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DRIVE
SUMMER 2016
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
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.
Get fully solved assignment. Buy online from website
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plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
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if urgent then call us on 08791490301, 08273413412
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