BBA202 - BUSINESS STRATEGY

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DRIVE
Winter 2016
PROGRAM
BACHELOR OF BUSINESS ADMINISTRATION (BBA)
SEMESTER
II
SUBJECT CODE & NAME

BBA202 - BUSINESS STRATEGY

1. Define Strategy and list the important function of Business Strategy? Also discuss two factors influencing Business policy?
Definition of Strategy and its function
The two factors influencing Business policy

Answer: In order to understand the need for effective business strategies, we have to first describe the meaning of the term, ‘strategy’. The word, ‘Strategy’ is derived from the ancient Greek word ‘



2. What are the benefits of Strategic Management? Write down the steps of Strategic management Process?
The benefits of Strategic Management
The steps of Strategic management Process

AnswerBenefits of Strategic Management
The advantages to be enjoyed by a business which has adopted the principle of strategic management may be broadly classified as:
Financial


3. Write a brief note on the following:
a) Role of Strategic Analysis in Policy Making
b) Explain the types of strategies adopted by an Organization?
c) Two types of leadership styles?

Answer: a) Before going into the aspects related to the role of strategic analysis in policy making, let us try to differentiate between strategic analysis for policy and strategic analysis of policy. In case of strategic analysis for policy, we are primarily concerned with analysing the environment external to the organization through thecollection and analysis of structured data in a cohere
Send your semester & Specialization name to our mail id :
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or
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