BBA 3rd Year Question Answer

BBA 3rd Year Corporate Planning Very Short Question Answer

BBA 3rd Year Corporate Planning Very Short Question Answer Notes Samester Wise Question Answer Topic-Wise Study Notes Last 3 Year examination papers (solved)

BBA 3rd Year Corporate Planning Very Short Question Answer | Index

BBA 3rd Year Corporate Planning Question Answer Page.1

BBA 3rd Year Corporate Planning Notes Study Material Page.2

BBA 3rd Year Corporate Planning Study Material Page.3

BBA 1st 2nd 3rd Year Study Material Notes

Section-A

Very Short Questions Answers

BBA 3rd Year Corporate Planning Very Short Question Answer

BBA 3rd Year Corporate Planning Very Short Question Answer
BBA 3rd Year Corporate Planning Very Short Question Answer

Q.1 What do you mean by corporate planning?

Ans. Corporate planning is a systematic approach to clarify corporate objective, strategic decision-making and checking progress toward objectives. A corporate plan is a set of instructions to managers of an organization describing what role of each department is required to be played in order to achieve the organization’s  objectives.

Q.2. Give the various functions of corporate planning.

Ans. The various functions of corporate planning include:

(a) Challenges, (b) Alignment,

(c) Delegation, (d) Process

Q.3. What is the difference between business planning and corporate planning?

Ans. Business planning defines the strategies that the business will use to meet its goal and mission. On the other hand, corporate planning defines the strategies that the employees will take to meet the business goals and missions.

Q.4. What are the main components of strategic planning?

Ans. The main components of strategic planning include vision and mission, value and strategy.

Q.5. Write the various steps involved in long-term planning.

Ans. Various steps involved in long-term planning are as follows:

(a) Understanding the process planning.

(b) Understanding the core setting.

(c) Understanding government L.T. programe.

(d) Knowing who to contact for help.

(e) Creating sources of funding to pay services.

(f) Using strategies to perceive assets.

(g) Creating L.T.core plan.

Leave a Comment

Your email address will not be published. Required fields are marked *