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8 pages. The productivity audit of a business is comprised of the evaluation of eight major items: Policy, leadership, objectives, inputs, performance, technology, work procedures and staff. This example productivity audit evaluates these areas in this particular business, a metropolitan bank. The results of the audit are reported with a full analysis of the findings as well as recommendations on how to improve certain aspects of the business. This is an excellent guideline that can serve as a model in auditing any type of business using the productivity audit as shown. Bibliography lists 4 sources.
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these areas in this particular business, a metropolitan bank. The results of the audit are reported with a full analysis of the findings as well as recommendations on how
to improve certain aspects of the business. This is an excellent guideline that can serve as a model in auditing any type of business using the productivity audit as
shown. Because depository institutions need to be as efficient yet safe as possible in their myriad duties concerned with protecting their customers assets, banking regulations must be in place which
will create this safe and efficient environment. However, while this is a general, overall consensus of the problem as a whole, it needs to be broken down into sub-groups
and each sub-group must then be addressed in order to consider the solution as a whole. STATEMENT OF RESULTS Overall there was nothing found during the audit at
the Metropolitan Bank that cannot be corrected with proper action. However, unless the problems are addressed swiftly and efficiently there could be major difficulties for the bank in the
future, as these problems tend to compound and become worse the longer they are allowed to continue. ANALYSIS Each of the eight sections of the audit were addressed in
the productivity audit with the following findings: Policy: The depiction of the corporation as being made of many smaller parts is entirely correct. By recognizing the visions, values and
sense of purpose binding an organization, every employee within that framework can learn to understand the mission of the entire enterprise. Leadership: There is, at Metropolitan Bank, an obvious
problem in the communications between management and supervision. The only way internal controls can work properly is if management takes an active part in the involvement. Incentives work
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