position audit UK US noun [C]
► MANAGEMENT, WORKPLACE the process of checking how well a company or organization is operating, done in order to help plan for the future: »
A business position audit provides a clear snapshot of a business as it stands today.
► (also position review) HR a situation in which a particular job is examined in order to see what it involves: »
A formal position audit with an employee is used to gather information about a particular job.
Financial and business terms. 2012.