BBA404- SMALL BUSINESS MANAGEMENT

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DRIVE
Spring 2017
Program
BBA
Semester
4
Subject code & name

BBA404- SMALL BUSINESS MANAGEMENT

1 Write short notes on the following:
a) Significance of small business
b) Evolution of small business in India

Answer: a) Significance of small business can be understood under two dimensions – its contribution to the national economy and its contribution to entrepreneurship contribution to the economy. Both in developed and developing countries, small business plays a pivotal role in generating employment,



2 Elaborate on concept of strategic management and strategy.
a)Concept of strategic management
b)Strategy

Answer: According to Peter Drucker “strategic management is not a box of tricks or a bundle of techniques but it is analytical thinking and commitment of resources to action.” Strategic management, in the view of Arthur A Thompson Jr & A J Strickland II, consists of five inter-related


3 Describe the following:
a) Capacity management and
b) Types of manufacturing processes.

Answer: a) Capacity refers to the output the plant can produce in a time period. Building capacity in excess of demand requirement will result in blocking up of funds in idle capacity. Too short a capacity will force the business to forego orders resulting in customer dissatisfaction. Consequently, it will sap the morale of the marketing staff. It is imperative that the right

Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )



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