an internal audit of departments
d. collect and analyze competitive intelligence and information about external tre
Question 5
Which measures the liquidity ratio of firms?
Answers: a. Earnings per share
b. Net profit margin
c. Return on Assets
d. Average collection period
Question 6
Long-term objectives are especially significant at which stage of strategic management?
Answers:
a. Formulation
b. Policy
c. Implementation
d. Evaluation
Question 4 What does it mean to perform an external audit?

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