Explain How a Company Can Do a Social Audit When

question 57

Essay

Explain how a company can do a social audit when it decides to evaluate its impact on society.

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Definitions:

Information Flows

The movement of information between entities through various channels and methods, essential for decision-making and operations in organizations.

Internal Functions

Operations or activities that are carried out within an organization rather than outsourced to external parties.

External Sources

Information or resources obtained from outside an organization or individual's immediate environment.

Online Reverse Auctions

Digital marketplaces where suppliers bid to sell their goods or services to a buyer, with prices typically decreasing over time, often used to enhance competitiveness and reduce costs.