<span>SWOT tool for auditing an organization and its environment.First stage of planning and helps marketer focus on key issues.SWOT stands for Strengths, Weaknesses, Opportunities and Threats.we should aim to turn our weaknesses into strengths and our threats into opportunities.</span>
Answer:
Unlike conventional organizations, unstructured organizations tend to lack clear assignments of legal or financial liability in the event of major foul-ups.
Explanation:
"There are two kinds of processes that organizations deal with. The first are structured processes. These processes have clearly defined start and end states, and they have a clear set of activities and tasks that happen to reach the end state (a repeatable pattern). The other type of process is called an unstructured process, also known as ad-hoc, informal, expert, case and much more. Unstructured processes have a start, but the activities and tasks are not necessarily consistent, and the end state is not predictable."
Reference: Webadmin. “Why Unstructured Processes Are Critical to an Organization's Success.” EVERTEAM, Webadmin, 2 May 2018
A Deliverable-Based Work Breakdown Structure clearly demonstrates the relationship between the project deliverables (i.e., products, services or results) and the scope (i.e., work to be executed). Figure 1 is an example of a Deliverable-Based WBS for building a house. Figure 2 is an example of a Phase-Based WBS for the same project.
wbs chart, work break down structure, deliverable based
Figure 1 – Deliverable Based Work Breakdown Structure
In Figure 1, the Level 1 Elements are summary deliverable descriptions. The Level 2 Elements in each Leg of the WBS are all the unique deliverables required to create the respective Level 1 deliverable.
The misstatement is immaterial in the overall context of the financial statements represents a viable defense.
<u>Option: A</u>
<u>Explanation:</u>
An object may be immaterial individually, but when it is consolidated with lots of immaterial objects it can be material. When this happens, then the impact becomes material. A mistake of an individual element may cause serious misrepresentation of the financial statements.
Materiality direct to the relative size of a number as the relatively large quantities are content, while the relatively small quantities are not material or immaterial. A further perception of materiality is that sophisticated investors will be deceived by omitting or misclassifying the number.