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BBA 3rd Year Corporate Planning Long Question Answer

BBA 3rd Year Corporate Planning Long Question Answer

BBA 3rd Year Corporate Planning Long Question Answer Study Material Notes Samester Wise Chapter Wise Notes 3 Mock papers for self-assessment Unit-wise division of the content

BBA 3rd Year Corporate Planning Long Question Answer | Index

BBA 3rd Year Corporate Planning Question Answer page.1

BBA 3rd Year Corporate Planning Long Question Answer page.2

BBA 3rd Year Corporate Planning Notes Question Answer page.3

BBA 3rd Year Corporate Planning Study Material page.4

BBA 3rd Year Corporate Planning Question Answer papers. page.5

BBA 3rd Year Corporate Planning Question Answer unit-wise page.6

BBA 3rd Year Corporate Planning Long Question Answer examination paper page.7

BBA 3rd Year Corporate Planning page.8

BBA 3rd Year Corporate Planning Question Answer Notes page. 9

BBA 3rd Year Corporate Planning Notes. Page.10

BBA 3rd Year Corporate Planning Notes paper Page.11

BBA 3rd Year Corporate Planning Solved paper page.12

BBA 3rd Year Corporate Planning Study material Notes page.13

BBA 3rd Year Corporate Planning Study Notes page.14

BBA 3rd Year Corporate Planning 3 mock papers page.15

BBA 3rd Year Corporate Planning Last 3 year papers page.16

BBA 3rd Year Corporate Planning Unit wise content page.17

BBA 1st 2nd 3rd Year Study Material Notes

BBA 3rd Year Corporate Planning  Long Question Answer
BBA 3rd Year Corporate Planning Long Question Answer


Section-C

 (Long Answer Questions):

Q.1. Discuss the various stages of planning process.

Ans. Whether the system is an organisation, department, business or project etc, the basic planning process typically includes similar nature of activities carried out in similar sequence. The phases are carried out carefully or in some cases intuitively, for example, when planning a very small, straightforward effort. The complexity of the various phases (and their duplication throughout the system) depends on the scope of the system. For example, in a large corporation, the following phases would be carried out in the corporate offices, in each division, in each department, in each group etc. Following are the phases in planning:

1. Refer to the Mission: During planning, planners have in mind (consciously or unconsciously some overall purpose or result that the plan has to achieve. For example, during strategic planning, it is critical to refer to the mission, or overall purpose, of the organisation.

2. Take Stock Outside and Inside the System: This ‘taking stock is always done to some extent, whether consciously or unconsciously. For example, during strategic planning, it’s important to conduct an environmental scan. This scan usually involves considering various driving forces, or major influences, that might effect the organisation.

3. Analyse the Situation: In this phase the organisations often conduct a ‘SWOT analysis! (SOWT is an acronym for considering the organisation’s strengths and weaknesses, the opportunities and threats faced by the organisation.) During this analysis, planners also can use a variety of assessments, or methods to measure’ the health of systems.

4. Establish Goals: Based on the analysis and alignment to the overall mission of the system, planners establish a set of goals that build on strengths to take advantage of opportunities, while building up weaknesses and warding off threats.

5. Establish Strategies to Reach Goals: The particular strategies (or methods to reach the goals) chosen depend on matters of affordability, practicality and efficiency.

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