Define organizational structure and controls and discuss the difference between strategic and financial controls.
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STRATEGIC MANAGEMENT QUESTION:
Discuss the organizational structures used to implement three international strategies.
Discussion Topic 1: Internal control consists of the policies and procedures established to prevent or detect errors or fraud. The internal control structure is the cornerstone to good financial practices. Review the Management Antifraud Programs and Controls (14-step program) and select one of the steps to discuss. Be sure to share your thoughts on how this step helps to enhance the reliability of financial reporting.