Business Policy 3rd Semester RMLAU BBA Notes

Unit 1
Nature and Importance of Business Policy VIEW
Development of Business Policy VIEW
Classification of Business Policy VIEW
Mechanism of Policy Making VIEW
Unit 2  
Responsibilities and Tasks of Top Management VIEW
Objectives of Business, Characteristics VIEW
Classification of Business Objectives VIEW
Types of Objectives and their Overall Hierarchy VIEW
Setting of Objectives, Key areas involved VIEW
Corporate Planning VIEW
Concept of Long-Term Planning, Strategic Planning, Nature, Process and Importance VIEW
Unit 3  
Corporate Strategy, Concept, Components, Importance VIEW
Strategy Formulation: Concept, Process and Affecting Factors VIEW
Strategy Evaluation, Process, Criteria VIEW
Environmental Analysis VIEW
Resource Analysis VIEW
Unit 4  
Concept of Synergy, Types VIEW
Evaluation of Synergy VIEW
Capability Profiles VIEW
Synergy as a Component of Strategy and its Relevance VIEW

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