6 Another Japanese company that used to be a tech giant is now struggling to stay alive. Back in the mid-1980s, Toshiba was one of the world's most innovative companies. During that time they launched the T1100, its first mass-market laptop. John Rehfeld, a former employee of Toshiba who helped sell the laptop overseas said: "There were a few laptops out before then but they all had compromises. That's why Toshiba got off to a fast start. We had a laptop that performed like a desktop." The Internet killed Toshiba's growth, people were buying their competitors computers for lower prices online. In 2016 Toshiba announced that they would stop making PCs for European consumers, but will continue to sell computers to businesses in Europe and the US. In 2017 Toshiba announced that they are considering selling its prized memory chip business to pay down debt. Later that year the world's second-largest producer of NAND memory chips Bain-Led Group stated that they bought the chip business for $18 billion. Josh Horwitz explains "How it took Toshiba 70 years to reach its peak and just a decade to fall into an abyss." Required (1) Discuss using relevant examples how you would use the benefits of an Audit to limit the negative effects noted in the case study above. Discuss the types of audits that you propose should have been conducted to bring out the early warnings to decision makers to save these unfortunate happenings. Total 20 Marks