Naval Audit Service Corporate Level Strategy

1585 Words7 Pages

Global Level Strategy are strategies that purse international markets (Organizational Strategy). The Naval Audit Service is a Federal Agency that serves the United States Navy and Marne Corps. To expand our competitive advantage in that foreign market, and whether or not it can meet the specific needs of consumers in that foreign market is insensible. Evaluating global expansion, identify opportunities globally that allow the agency to build on its competitive advantages, yet are customized to the local market conditions and realities with consideration of cultural, social, economic, technological, and legal factors (Organizational Strategy).

Corporate Level Strategy are to a competitive advantage in the appropriate industry or industries …show more content…

The Naval Audit Service’s customer is Sailors and Marines, Department of the Navy civilians, and American taxpayers. Our consumer need an independent and objective audit services and products to the Department of the Navy leadership in assessing risk to improve efficiency, accountability and program effectiveness (DON NAVAUDSCV, 2017). In order to meet these standards the naval audit will be a flexible and responsive organization working with Naval leadership to manage and reduce risk by providing audit services and products (DON NAVAUDSCV, 2017). The business level strategy specific to the Naval Audit Service is conducted with four objectives. First, Develop and Execute the Annual Audit Plan Based Primarily on the Annual Department of the Navy Risk and Opportunity Assessment and Senior Leader Concerns. Secondly, Be Responsive to High-Risk Vulnerabilities and Emergent Requirements. Next, support the Department of the Navy Financial Improvement and Audit Readiness Efforts. Lastly, maintain an external communication and marketing strategy. These objectives are carried out at the functional level strategy. The functional level strategy is the most specific of the levels of strategy, and are concerned with the actions of each function in a company (Organizational Strategy). Lower levels of management are …show more content…

First, Customer Perspective conduct outreach meetings with Department of the Navy senior leaders, both civilian and military, to identify areas of concern, and incorporate those areas, as appropriate, into the Department of the Navy Oversight Plan (DON NAVAUDSCV, 2017). Years ago, the Naval Audit Service did not meet with senior leadership to discuss concerns of the Navy, although we would develop audits from the Department of Navy Risk and Opportunity Assessment meetings to determine specific concerns were not

Open Document