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DRIVE
SUMMER 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 ‘Strategos’, which is a combination
of two words – ‘stratos’ meaning ‘army’ (especially across a
terrain) and ‘agos’ meaning ‘to lead’. The idea of strategy has
its origin in military combat, where it
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
Answer: Benefits
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
Benefits:
a.
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
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if urgent then call us on 08791490301, 08273413412
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