STRUCTURE & contents The Institute of Cost Accountants of India (Statutory Body under an Act of Parliament) Page 1 FOUNDATION COURSE - Syllabus 2012 The Following table lists the learning objectives and the verbs that appear in the syllabus learning aims and examination question. Learning objectives Level A COMPREHENSION What you are expected to understand List Make a list of. State Express, fully or clearly , the details/ facts of. Define Give the exact meaning of
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* “Planning is deciding in advance what to do, how to do it, when to do it, and who is to do it.” - Koontz & O’Donnell “Planning is deciding in advance what is to be done.” - Haimann The various steps involved in planning process are as follows: 1. Awareness of opportunities and problems: The first step in planning process is the awareness of business opportunity or the problems to provide for in future. Present and future opportunities
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The SDLP will help you to identify and target the array of competencies you need to reach your professional objectives and to help you organize your Kaplan Master’s learning experience to suit your career objectives. The SDLP will be a section of your Program Portfolio, so take some quality introspective time to consider strengths and areas of development relevant to your career objectives. We encourage you to contact Career Services for feedback on relevant competencies for your career goal, as
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proposition which claims that the weaknesses of formal strategic planning confirm that alternative forms of strategic decision making are more appropriate for organisations that operate in highly uncertain and dynamic environment. | Table of Contents Introduction.......................................................................................................................3 Contrast between the nature of formal planning and strategic decision making...........3 Benefits and problems
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Planning in organizations and public policy is both the organizational process of creating and maintaining a plan; and the psychological process of thinking about the activities required to create a desired goal on some scale. As such, it is a fundamental property of intelligent behavior. This thought process is essential to the creation and refinement of a plan, or integration of it with other plans, that is, it combines forecasting of developments with the preparation of scenarios of how to react
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think, act and innovate. Thus, they take into consideration all the factors that affect strategic planning and management. Corporate management is the process of leading, administrating and directing a company. Business tasks often performed by corporate management might include strategic planning, and managing company resources and applying them with a focus on attaining the company’s objectives. Expansion of global business space of an organization or a company can lead to amid challenges in
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organization be in 10 years? 2D Which of the following is NOT a characteristic of strategic decisions as mentioned in the text? a. directive b. consequential c. rare d. continuous 3A Strategic planning within a small organization a. may be informal and irregular. b. must be elaborate to allow for future growth. c. should be formalized and explicitly stated d. should be done by the president
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（1998） conducted a survey in three different tourism communities in Texas, United States, and identified social and cultural factors, economic, crowding and congestion, environmental, services, taxes and community attitudes as seven distinctive dimensions of impacts that the community experience of tourism. Certain elements, such as socioeconomic and spatial factors, economic dependency, resident and community typologies, and theoretical perspectives （e.g. community attachment, and social exchange and
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MANAGEMENT Planning, organizing, leading, and controlling are the main principles of management. Your business is the correspond of the whole decisions you make, with the need of a vision to achieve your objectives. Customers are the real evaluation of your good decision. So base your decision to get best feedback. Planning is a systematic process to get the best use of resources, methodology, and projected outcome in specific period of time. Each plan supposed to have a clear goal and objectives. Organizing
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Economic problem is one of the fundamental economic theories in any economy operation. The problem then turns into “how to determine what is to be produced” and “how the production factors are to be allocated”. The economic problem primarily revolves around the idea of choice that ultimately must answer that problem arisen. Hence, different economic models put choice in different hands. A capitalist economy is a form of economic organisation in which means of production viz., land and capital are
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