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QUESTION 1
Strategic Management is currently the core of business policy discipline everywhere
(a) Define Strategic Management
(b) Write short notes on the four important elements of Strategic Management
QUESTION 2
Nowadays no business enterprise can thrive on the profit motive alone for long and if it has to succeed, business must be conscious and alive to its social responsibility as well. What are the factors that have contributed to the growing concern of business for the welfare of society? Write short notes of each one of them
Transfer pricing is applied internally within a group for management accounting purposes e.g. to measure the performance of divisions. Increasing or decreasing an internal transf
Lukas Manufacturing is presently producing a tape holder that has a variable cost of $0.75 per unit and a selling price of $2.00 per unit. Fixed costs are $20,000 a year. Present
Four perspectives of the balanced scorecard Customer perspective e.g. what should we do right for our customers and what do they value? Internal perspective e.g. what
Hofstede's dimensions of common national cultures Power distance. Extent to that people accept inequality of power. Uncertainty avoidance. Tolerance for uncertainty o
Contrasting strategic planning to strategic control Strategic planning is a more centralised planning approach, senior management tend to focus less on implementing specific c
Protecting and strengthening the organization's position in its present markets by its current products
Most executives are related with business planning. A business plan is typically written every year and includes things like a marketing plan, cash flow projections, a mission stat
what is equivalent INR amount stand for
Characteristics of each component of GE matrix
social responsblities of strategic decision maker
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