Business Assessment Questions

1. Explain the process of an internal audit and how an organization can identify their strengths. Your response should be at least 200 words in length.

2. In your opinion, what are the four major external threats facing PetSmart and the four major opportunities? Realizing the importance of quantification in stating key factors, how could your factors be quantified? Identify specific estimates (numbers) for your factors. Your response should be at least 200 words in length.