Digi Case Study

740 Words2 Pages

Digi’s company used “For the troops to plunder the resources of the enemy, they must be motivated by material rewards” as the strategy of their company to run the business.
Internal management defined in accounting and auditing is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization. It is a means by which an organization's resources are directed, monitored, and measured. It plays an important role in detecting and preventing fraud and protecting the organization's resources, both physical and intangible.
Internal …show more content…

There are many ways to recognize employee work based on performance. For example, company can award to those employees who meet higher expectation with free travel or incentives. Company also can organize an annual dinner for every employees to appreciate their works. Bonus and annual leave also can be award to those employee which had work longer time for the company. This is because staff recognition is a highly effective and proven strategy for improving employing engagement. A well-implemented employee appreciation program has the power to influence many aspect of business form morale, to productivity, and even retention. Furthermore, if the company keep the staff happy then the customer will be happy; if the customer happy then shareholder will be happy. The employee will having a good loyalty to the company …show more content…

External Management In external management, the theory which has been used by Digi is “A victorious army ensures that it will win before going into battle. A defeated army engages in battle first and then looks for victory.”
This theory is explains about a successful company will create a strong and well-planned strategy before it penetrate into the market. This is to ensure that the company will clearly define the purpose of the organization and realistic goals and objectives consistent with the mission. While some of the company will start to penetrate into the market only seek for the strategy. At this time, the work for the organization are not well-plan so will lead the whole company goes into wrong direction. For instance, at ancient time, the general will ensure that their enemy will win only seek for battle, whilst some of the reckless general entered the battle first only seek for the victory. In business, a company should know well about their company before making any decision. They must know their own strength and weakness of the company in order to plan a well strategy. This is to create a strong foundation for the company to make sure every step that took is perfectly bring to success. A company enter into the market without any planning will easily defeat by other competitors. Therefore, making decision is an important strategy for a

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