CA IPCC Business Environment Module 10

Dear children’s let’s see now Michael porter's five forces model for competitive analysis how to combat how to fight how to give a reply back to competitive pressure “char mark ke liye aata hai” four mark question who is Michael porter now he give rivalry among competitive forms what would be done potential development of substitute products next bargaining power of consumers potential entry of new competitors and bargaining power of suppliers now what would be done let's check one by one Michael porter's five forces model for competitive analysis beginning from Harvard Business School right rivalry among competing firms, most powerful, everyone has strategy to compete, your strategy must have competitive advantage, tool is retaliatory or counter moves such as what can you do lower your prices of your product as in MTNL been doing it add-on extra features like airline or maybe like hotels extended warranty to be given just as in case of General Motors they were the first company in India to give extended warranty for 3 years on all their manufactured vehicles so this is something out of the box To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 9

Dear children’s we continue with naya module responses now here in the three types of responses the very first is least resistance to the business right to all the policies that or any kind of change that come in now just to survive stability strategy non ambitious approach example local vegetable sellers they are least concern least bothered what's going on in the environment so we call it as the first response least resistance to environment second proceed with caution be-cautious monitor changes and proceed consciously anticipate changes and change strategies example is your grocery shop owner so you will watch and take a very cautious step so this is proceed with caution To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 8

Dear students we continue with technological environment now technology and business are highly inter-related Technology influences the business operations like for an example kodak people they were not successful in changing the technology so they are not existing today but today all others like Canon Sony they are into digi-cams so they are still prevailing existing in the market and they continuously research on the technology upgrading products so they are able to survive so Technology influences business operations now factors to be considered in the technological environment are the prevalent technique of the technology as I already mentioned Kodak cameras no longer exist but they were the first company to come up with those rolls right and cameras with taking pictures still pictures but after they could not change the technology so they were thrown out of the market and today we have Sony, Canon leading in camera world, digi-cam world so that's prevalent of technique or Technology the future technological needs as in your Google Glass Google car right which will be running only on directions been given or information been printed or typed or ordered been given so it's really amazing the research and development needed and that's the reason we are getting best of the best products all from developed countries and multinationals because they spend lot of money on research and development opportunities arising out of technological inventions To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 6

Bacchalog, let’s see Tows matrix, right, a question of four marks, now tows is exactly opposite of swat, now this matrix is developed by prof. Heinz Weichrich, he is from Germany but teaching in United Sates, Now he use the same inputs, strengths, weaknesses, opportunities, and threats, the only thing is that, he done, reorganize them and integrated them into strategic planning right. He used all the elements on X axis and Y axis format, so here we see on X axis we have all the internal elements and on Y axis we have all external elements right here you can read external element is opportunity, threat and internal, organizational strength and organizational weaknesses, now let us understand strategic options that we have. To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 5

Bacchalog, SWOT analysis strength and weaknesses within the organization, opportunities and threats outside the organization. Now here we have functional level strategy, it is directed at improving the effectiveness of the operations within an organization, such manufacturing, marketing, material management, customer service, etc and business level strategy here different positioning strategies can be used in different industry settings, example cost leadership, differentiation, etc. Corporate level strategy, it is directed gaining a competitive advantage and maximizing the long run profitability of the organization. Global strategy addressing how to expand operations outside the home country to grow and prosper in a world where competitiveness advantage is determined as a global level. Now lets see the strengths, company strengths, inherent and completive strength. Weaknesses inherent limitations right all your constraints and deficiencies. Opportunities, favorable situations in the environment right to strengthen position and in threat all your unfavorable situation which causes risk or damage to a position. So bacchalog, this becomes a SWOT. Now importance of SWOT, it provides logical framework. It presents a comparative account. It guides the strategist in strategic identification or it helps in identifying a strategy properly. It helps to craft proper business model. Now SWOT analysis, first we gone see strength potentials, strengths, the valuable skills and experience, strong financial conditions. To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 4

