Easy and short notes of strategic management for CA IPCC Students for the upcoming exams. The notes only consist of 8 pages and are meant for quick revision.

Mainly students fail in ITSM Paper because they find it different and difficult from the CA Course specially the IT Part. In IT ICAI asks for technical language but for SM paper you can write answer in your own language in simple words. So do SM Properly.

 
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From below students can also download some other important notes for CA Inter Exams.

IPCC Students can also download :

  1. Balance Sheet and P&L Schedule III Companies Act 2013 Notes
  2. Brief Comparison between CARO, 2003 & CARO, 2015 IPCC Strategic Management Notes
  3. Companies (Auditor’s Report) Order, 2015
  4. IPCC RTP – Last 7 Attempts
  5. Corporate Account Notes – Companies Act 2013
  6. Income Tax Fact Track Quick Revision for May 2015 and November 2015
  7. Taxation May and November 2015 Amendment Notes by Ajay Jain
  8. Wealth Tax Short and Easy Notes
  9. All Accounting Standards Latest Notes
  10. IPCC Past Year Papers & Solutions Last 7 Attempts
  11. Cost FM Important Topics
  12. CA Final and IPC New Syllabus applicable for November 2015

Strategic Management (50 marks)

Objectives:

(a) To develop an understanding of the general and competitive business environment;

(b) To develop an understanding of strategic management concepts and techniques;

(c) To be able to solve simple cases.Page 17 of 17

Contents:

1. Business Environment :

General environment – demographic, socio-cultural, macro-economic, legal/political, technological, and global; competitive environment.

2. Business Policy and Strategic Management :

Meaning and nature; strategic management imperative; vision, mission and objectives; strategic levels in organisations.

3. Strategic Analyses :

Situational analysis – SWOT analysis, TOWS matrix, portfolio analysis – BCG matrix.

4. Strategic Planning :

Meaning, stages, alternatives, strategy formulation.

5. Formulation of Functional Strategy :

Marketing strategy, financial strategy, production strategy, logistics strategy, human resource

6. Strategy Implementation and Control :

Organisational structures; establishing strategic business units; establishing profit centers by business, product or service, market segment or customer; leadership and behavioural

7. Reaching Strategic Edge :

Business process re-engineering, benchmarking, total quality management, six sigma, contemporary strategic issues