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  • Paper 13: Management Accounting - Strategic Management

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    Chandrasekar Idumban
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    This document discusses key concepts in strategic management including corporate planning, strategic planning, policies, strategy, strategic management, and vision, mission, and objectives. It provides an overview of the meaning and implications of corporate planning, characteristics of corporate planning, steps in corporate planning, and differences between corporate planning and strategic planning. It also discusses strategic planning at the corporate level, the strategic planning process, developing business and corporate strategy, and the benefits and framework of strategic management. Finally, it covers defining vision, mission, and objectives in business, formulating organizational mission, translating strategic objectives into targets, and analyzing internal and external environments.

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    study material regarding strategic management

    Original Title

    Strategic Mgt

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    © Attribution Non-Commercial (BY-NC)

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    This document discusses key concepts in strategic management including corporate planning, strategic planning, policies, strategy, strategic management, and vision, mission, and objectives. It provides an overview of the meaning and implications of corporate planning, characteristics of corporate planning, steps in corporate planning, and differences between corporate planning and strategic planning. It also discusses strategic planning at the corporate level, the strategic planning process, developing business and corporate strategy, and the benefits and framework of strategic management. Finally, it covers defining vision, mission, and objectives in business, formulating organizational mission, translating strategic objectives into targets, and analyzing internal and external environments.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    17 views2 pages

    Paper 13: Management Accounting - Strategic Management

    Uploaded by

    Chandrasekar Idumban
    This document discusses key concepts in strategic management including corporate planning, strategic planning, policies, strategy, strategic management, and vision, mission, and objectives. It provides an overview of the meaning and implications of corporate planning, characteristics of corporate planning, steps in corporate planning, and differences between corporate planning and strategic planning. It also discusses strategic planning at the corporate level, the strategic planning process, developing business and corporate strategy, and the benefits and framework of strategic management. Finally, it covers defining vision, mission, and objectives in business, formulating organizational mission, translating strategic objectives into targets, and analyzing internal and external environments.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 2

    Paper 13

    MANAGEMENT ACCOUNTING STRATEGIC MANAGEMENT

    Contents

    Study Note 1: Introduction to Business Strategy


    Meaning and implications of Corporate Planning Characteristics of Corporate Planning, Steps involved in Corporate Planning, Long range planning, Corporate Planning vs. Strategic Planning and Strategic, Management Corporate Planning vs. Business Policy Planning, Business Policy Planning and Strategic Planning Importance of Policies, Types of Policies ,Principles of Policy Making, Process of Policy Formulation, Basic Areas of Policy Making, Strategic Planning, Strategic Planning at the Corporate Level, Strategic Planning Process, Steps to Strategic Planning, Process of Strategic Planning and Implementation Strategy ,Business Strategy, Corporate Strategy, Answering Basic Questions to Develop Strategy, Requisites of an Effective Strategy, Strategic Management, Benefits of Strategic Management, Strategic Management Framework, Importance of Strategic Management, Strategic Management Process. Vision: Vision, Mission and Objectives in Business, Meaning and Use of Mission, Organizational Mission and Objectives, Purpose and Mission Defining the Company Mission, The Need for an Explicit Mission, Formulation of Organizational Mission, Objectives, Goals and Targets, Annual Objectives, Company Goals Survival, Growth, Profitability, Corporate Objectives, Mission and Strategy, Specific Corporate Goals The Characteristics of Strategic Objectives, Translation of Strategic Objectives into Specific Targets, Values, Target ,Functional Strategies, Strategic Levels in Organization Grand Strategy, Strategic Analysis and Choice, Strategic Decision Making, Strategic Business Units (SBU) Structure, Matrix Organization Structure, Strategic Business Units (SBU) & Core Competence, Operational Planning, Environmental Analysis, Objectives and Uses of Study of Environmental Analysis, Limitations of Environmental Analysis, Competitive Environment , Internal Environment, External Environment, Roles of different Strategists, Profit Gap, Sales Gap, Risk Gap and Other Strategies

    PLANNING: CORPORATE PLANNING: STRATEGIC PLANNING: POLICIES: POLICIE PLANNING: STRATEGY: STRATEGIC MANAGEMENT:

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