Let see naya module brief note on environmental influences on business now as everyone knows business does not exist in vacuum business will thrive only if it interacts with environment otherwise it's not possible to do a business, passive to environment will fade away has a tournament will fade away so you have to be active, givers and takers, opportunities and threats, identity appraise and respond, monitor the environment for growth/survival and prosperity, business has to recognise difficult elements of the environment, also respect adopt & manage them right now baccha log I would like to mention here something about T Series now that company which no longer exist right once upon a time there were the leaders in audio cassette manufacturers that today they have switched over to production of films in Bollywood right so environment influences business so you can think all those Businessman who were previously dealing in audio cassettes video cassettes are no longer in to business these days so they have to switch over to something different so business must continuously monitor and adopt to the business environment for success, now let’s see the characteristics of business environment its Complex right it is very much complicated its dynamic it changes very, very fast multifacet depends upon the perception of the observer say for an example after 1991 LPG after FDI in different sectors we git ecommerce in India so when we got Flipkart started right and Amazon got an opportunity to enter India it was right ya very much scary for Flipkart people but an opportunity for Amazon people so this what opportunity for some while threat for others. To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 2

Dear students we continue with objective of business, operational objective efficiency or productivity. right the very very much essential input - output ratios by utilizing resources effectively now the basis of efficiency are, redesigning production process, attaining suitable input output ratios of funds deployed. utilizing all the resources facilities and efforts in an optimum manner. kids I would like to mention here something about "Dabbawalas" now these peoples operating their business since last number of the ---- and number of universities are doing study on them even they are appear in fobes magazine and when prince charls was in India he made the point that he will meet them. and he mate them, now baccha log these peoples they are same literate SSC pass, few of them may be HSC pass, and really some one might be graduate still these peoples got six sigma why? they are able to deliver dabba at the perfect correct address, now what is six sigma this is rank been giving to all those business operations, which perform their activities to the perfection. as an only 3.33 defects or errors right in the service of deliver of the dabbas. out of one million or ten lakh dabbas isn't it amassing only 3.33 errors. or approximately 4 out of one million or ten lakh dabbas been delivered, so that is efficiency in business. now lets see another objective that survival profitability. To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/

CA IPCC Business Environment Module 1

 Dear Students we are going to see strategic management right one of your papers and theory in IPCC right now this strategic management is journey of business towards perfection and efficiency now the chapters we are going cover now are Business Environment, Business Policy and Strategic Management, Strategic Analysis, Strategic Planning, Formation of Functional Strategy, Strategy Implementation and Control, Reaching Strategic Edge so these are the seven chapters that cover in SM, now let’s see something about pattern of SM it’s for 50 marks as everyone is aware of. Section B covers this paper answer is separate yes booklet question number A that’s our first question in this subject, which is compulsory for 15 marks right and how it is 5 questions each 3 marks, answer any 5 questions from the rest 6 and 7 marks right and 5 questions gives you 35 so totally 50 Maximum 4 mark minimum 1 mark.
Now let see business environment our first chapter. So children’s we see definition of business given by B. O. Wheeler now “Business is an institution which is perfectly organized and operated corrected, proper arrangements are made for doing business to provide goods and services to society under the incentive of private personal gain this what the wheeler said about the business.
Now see what Lui Haney said business is a human activity directed towards producing and acquiring wealth through buying and selling that means buy karo sell karo and you gain that is business now meaning of business is different for different people right let us understand Entity view->Company Corporation and few for few people it is process buying up selling products and few others its like profession or an occupation now according to peter drucker's What is business which is created by and managed by all of us group of peoples they take designs and that design ha an some of the other result or outcome of the entire business. true for each and every business. its not only profit it includes development of wealth, goodwill, societal factors, relations etc. and much much more that is business according to Peter Deuckers. right kids, now lets see the objective, basic objective kya hai. To Watch More Such Videos Download The Free RobomatePlus App: https://goo.gl/V07g2J Or Visit Website: http://robomateplus.com/